NASDAQ:SFM is currently trading in a parallel channel and looks like it will trend down to attempt to retest the support at about $60.70 for a third touch. Thoughts?
Sprouts Farmers Market (NASDAQ: NASDAQ:SFM ) has caught the market's attention with a remarkable 10.92% surge in its stock price following the release of its fourth-quarter results. Despite revenue aligning with expectations, the company's earnings per share (EPS) surpassed analysts' forecasts, driven by robust same-store sales growth and controlled new store...
If the negative sentiment continues, banks continue to collapse, the dollar will drop, pumping $BTC, takin us into an alt season.
I can't believe how much engagement and DM's this coin gets compared to others. I've continued to get a lot of questions as well as people sharing their personal; stories and thoughts, feelings etc. and having a LOT of questions. If you want to keep on with a DCA idea with this project, PLEASE use PATIENCE and get yourself the better buy zones. They DO come...
Let's go over some basic charts and look back and see if we can find any real support or structure to help us remain calm and or find our next moves to be made. It takes all the Wind out of peoples sails when they see their coins/tokens going to new lows and or getting the FUD and or feelings they are going to $0.00. We will try and look for some optimistic as...
It's showing some kind of bull flag/coiled spring, but it's not a fantastic picture. I don't really love it, and I'm heavily questioning everything I'm seeing. I can see why stimulants are so popular in trading/life in general. Without them this task is unenjoyable to the core. Probably shouldn't post this, but just a little real-life energy comin' at ya. Man...
Bollinger Bands getting tight, signaling a possible breakout soon. Heavy buying volume throughout the last week. A move up toward 21.50 would confirm the trend change from consolidation to bull run. Long Sprouts!
With a Sprouting 356 store nationwide & a net sales of $1.6 billion for Q3 2020 I have no doubt $SFM will continue to grow in the coming years. During the 3rd quarter, Sprouts improved on profit, income and earnings per share. A Major key in this reversal is looking for the next monthly candle to be green & gain momentum to the $25-$30 area Chart Stats: Low @...
NASDAQ:SFM AMEX:SPY SFM, WEEKLY CHART looks like Accumulation after Phase C to follow up returned all the damage of COVID 19 and looks like a lot of interest thanks
On Sprouts Farmers Marker we see a rising wedge in a downtrend, breakout can occur upwards or downwards, but in a bearish trend I am looking for more confluence indicators On a large timeframe I will wait until the candle closes below structure. The initial target is market below around $17.00 Cheers!