Spooky season is coming up & with it approaching rapidly also comes the opening of those Spirit Halloween stores that seemingly pop up out of nowhere. $PRTY is a seasonal stock because they earn most of their money during the halloween season. With the stock trading at near 2020 lows again we could potentially realize some serious upside after the company reports...
NYSE:PRTY PRTY had a double or triple bottom after the earnings miss in May but has reversed after PRTY had great reported earnings last week and now has breakout price action. A Target of %3.00 based on the volume profile and the EMA 200 seems reasonable. A stop loss of 1.69 based on the EMA20 and the volume profile makes for a good reward for the...
LOOKS like the PARTY is just GETTING STARTED ... @ PARTY CITY. Adding a few graphic embellishments to this CHART seemed appropriate. RESISTANCE BECOMES SUPPORT ZONE Who knows if nobody sells PRTY may not take a dip ??? SHORT/MID-TERM = LONG. WHATCH for the across the board US-MARKET correction... THEN LONG-TERM = VERY LONG.
LOOKS like the PARTY is just GETTING STARTED ... @ PARTY CITY. Adding a few graphic embellishments to this CHART seemed appropriate. SHORT/MID-TERM = LONG. WHATCH for the across the board US-MARKET correction... THEN LONG-TERM = VERY LONG.
NYSE:PRTY Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%
These are my thoughts on PRTY. They are meant to give you an idea, not trading advice. Party City is very low at these levels. It looks like this stock is about to start building the right shoulder, to form an inverted Head and Shoulders pattern, which according to the textbooks is bullish. If this is so, a buy at the lows of the forming shoulder would be a...
Excited for the market to open. Current position: 500 shares at $1.46. Short term support and resistance levels at $0.54 and $2.79 Exit target - 1.75, already trading at 1.60 pre-market hours, if things go south, exiting at 1.40. The valuable lesson I learned: The most important times for buying and selling shares are market open and market close. Market open...