$FIT losing a near-term ~$17 opportunity? Or are the sellers exhausted?
Beautiful setup in the last hour of yesterday's trade. Meeting resistance.
IF 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...
$FIT has been holding support, will be watching for the break of previous day high for continued momentum
If only you have this stock in your portfolio and if you are mindset is cashflow, still wait for ER... Aug 16 15.50 for 0.46
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...
RETIREMENT 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...
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...
FIT looks like it want to breakout and test the 200MA as it has crossed the 50MA with good earnings a month ago. EPS beat .29 vs .20 expected
Bullish divergence in Macd, RSI, and StockRSI, all indicate that at least for now the selling of Fitbit shares might be nearing an end.
Fitbit is holding its own against Apple. This is the more affordable device and controls the market share for this space...FIT was upgraded and thus has a nice gap today, should run higher from here with overhead supply at the old resistance levels look for those to be targets to take profit and lock in gains....move stop to trail...stop starting in gap, give...
This new IPO has a great niche with health devices and will help the overweight and fitness conscious to gain more valuable info on their workouts and overall health. This may be bigger than apple watch due to the price point. The breakout allows for a nice run, but could be a fake out lets see if holds the breakout point