We see FitBit may be crossing a multi-year resistance if we get a confirmed weekly close above resistance, we can look for higher prices in the coming months.
Hello friends, Because I saw how well I called out MIK for the gains, I wanted to ask you to hit that ravishing like button until it turns green by profits, no seriously, as much as i loved how MIK Triangle played out this one might be even better, I see such a potential swing trade here on the week chart which makes me want to just get in and hold while it...
$FIT has been accumulating since 2017. $7.09 is a critical resistance. 12 months Consensus Price Target: $6.76 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
On the news side of things Fitbit has decided to start shifting it’s supply chain resources to make emergency ventilators designed to treat coronavirus patients. www.nationalheraldindia.com That’s what caught my eye to actually look at FIT. Upon looking at the charts I’ve found that FIT has also formed a Bullish Bat harmonic. There is also a nice gap that...
Stock Symbol: FIT I'm getting a crossover signal on the weekly for Fitbit to the upside. It had a large move up and I wish I would of had research this one prior to 2020. We are at a level that price has been rejected by multiple times in the past. Good entry around here. If we can get volume to break high it could be a good return. Diversify and use 5%...
FIT stock has been one they've followed since August. It's been a tough one to stomach because of the intermittent breakouts followed by long periods of sideways or consolidation trends. The rumors were initially exciting but then concerning because we didn't really know. But happy to see they actually played out. QUOTE: Fitbit stock has been one of the most...
chart looks more willing to go down...
"GOOGLE is in talks to buy the company" does not mean anything till they get a deal which could take months... a year. Sell the news. 50% rally from google in a "bid" to acquire the company. Sell that shiz.
$FIT Iron Fly Buy: 11/22 3p for .13 Sell: 11/22 4p for .55 Sell: 11/22 4c for .44 Buy: 11/22 5c for .19 Net Credit: $0.67 (Max profit if pinned at $4) BP Reduction: $0.33
The upper trend line comes down off the 6-month chart. A new lower high has occurred. It's attempting to find support at the 100ema. The potential is there, they just need some good news. Seems like the media has been vehemently against them lately. "Stay away," etc. I feel a BO is due, but likely temporary.
I'm very bullish on fitbit in the longterm. 1st may has been announced a results release. Strong bullish movement is building for a short term strong increase and maybe the last station to take the train. I suppose a optimal entry around 5 dollars BIO
FIT looks like it's consolidating around ~$5.80 Looks like it'll break out around April 10th once it crosses either side of the wedge. I'm thinking of making a strangle around $6Calls and $5.50Puts or you could yolo it and by Apr5th or Apr12th $6 calls.
Potential target before the ER.
Though NYSE:FIT was going within the channels & trendlines, and possible breakout in the next month, after the ER, expected is -.05, which is the period ending December 2018!! Looking at the discount Amazon gave for FITBIT products online has tremendously increased the sales volume. This ER is important! I shouldn't be as expected, it should exceed the...
Though NYSE:FIT was going within the channels & trendlines, and possible breakout in the next month, after the ER, expected is -.05, which is the period ending December 2018!! Looking at the discount Amazon gave for FITBIT products online has tremendously increased the sales volume. This ER is important! I shouldn't be as expected, it should exceed the...
Strong resistance & support wedging at next ER 28 Feb 2019. Until then Neutral, but holding for bullish trend.