MTCH1 trade ideas
MTCH LongMTCH long above 46. Notes on chart.
If triggered, April 46 or 47 calls have good risk to reward.
Held up during market selloffLook for entry on way up. Keep an eye out on this market volatility. During times like this, If you go into profit, manage your trade with a tight stop, preferably on a smaller time frame. Be careful.
---Ideas are not investment advice
Simple trend continuationsimple and clean trend i would like to see a small tight consolidation creating a shelve before continues
#MTCH #stock #LongI have finally found a solid long! MTCH has formed an upward channel. All indicators confirm on the daily, weekly, and monthly. What is even better is when you slide down to the hourly and 15 minute charts. There are two double bottoms inside of each other. This can be a quick play for the upcoming week to ride the markets rebound and set up some longer term longs! WOOHOO
trading pattern criteria
confirmed pattern 1
pattern confirms trend or confirms broken trend 1
pattern is syemtrical 1
pattern leans in the direction of the move 1
stoch RSI confirms 1
macd confirms 1
obv confirms 1
pattern confirms on 1 higher time frame chart 1
pattern confirms on 2 higher time frame chart 1
pattern confirms on 1 lower time frame chart 1
Total score 10
MTCH Inside day after new high long opportunityI don't really know too much about this company, but my sister says that all of her single friends are using their product.
Often times, a good trade comes from our daily lives!
Let's go back to the chart.
An inside day after historical new high is one of my favorite trade as there are not really much upside resistance, it's a classic momentum trade!
Let's see how it goes!
Mtch breaking out monitoring $iac as well Will continue to monitor looking for possible retrace of B/O level
MTCH on watch for short into exhaustion of parabolic moveMTCH had its first red day today after a parabolic move. Looking for exhaustion via double tops or lower highs to get in short.
MTCH: let's swing...Ladies and gents. This little stock taps into raw human impulses and turn them into gold 0.30% . Talk about alchemy. Move over George Soros...
I made the image a bit bigger but there is a channel top at around $21.80.
I see this stock going up. I put a few scenarios with the red arrows but as usual, the market will do what it will do... red arrows or not. The key is just to try to have a set-up that makes some sense and to have a defense plan is stuff hits the fan.
This stock can move a fair bit in a day so I will probably put my stop under the yellow rectangle to let the stock breathe.
There are several lines of support there including some moving averages not shown, in order not to clutter things too much.
The big red line at about $17.1 is the POC 5.71% .
Very important to keep in mind that earnings are around January 31st. MATCH was an IPO 0.34% a few quarters ago and it had big moves on earning. Unless you are very good at praying, I would recommend to either get out pre-earnings or find a way to protect yourself or your gains if you have some before earnings.
Cheers
MTCH - Long - Swing+ High vol. breakout last week
+ followed by multiple days of narrow range, sideway, movement, with contracting volume
+ support from 5ema
+ trend intensity turned bullish since last week
- earnings is 3 weeks away; possible that prices will remain range bound w/ fake break-outs, leading up to the earnings release
: Target is a bit aggressive depending if you want to exit before earnings; if there are enough gains, once might stay through the earning release
Match going into earning. Price in rising channel. Before earnings are announced today Match.com price is in a rising channel. Now, it is having some difficulty staying above the resistance set when the stock started trading at 16.15. Regardless of earnings I am bullish unless price breaks down through rising channel with heavy volume. However, RSI divergence is pointing to a possible down turn in the near future.
SQ & MTCH - Two Largest IPO to focus this MonthSquare and Match.com is now public.
Two of the largest IPOs last month. With a good amount of volume. This can be traded.
Stay Nimble.
