YETI trade ideas
YETI HOLDINGS OpinionHello traders, YETI HOLDINGS is in fake bearish surge attempt repressed by the buyers on the TIMEFRAME 5 Min, we see a bearish doji which seeks to turn on the next low point to start higher. Despite the large purchase volume at the start of the session, we have a great potential to break the equilibrium zone to go towards the next one, to go to the previous one above, but it seems that there is not enough power to get to the top of it.
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Looking at Yeti stock (and yes I own one of their mugs)I thought about this chart because as I am typing I am drinking from a Yeti mug. I am familiar with the brand and a lot of young people are as well. They really do have a strong presence and are smart marketers. With that being said, I have never owned or traded this, but am well aware of it and have had it on my watchlist.
The chart I have here shows YETI since its IPO. It did have the greatest IPO debut, and eventually, like everything else, it got crushed going into the Covid crash. But, since then, it has really ripped higher. It made all-time highs not long ago.
This is probably due to the fact the company has a strong online presence as is and ships things fast and with ease. They were born online and through social media. So perhaps the stay at home orders are actually helping them! Now, the only thing I will say, is the revenue trend. If I am going to get involved at all, I need to see revenue spike. I've circled this in red at the bottom of the chart.
Anyways, no trades yet, but writing this to let you know I am watching it. It's on my Watchlist.
Going Long with YETIYETI Has a strong trendline going up. We can see a few times in the past it bounced off the trendline when it also met the 20 EMA.
Will it happen again?
The company had good earning reports recently as well.
Worth the try with low risk. Go LONG.
Best of luck to all!
YETI on WatchLike this one above box. If this can clear the consolidation there is plenty of room to run.
W for winSetting up nice consolidation under 200 look 4 break on volume then move above previous high for a monster a move
YETI 1DYETI 1D chart. no technical analysis today just some thots YETI Going down u can c where on my chart ok lets begin YETI going down to get more customers market need more money to come inside the market and when supply get demand and price is correct traders start buying so price will go back up people is going to buy because it start getting more expensive so they think time to buy now and they will make money but than that greed comes in and greedy people now start thinking i will risk i better make little amount but i am not going to loose none ill wait few days ill c what's going to happen and than buy stock so they wait few days and miracle happen stock gets more and more expansive daily now time to grab that free cheese time to buy and we all know that not u not me not our family members and everybody in this world never got free cheese the moment they buy or may be greed say u taking to little its going more up but the real traders already start selling because they got their supply when they c decision making moment and that they can loose risk little now to make big so they take that risk back than 2nd candle usually now they start selling start taking profit out and to lower price down to get more people in so they can make more money the moral is in the end everybody gets what they deserve stop being greedy in this business u need balls to risk some off your money if u afraid to loose even little go look for other business that brings profit to u not ones not twice but consistently without risk but usually its physical job. Everybody thank you for reading my nonsense its just how life is. Use your brain don't listen to fake news they lying a lot and u loose money because of them to sometimes and me i am just bull shitting
Lesson on triangles based on my current knowledge triangles must have contracting vol and with rsi validation.
this is not trading advice, for education purpose only.
Best of luck trading
YETI Rubberband SnapbackYETI is very extended to the downside, beyond its bollinger band and below 10 on the stochasitics indicator. I believe there will be a relief bounce bring this back up to true range value around $26-27
YETI: Lower Low breaks the trend line, short with target of $26Yeti was a long for me at the beginning of the year, as I thought it would have nice growth potential. The chart, however, tells a different story. Until it reestablishes a new positive trend of higher highs and higher lows, I'm short.
YETI failed breakout and ascending triangle breakdownYETI had a failed breakout of the ascending triangle and has promptly broken down from the triangle. It retested and is following through to the downside. Looks like a great short opportunity.
Long campaign / earnings gambleSupply either absorbed or barely present. Looking good going into earning + the whole range in 100% buyer dominated. Long campaign, target $70+.
Brrrr.Baby, it's cold outside.
Barstool Sports is really going to have to up their shilling of $yeti products in order to deal with the disgusting price structure, massive short interest, and global pandemic!
I picked some 3/27/2020 30$ puts for 1.29$, some 7/17/2020 25$ puts for 1.5$.
Yeti— Creating the low base of channelCreating the low base of channel....Hanging around the low since the coronavirus news still making headlines let’s see next week if it pushes upward as it should if it’s following the channel. It has (followed like most) stocks gone down 5% or more in some cases.....
This creates a nice BUYING opportunity....creating a bit of an oversold position if there such a thing on the RSI VIEW. IMO.
BUY when people are fearful.
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Disclaimer:
Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts only of the markets. Thank you.
Yeti— closer LOOK! 15 min chart up!Yeti— closer LOOK! 15 min chart up!
Looking ready to turn the corner into this coming week. Positive results. Just needed to consolidate to allow buyers in—- and gain a support level bottom before the reversal move. IMO.
Please do your own DD. & Homework before any buys and sells... and seek professional investing advice.
YETI --- ready to POP --- turnaround now!! reached low.....YETI --- ready to turnaround now!! reached low..... after terrific quarter reports ---- YET now reached the low of the channel and soon to reverse back upwards!! --- This is a 2 hour channel - view --- with the larger duration view in the background!! Lets go. IMO
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Disclaimer:
Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts only of the markets. Thank you.
