Bullish CHarts - Undervalued, $1.1 B in Sales, 97.3K New UsersEndurance International Group Holdings, Inc., together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses in the United States and internationally. The company operates in three segments: Web Presence, Domain, and Email Marketing. It offers Web hosting services, including entry-level shared hosting, and virtual private server and dedicated hosting solutions; Website building tools; domain registration, management, and resale services; malware protection solutions to protect subscribers' Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to schedule, maintain, manage, and restore backups of their online data and Websites. The company also provides email marketing solutions that enable subscribers to communicate with their customers and potential customers through email; products that enables subscribers to sell their products and services online, including secure and encrypted payments, shopping carts, inventory management, online marketplace listing solutions, payment processing and related services, and mobile payments; and search engine optimization and marketing solutions. In addition, it offers solutions that allow subscribers to have their Websites and email marketing campaigns rendered on mobile devices; tools and services that enable subscribers to communicate with their customers and potential customers through social networks; business productivity tools that include professional email, word processing and presentation software, online storage, shared calendars, and video meetings; control panels and dashboards that offer subscribers with tools to analyze activity on their Websites; and professional services, including Website design, marketing, social media management, and Website migration services. The company was founded in 1997 and is headquartered in Burlington, Massachusetts.
Many traders may not realize, this company owns some prominent & well known assets including CONSTANT CONTACT, BLUEHOST, HOSTGATOR & DOMAIN.COM among others.
Many of these services we all use on a daily basis.
On 07/14/20, Endurance announced Prelim. Q2 Sales of $274 Million, Net Subscriber Additions of 97,3K, and FY20 Sales of $1.1 BILLION
On 07/15/20, Credit Suisse Lifted the price target on Endurance to $9.00 - (I think this is very conservative especially after seeing the assets the company owns)
The Daily Chart looks BULLISH
50-Day MA is about to cross up and over the 200-Day MA, BULLSIH
Volume is Green, Bullish
PMO is Bullish
MACD is Bullish
RSI is Bullish
Stochastic is Bullish
OBV is Bullish
Accumulation is Bullish
Folks, if you look back at our previous research picks, we've made a lot of great calls. Look at APT, WRTC & SPCE today, to name a few. We think this stock is worth at minimum, $15 to $20 a share after looking at the assets they own.
We think the assets are worth more than the stock price right now. CONSTANT CONTACT, BLUEHOST & HOSTGATOR are very well known in the technology industry.
Long!
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Shopify
Shopify's price-to-sales ratio is... nearing 70!Just a quick chart showing Shopify's price-to-sales ratio, which is nearing 70. That means investors are paying $70 to get $1 in revenue from Shopify. I have yet to see a large cap stock of this size trade at a multiple like it. Truly amazing to see.
No comment if it is overvalued or undervalued. But, it is high up on my watchlist for future volatility and I thought some of you would find it interesting.
They could grow 200%+ and I guess at that point it makes sense. But the expectations are high for them and need to hit on all cylinders.
PIGSKIN AUDIBLE - .007 Piggish Play - Long Shopify to 1150+The market is going up. Thus, the prior .007 Piggish Play to short what's its name, is not an idea that I would champion with certainty.
Given that the market will likely "pull back" on the open, it will only do so for the purposes of offering an absolute gift of a buying opportunity. Further, the S&P needs to "technically" reach a new low on this last swing down, which will likely look like a long wick on the hourly chart by the end of today.
Take advantage and buy discounted 1030 strikes for July 10th expiration.
This will melt-up, rest assured.
-Replacement Pig
SHOP - Shopify Sell BubbleHello traders,
Description of the analysis:
Shopify selling bubble speculation.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (4 000 000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
Shopify: Unusustainable Parabolic Move Analysis 1D, 1W (May 25)X Force Global Analysis:
Shopify, a multinational e-commerce platform located in Canada, has shown extremely strong bullish momentum for the past few weeks. In this analysis, we take a purely technical approach, and explore the bearish signs emerging from Shopify's intense bull run.
Analysis
- On the left hand side, we have the daily chart for Shopify (SHOP)
- The first thing we notice is the number of gaps that have been formed on the daily chart
- While Shopify has been on a bull run, it has been trading in an extremely choppy trend, forming gaps from $772 down to $367
- This excludes the gaps that have been filled by the candle's wick
- Counting Elliott Waves, we see a textbook impulse wave count (12345)
- While we are currently completing wave 5, it is hard to confirm whether there is more upside, or whether we have topped out, as this is a record high
- The Relative Strength Index (RSI) is extremely overbought on the daily
- While the Moving Average Convergence Divergence (MACD) has negated its death cross, the bullish histograms do not demonstrate much momentum either
- The envelope indicator demonstrates that we are overextended on the daily, potentially looking for at least a pullback
- On the right hand side, we have Shopify's weekly chart
- The weekly chart demonstrates a clear parabolic trend
- We can spot an extended bearish divergence, in which we see higher highs on the price, and lower highs on the RSI
- It's also important to note that the RSI is at overbought regions on the weekly too
- Parabolic trends are unsustainable, and even if we were to see a correction down to test the parabolic trend, that would be a 50% move down from current price levels
What We Believe
While Shopify is a stock that is sound fundamentally, technicals demonstrate clear signs of prices having been overextended and the stock being overbought.
Trade Safe.
Short Shopify $SHOP (Ridiculously Overvalued) Hey traders, today I share my short trade in Shopify $SHOP as the fundamentals and technicals have aligned for a good risk/reward short entry imo, plus it serves as a good hedge to a traditional long portfolio of stocks.
Be sure to follow this trading idea as I will update it as it progresses.
Have a good week!
Jared.