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FIT

FITBIT Holy Buckets - SO BULL - NEW GADGETS FOR KIDS, AND MORE!Fitbit is having a he*& of a year. Holy buckets. Holy fire sauce, IT'S HOT! With a kid friendly watch (which I hope Mrs. Obama has invested in) and more hot gadgets on the way, Fitbit is in my opinion, looking for the $15 mark sooner than later. Chart wise: Consistent curls (purple), with minor drops (blue teal), and quickly rising (green arrows). It could follow this path for a while, with this kind of volume. So bullish. -DUMPSACK
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by DUMPSACKcrypto
FITBIT -- DON'T MISS OUT !!!Fitbit made me some cash money today! I believe the bullish trend shall continue. Tomorrow, I believe it will bounce around the 7.30 -> 7.55 mark. Resistance and bears in the gray rectangle. Support and bulls in the teal triangle. Teal lines = Support Green lines = Resistance Wednesday is the day I believe it will take off. After consolidating and shaking the weak hands out on Tuesday, the big fish will play. Fitbit IMO is so underrated and inexpensive right now! --Thanks. Dumpsack.
FLong
by DUMPSACKcrypto
Fitbit: an AI and IoT Play - This is the Cheapest it's Gonna GetFitbit's value isn't just in its wearables. It's in its data and cloud connectivity. Fitbit's had a good run with its line of functional, stylish activity trackers and health monitors. Customers can choose between classic trackers, a few smart watches, and even smart headphones and weight scales - with a large selection of accessories to mix and match throughout the product line. But that's only taken Fitbit so far - in the case of its stock price, down massively into the single digits since 2016. Fitbit's stock has been adrift in the single-digit doldrums for a long time now. But believe it or not. . . This is the cheapest Fitbit is ever going to get. Why? Because Fitbit is making its foray into its next big space, its next supreme endeavor - health monitoring, big data, electronic medical records, and cloud connectivity. On 4/30/18 Fitbit announced it is partnering with Google's Cloud Platform to facilitate its entry into the data and I.o.T (Internet of Things) of healthcare. Real-time biometrics, new and innovative application use and creation, population health analysis, and more will form the meat-and-potatoes of Fitbit Health Solutions - Fitbit's initiative to use omnipresent real-time and stored data and analysis to achieve positive health outcomes with mass health monitoring. Visionaries and forward-thinkers have been talking about the burgeoning field of biometric sensors and health monitoring for a few years now. Fitbit and Google look to be the mainstream facilitators and operators in this new space of healthcare. And we all know humanity's two concurrent life-changing revolutions - AI and blockchain - will be a big part of this. The technicals are nicely supporting the story. The stock has been in the $5-$6 USD range throughout 2018, and a case could be made for an inverse head-and-shoulders bottom printing since February 2018 to today (though it might be just range noise); but with volume relatively low, we may only just now be at an inflection point - the big moves and big money are probably a little ways out as Fitbit's brand-new endeavors prove themselves throughout the rest of the year and into the next and beyond. Fitbit could be at a massive discount with huge money to be made longer-term. Please like, follow, and share, and maybe we can have fun and do great things together. Thanks again! See it on the site: holsturr.com/category/markets/charts/ ** For speculative and research purposes only - good luck! **
FLong
by holsturr
1
Getting fit with FITWhere exactly is Fitbit headed to? After a showing signs of a bullish gartley chart, all FIT needed was a really great earnings report to piggy back off a great bullish gartley formation. Trading movements can be somewhat predictable with TA but remember that dramatic movements require real FA. Looking at the daily chart, we see the pre-ER hype + technical bound rising out of the descending wedge to a breakout attempt, only to be squashed down by what some would classify as a dissappointing ER. FIT's attempt at a breakout became a mess and even hit a new ATL. So, is it all over for FIT ? Maybe not. There's a few interesting things that happened on the day of the post-ER. Gap drop Doji formation Volume ticker that exploded into the green, to a level we haven't seen since August 2016 In combination, I would translate this action as accumulation movement. Short term wise, this analysis would make sense given the price action for the past few days since hitting ATL. Long term wise, FIT is at the mercy of proper FA before TA can support any massive movements - til then bears are in control.
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by showmethat
CASHFLOW: $FIT 5% ROI - READY WITH FAR MONTH CALLSIF ONLY THIS $FIT IS ALREADY IN YOUR PORTFOLIO, THEN PROCEED. OTHERWISE YOU NEED TO WAIT FOR ER. I already have $FIT in our portfolio, So maybe after ER, I'lll decide to sell far month call. Possibly, FEB17 13 strike @ $2.55 and close it @ 1.77 which 5% ROI. so you can cover your losses here. Fundamental are not good for new entry. Technically it is going up, around 14.85/14.95, so possible drop, if it closes within the channel. Option contracts are good with far month contracts. RISK: Enter at your own Risk. Investment mindset differs from person to person. Method may not be suitable for your investment objectives. DISCLAIMER: I don't provide investment advice, I'm entering the market with my own account.I don't try to accurate in entry, because most of the time I or my client own this stock , so we only look approximate change in trend. It is not necessary you have to do the same. Update status
FLong
by Unconventional.Intelligence
NEXT WEEK'S "SHOPPING LIST" -- FEYE, ANFI, FIT, RTRX, MCRB(?)With broad market volatility abysmally low (VIX <12), it's a game of hunt and peck for "diamonds in the rough" in terms of premium selling. For the most part, I'm looking for sub-$20 underlyings here with high implied volatility for either selling naked puts (bullish assumption) or initiating covered calls where the purchase of the stock, combined with selling the first out-of-the-money call 30-45 DTE, will yield at least a 10% ROC if the stock is called away at the short call strike. The reason why I'm sticking with particularly low priced underlyings is (a) I don't want to tie up a bunch of buying power on these short-term (basically) engagement trades; and (b) don't want to take a lot of risk on dollar and cents wise. The max loss you can experience with an outright stock purchase, a covered call, and/or a naked short put is the risk associated with the stock going to "0"; less room to fall equals less room for loss. Additionally, the reason why I'm going covered call/naked short put over a short strangle/iron condor (my standard go-to's) is because you simply cannot get enough premium out of a short strangle or iron condor to make doing those on these low-priced underlyings worthwhile with those kinds of setups. With all that background in mind, here's what I'm looking at: FEYE: It announces earnings in a few days here, but the metrics are good enough to either go naked short put or to just dive right into a covered call. (Covered Call: 100 shares at 17.42; Sept 16th 18 short call for 1.54 credit; whole package, 15.95 debit; max profit 2.05 ($205); ROC 12.85%; Sept 16th 16 short put: 1.05 cr at the mid). ANFI: I've never played this little specialty foods company before. (Covered Call: 100 shares at 7.11; Sept 16th 7.5 short call for .75 credit at the mid; whole package, 6.70 debit; max profit .80 ($80); ROC 11.94%). This isn't the most liquid thing in the world, so whether the package is as "sexy" as it is in the off hours remains to be seen. FIT: This is a one trick pony, and I generally don't like one trick ponies; nevertheless, I'm glad to ride a one trick pony for a little bit if the premium is there. (Covered Call: 100 shares at 13.66; Sept 16th 14 short call for 1.23 credit; whole package 12.37; max profit 1.63 ($163); ROC 13.18%). RTRX: Another high volatility biopharma stock. I'd rather be put at $12 a share than $15, but the underlying is afflicted with odd-ball, $2 1/2 wide strikes to work with, so it's either 12.5 or 15 short put, if you decide to take that path. (Sept 16th $15 short put goes for 1.52 ($152) at the mid; Covered Call: 100 shares at 17.93; Sept 16th 20 short call for 2.30; whole package: 16.20; Max Profit: 3.80 ($380); ROC 23.5%). Unfortunately, the first short call strike above current price is at 20, so the underlying will have to move from 17.93 to 20.00 for you to get called away, so this might be a longer term sort of play than the others due to the short call's distance from current price. MCRB: This thing has tanked mightily, due to lackluster trial data on one of its drugs. There are other drugs in the pipeline, but the question is whether its losing some 70% of its value on Friday is a buying opportunity or the start of a long death spiral. Currently, I'm unable to get pricing on puts below the underlying's current stock price, so I'll have to take a look at it at market open.
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by NaughtyPines
2
UI | Cashflow: 8.5% on SOLAREDGERETIREMENT ACCOUNT HOLDERS If you have this stock $SEDG NASDAQ:SEDG Stock screener protocol is good except the earnings date falls on 2nd August. Take care of it... Chart is looking good. Buying low as it bounce on TREND LINE. And in next few days, possible cross over of green on red and white MAs. See the chart NASDAQ:SEDG Aug 16 18.00 call is 1.60 which is 8.5% (unassigned return) and 4.4% (assigned return) Be Awesome Raj CIO Unconventional Intelligence Risk: Enter at your own Risk. Investment mindset differs from person to person. Method may not be suitable for your investment objectives. Disclaimer: I don't provide investment advice, I'm entering the market with my own account.I don't try to accurate in entry, because most of the time I or my client own this stock, so we only look approximate change in trend. It is not necessary you have to do the same.
NASDAQ:SEDGLong
by Unconventional.Intelligence
3
Are investors starting to believe in Fitbit stock?With continued surprises in Fitbit earnings, and a P/E growth ratio of 0.6, this stock is several undervalued...why? With the increasing pressure of competitors in the market, and the backlash from investors over the Blaze announcement, Fitbit's stock has continued to tumble. However, is this finally the upward trend in the stock that has the highest market share, in the fastest growing wearables sector, with the product lines that sell best in the regions where there is the most revenue in the wearables sector?!?!?! Hopefully not, because it represents a huge opportunity to buy!!!
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by acmott1