$CWH Possible H&S Heading Into ER$CWH Possible H&S Heading Into ER
$35 and the 50d ema will be a key level to watch here.
Near term target: $30-$32 range
0HSU trade ideas
It's Camping Season. No Hotel. No Problem!Company is built to thrive in current environment. With another lockdown highly unlikely and liquidity fears tempered by the feds action in fixed income markets. This stock has room to run. Price target $34.00 prior to earnings.
TA + Personal Opinion, not financial advice. Best of Luck!
CWH was quarterly gainer,rising +460.43%.Expect Uptrend reversalCamping World Holdings Inc - Ordinary Shares - (CWH, $27.93) was one of top quarterly gainers, jumping +460.43% to $27.93 per share. Tickeron A.I.dvisor analyzed 61 stocks in the Specialty Stores Industry over the last three months, and discovered that 60 of them (98%) charted an Uptrend while 1 of them (2%) trended down. Tickeron A.I.dvisor found 222 similar cases when CWH's price went up 15% within three months. In 128 out of those 222 cases, CWH's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for CWH are 58%.
CWH's in Downtrend: Moving Average Convergence Divergence (MACD) Histogram just turned negative
This is a Bearish indicator signaling CWH's price could decline. Traders may explore shorting the ticker or looking at put options. In 26 of 32 cases where CWH's MACD histogram became negative, the price fell further within the following month. The odds of a continued Downtrend are 81%.
CWHLooking like the out did their expectations since other forms of vacation are unavailable or more risky. RV selling has picked up this season and may continue to pick up.
I have set the absolute high here where I will be taking a large short position but until it hits that position will continue to watch it. We won't know where the high will be until earnings comes out again soon. So here is where I think it will be for now.
CWH Can't camp foreverEventually we'll see a loop back down but the camping world is only going to rise into the summer season.
$CWH Camping World Holdings
Possible long opportunity on break above 50 day moving average and above POC (red-line)
RSi strong
MACD crossing Zero line- short covering signal
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Camping World Bullish reversal $cwh Insider Buying
Keep on your watch list for continuation,
Really hard hit stock and has high short interest of 18%
Very active insider buying throughout the decline
Camping World Holdings, Inc. ADAMS STEPHEN Directior 2020-03-13 Buy 3,600 6.73 24,225 2020-03-17 16:15:59
CWH Camping World Holdings, Inc. BALTINS ANDRIS A Directior 2020-03-13 Buy 20,000 6.48 129,566 2020-03-16 19:59:00
CWH Camping World Holdings, Inc. ADAMS STEPHEN Directior 2020-03-11 Buy 13,750 8.12 111,691 2020-03-12 20:03:31
CWH Camping World Holdings, Inc. LEMONIS MARCUS CHIEF EXECUTIVE OFFICER 10% Owner 2020-03-12 Buy 100,000 6.33 632,890 2020-03-12 20:03:01
CWH Camping World Holdings, Inc. LEMONIS MARCUS CHIEF EXECUTIVE OFFICER 10% Owner 2020-03-05 Buy 50,000 10.71 535,560 2020-03-09 16:15:48
CWH Camping World Holdings, Inc. FLANIGAN MELVIN CFO AND SECRETARY 2020-03-09 Buy 22,000 9.70 213,400 2020-03-09 16:15:44
CWH Camping World Holdings, Inc. LEMONIS MARCUS CHEIF EXECUTIVE OFFICER 10% Owner 2020-03-05 Buy 50,000 10.74 537,170 2020-03-05 21:15:49
CWH Camping World Holdings, Inc. Moody Brent L. President 2020-03-05 Buy 10,000 10.88 108,762 2020-03-05 18:24:18
Camping World Cup & HandleFairly standard setup. Name that is often overlooked and therefore less prone to manipulation.
T1: 19
T2: 20's
CWH Is Running Out Of DieselCWH (Camping World) is running out of ⛽ diesel while trying to drive uphill. Further momentum favors initiating a SHORT position.
CWH - Moving up!CWH has finally broken through the rim on a cup and handle pattern above $15 on decent volume. It is squarely in its uptrend channel after falling thru temporarily to test its 50 day. MACD, RSI and FIB resistance all coming into play here but current impulse leg could carry to $19.66 or so. During the first year of Trump's Presidency from the time of election, the stock went from $20 to nearly $48 and then proceeded to lose 85% of its value after bottoming last year at $7.12. Still trading below its 2016 IPO price of $22. Market cap is around $1.45B on roughly $5B in sales. Marcus Lemonis its biggest shareholder, Chariman and CEO, and star of CNBC's "The Profit" bought more shares last year in the $10-14 range. He is highly motivated to increase his net worth and ultimately the value of the company. Looking for a pullback to the $15 area to add to positions. May be stingy here so don't be too picky.
$CWH Camping World The entire sector has made a very bullish recovery lately, NYSE:THO NYSE:WGO have had good earnings and a upbeat outlook.
Will look for a long entry on a break above $15 or on a possible entry at lower levels if $15 holds as resistance.
CWH - ready to breakout?CWH looks to be taking a shot at getting to the rim of the bowl and breaking through. Because it has doubled since beginning of September I don't think it can continue on without a breather. I have an immediate target of $15.47 and expect it to follow a traditional pennant formation through important FIB levels before moving higher. Watchlist item.
$CWH The Prophet Marcus Lemonis leads insider buying. Entry level on break above 100ma @ approx $10.20
The know it all Prophet Marcus Lemonis has had some humble pie on his plate for much of 2018 and 2019, renowned for turning other companies fortunes around, probably the biggest challenge is within his own company now. He and many within the company have seen the stock as undervalued and have been buying up shares at a considerable rate.
The article below looks in greater depth to the inside buying activity.
The recent activity in NYSE:WGO and NYSE:THO shows some positive signs within the sector.
Short interest very high @ 29.38% very high and could help ignite a short covering rally.
Simply wall street article
Chairman & CEO Marcus Lemonis made the biggest insider purchase in the last 12 months. That single transaction was for US$1.3m worth of shares at a price of US$13.27 each. That means that an insider was happy to buy shares at above the current price of US$9.45. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.
In the last twelve months Camping World Holdings insiders were buying shares, but not selling. They paid about US$11.75 on average. This is nice to see since it implies that insiders might see value around current prices. You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Camping World Holdings Insiders Bought Stock Recently
Over the last quarter, Camping World Holdings insiders have spent a meaningful amount on shares. Not only was there no selling that we can see, but they collectively bought US$477k worth of shares. This makes one think the business has some good points.
Does Camping World Holdings Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Based on our data, Camping World Holdings insiders have about 0.5% of the stock, worth approximately US$3.7m. We prefer to see high levels of insider ownership.
Company profile
Camping World Holdings, Inc. engages in the provision of a comprehensive portfolio of services, protection plans, products and resources for recreational vehicle enthusiasts. It offers products under the brands Camping World and Good Sam. Its operates through the following segments: Consumer Services & Plans and Retail. The Consumer Services & Plans segment offers services such as emergency roadside assistance, property and casualty insurance programs, travel assist programs, extended vehicle service contracts, co-branded credit cards, vehicle financing and refinancing, club memberships, and publications and directories. The Retail segment offers products such as new vehicles, used vehicles, parts and service, including RV accessories, and supplies, as well as finance and insurance. The company was founded in 1966 and is headquartered in Lincolnshire, IL.
Potential Bottom for Camping World. Decent Value Play.Normally don't play value, but at just over $8/share, $CWH is looking like a great deal here. The cup and handle helps. RSI strong.
$CWH Short sellers will just love another downgradeWe are ignoring today's downgrade as having no significance, NYSE:CWH has been in free-fall for 2 years and despite the CEO buying shares and a hedge fund entering the stock it has failed to find a bottom. The company is on a aggressive restructuring and cost cutting strategy which will hopefully impact earnings in the next quarter. This could be a very rewarding reversal trade but we will wait for the stock to find a true bottom and produce a higher high and a higher low.
AVERAGE ANALYSTS PRICE TARGET $16.41
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
SHORT INTEREST 29%
COMPANY PROFILE
Camping World Holdings, Inc. engages in the provision of a comprehensive portfolio of services, protection plans, products and resources for recreational vehicle enthusiasts. It offers products under the brands Camping World and Good Sam. Its operates through the following segments: Consumer Services & Plans and Retail. The Consumer Services & Plans segment offers services such as emergency roadside assistance, property and casualty insurance programs, travel assist programs, extended vehicle service contracts, co-branded credit cards, vehicle financing and refinancing, club memberships, and publications and directories. The Retail segment offers products such as new vehicles, used vehicles, parts and service, including RV accessories, and supplies, as well as finance and insurance. The company was founded in 1966 and is headquartered in Lincolnshire, IL.
$CWH Camping World needs "THE PROFIT lemonis" not CNBC.It has been quite a fall from grace for the company Owned and run by Marcus Lemonis, while he has been fixing other businesses on the hit show "The Profit" his investors have had to take major losses on their investments in CWH. It maybe time for a turnaround in the stock price and this week has seen a injection of confidence by Abrams Capital Management purchasing $5.6 mil of stock. The chart could be a possible ADCDE formation or the beginning of a 3rd impulse wave. We will be looking for a break above $15.50 for along entry.
