GPS Entry SignalThe price just broke a 2 month Resistance Point. The momentum is also very strong.Longby Ghitto_LLCPublished 0
GPS Entry SignalA strong bulllish momentum is being witnessed, especially from the Ichimoku Indicatorby Ghitto_LLCPublished 0
Gap Anticipates Revenue Growth in Q2 ReportGap Inc., a leading global retailer, is poised to release its Q2 earnings report after today's market close, projecting a revenue increase to 3.63 billion USD, marking a 2% rise from the previous year. The company also anticipates an increase in earnings per share to 0.40 USD, up by 0.06 USD from last year. Additionally, preliminary data suggest a nearly 3% growth in same-store sales. Since the start of the year, Gap's stock has seen a moderate increase of 11%, and a positive quarterly report could further catalyse the stock's upward trajectory. Technical analysis of The Gap, Inc. (NYSE: GAP) Exploring potential trading opportunities based on the technical setup of Gap's stock ahead of its earnings announcement: Timeframe : Four-hour (H4) Current Trend : the stock is exhibiting an upward trend within an ascending price channel on the H4 chart Short-term Target : the immediate upside target is positioned at the resistance level of 25.40 USD Medium-term Target : breaking past the 25.40 USD resistance could lead to further price appreciation towards the yearly high of 30.74 USD Key Support : currently established at 22.24 USD Reversal Scenario : should the stock breach the key support level at $22.24, it would negate the bullish outlook, potentially driving prices down to around 20.00 USD Market outlook Gap Inc. shares are currently trading near the support line of the ascending price channel. A robust earnings report could provide the necessary momentum for the stock to continue its upward movement, possibly approaching annual highs near 30.00 USD. Investors and traders should closely monitor the reaction to the post-earnings which will likely set the tone for the stock's short-to-medium-term trajectory. A positive outcome could reinforce the bullish trend, while any negative surprises might prompt a reassessment of the stock's growth prospects. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.by RoboMarketsPublished 2
GAP Post Q1 2024 Earnings (part 2)The time has come. New ticker symbol, same story, my thesis remains unchanged despite the macro environment. I think GAP is in a good position to remain within this large megaphone like channel and I think that those who did their due diligence and believed in GAP will be rewarded. In terms of position, I'm going 95% shares and 5% calls. I have definitely capitalized on today's low open. I expect a good year for GAP but If I'm wrong, I'm willing to accept the loss. Longby LaMASIA_100Published 222
Gab heading towards WAVE 54hr RSI is in a deficit. I am going to assume that it will have a green day tomorrow if the NYSE stays green. by Teagueb9Published 3