0J3K trade ideas
$HAS - watching for pullback, hold til FebLooking over the past few years, $HAS stock grows significantly in January.
Watching for Dec pull back for entry to get in and hold for a few months.
HASBRO Strategy Hey my friends, HASBRO is in a fake bearish setup with bull shadow and high volume at the end of the session. In the 1 Min TIMEFRAME we make a bull shadow on a strong resistance and it goes to its next low point, which is in a bullish gap. And come back on its big potential rise to break the VWAP in force, then breakout the range to land in a new zone. She will want to look for the last high precedent which is a strong support, several supports to go through thereafter. And if the buyers are back, we can reach the top of the area which is an important support See the 4H.
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$HAS long term callsAs America reopens again, parents will bring their kids out more and more toys via the monopoly of kids toys w/ Nerf Guns, Monopoly, and a wide array of historic US board games, modern kids games that I'm too old to know about, and their ongoing prowess of innovating and adapting. $HASBRO looks like a great risk/reward opportunity in both common shares and the options market whatever one feels more comfortable trading within.
I think 2021 should see incredible sales growth and it is a long term hold who knows where it will open money but I'll be watching and trying to give me analysis along the way.
Short HAS until 37s reached again due to 20 year channel break$37 on the dot seems to be a well defended level off 1998.
Probably will come back down to retest 37.
There is the 20 year channel break as well, should see continued selling. Leaning neutral to slightly bearish on the stock.
I'd consider going long at $37.
$HAS PUT SCALPS$HAS is half way thru an evening star pattern on the daily, and by the looks of the volume… seems it wants to keep falling, completing the pattern…
Zooming in the 30M chart, $HAS closed on a red candlestick with plenty of volume to end the day, while also closing below the 8MA(green line) & 21MA(yellow line) AND near/testing on intraday support (refer to the 5M chart). MACD also just crossed down in the same 30M timeframe chart.
If that's not convincing enough, there is a bearish h formation on the 15M chart, which i plan to ride the downside @ the continuation past the break of the h pattern.
New MomentumAfter the sideward range which has followed the gap down we are gaining another momentum now signalized by the red candle.
HASBRO at S1 pivot. 40% downHasbro stock potential stops taken. Constantly makig profits and currently valueted as in 2015. Almost 40% from ATH and sitting on yearly S1 pivot. #has #stock #sp500 #trading
BUY HAS @ 98.8 take +16%, stop -3%Hasbro is a big toy company, one of the largest in the world. Today is New York Toy Fair (21.02.2020) this may impact positively 1st quater of 2020 for HAS.
The price on it's lows after weak earnings report, and it seems to me very pretty!
Buy @ 98.8
Take @ 115.0 (+16%)
Stop @ 95.0 (-3%)
Close stop, long run! It may take a few months to get to the take, be patient.
Low RSI. The stock price has crossed below the lower Bollinger Band, which gives us a buy signal.
Lower support line @ 96.7 (D).
$HAS - 2.11.2020Crushed EPS on small rev miss.
Support 102, 104 - Resistance: 108.5, 120 - Inflection: 106
HAS BEARISH FLAGSellers have come into play on weekly after retracement on big bearish impulse move which has broken the trend for continuation to downside
Hasbro long position opportunityAs always using support and resistance levels. Already have 3 positions opened at a lower price and just want to share with you folks my estimations about price moves.
Great BuyTrend analysis:
monthly - up
weekly - up
daily - down
hourly - down
Price is arriving at a monthly support zone.
The current price drop is a correction
Wait for bullish reversal on an hourly chart and it can be a long-term buy.
From ‘10-Q’ for 9/29/19, Tariff MentionsLooks like a great short
In addition, the segment recorded higher shipping and warehousing expenses as a result of implemented and proposed tariffs on U.S. products.
For the third quarter of 2019, the Company's selling, distribution and administration expenses increased to $275.4 million, or 17.5% of net revenues, from $272.4 million, or 17.4% of net revenues, for the third quarter of 2018. The increase in selling, distribution and administration expenses was driven by higher shipping and warehousing costs in the third quarter of 2019 as a result of implemented and proposed tariffs on its products in the U.S. which resulted in shifting orders from import to domestic delivery. In addition, the Company incurred higher selling and administrative costs in support of the Company’s Wizards of the Coast business. These increases were partially offset by lower spending due to the Company’s cost-reduction efforts in 2019.
Inventories decreased 4% to $589.1 million at September 29, 2019 from $610.9 million at September 30, 2018. Absent the $15.1 million impact of foreign currency translation, inventories would have decreased 1%. The decrease at September 29, 2019 reflects improved inventory management initiatives implemented across the Company's international markets offset by higher inventory levels held in the U.S as a result of the proposed U.S. tariffs.
The Company's actual results or experience may differ materially from those expected or anticipated in the forward-looking statements. Factors which may impact these forward-looking statements are included in our Annual Report. In furtherance, and not in limitation, of the more detailed discussion set forth in the Annual Report, specific factors that might cause such a difference include, but are not limited to:
concentration of manufacturing of the substantial majority of the Company's products by third party vendors in the People's Republic of China and the associated impact to the Company of social, economic or public health conditions and other factors affecting China, the movement of people and products into and out of China, the cost of producing products in China and the cost of exporting them to the Company's other markets or affecting the exchange rates for the Chinese Renminbi, including, without limitation, the potential application of tariffs or other trade restrictions to some or all of the goods manufactured for the Company in China and exported to other markets, which could significantly increase the price of the Company’s products and substantially harm sales if applied to any significant amount of the Company’s products;
the application of tariffs and other trade restrictions impacting the cost of producing our products and importing them into markets around the world for sale, which could significantly increase the price of the Company’s products and substantially harm sales , including, without limitation, through the elimination of direct import orders where our customers take ownership of products at ports near the source of supply, and the shift to domestic orders, which require us to ship the products to the market, import them and warehouse them, thus raising costs to us, delaying the time of sale, and resulting in the potential loss of some orders entirely due to lack of timely supply or other matters;
HAS up to resistanceI set this up last week. It still hasn't triggered, but it looks like it's about to. Stop under the EMA's. Target right at resistance.
HAS breakthrough resistancePull back to new support for entry. Price above EMAs. EMAs all moving north. Stop under previous weeks' candle. Has room to run for a 2R trade.
