BOO Short Sell (Circa 7-8%)BOO Short Sell based on equilateral triangle pattern within levels of resistance. Breakout will favour bearish. TP 37.45 based on previous resistance levels.Shortby TomShakey4
Boohoo longPossible double bottom formed. Wait for confirmation before going in. What are your thoughts?Longby CryptoBrownies3
Boohoo BuyI mainly invest in ETF stocks and crypto for long term. Christmas is coming, this looks like a good buy for the medium and long term. I don't think it will hit go further than the long term support line, it could the trend line a bit, the uptrend looks good. What are your thoughts? by tradewithhansley0
BOO - Long term investmentTesting anchored VWAP from inception Volume profile zone of support (for now) AVDP indicating accumulation (10m data) Lowest price to sales ratio ever First scale in here at the anchored VWAP. I anticipate a possible flush under 130.Longby barnabygraham551
💡$BOO (LSE) 🛍️MASSIVE triangle breakout💰+18%🏌️♂️📚Boohoo is an online fashion retailer based in the UK. In addition to owning its own private label brand with over 36,000 products, it also owns a number of household-names in British retail, such as Burtons and Debenhams. More importantly, Boohoo also owns boohooMAN, PrettyLittleThing, Nasty Gal and MissPap, all targeted at 16–35 year olds, all of which are very popular. Boohoos share price fell 46% in July 2020 after an investigation into malpractice at some of its factories. During the 2020 COVID-19 pandemic Boohoo was reported to have turned a greater profit than in the previous fiscal year. Euronews Living reported at the time that "Where you would normally find summer dresses, chunky heels and bikinis ahead of the summer holiday period, you’ll now see slippers, tracksuit bottoms, and chunky knitwear”, benefiting from the working from home trends and lockdowns. Boohoo has benefited from its online presence unlike Primark, another ‘fast fashion’ highstreet retailer, who has £1.5 billion worth of clothes stockpiled. In the recent trading update released in January, revenue for the four months ended 31 December 2020 grew by 40% year-over-year to £660.8m. Growth has been strong in all the regions the company is operating in - UK revenue grew by 40% year-over-year to £357.2m. It is worth mentioning The UK government is also planning to implement a 2% online sales tax on e-commerce sellers and marketplaces which could have a negative impact on Boohoo. Another wary note, evidence is emerging that shopper sentiment is waning significantly, as analyst Howard Archer of EY Club notes - retail sales volumes fell 8.2% month-on-month in January, essentially double the 4.0% m/m drop in November 📈Boohoo has recently broken out of a massive triangle pattern that has been forming over the past 9 months. Price has broken out to the upside, with some large wick retests of the resistance line over past few trading sessions. There is some resistance at the 374p level. The orange price path shows a bullish price movement without a rest of the 374p level. The blue price path on the other hand shows a breakout with a retest of the 374p level, where this resistance turns into support where price continues to the upside. 🔎This is not financial advice. Always do your own research and due diligence. Always wait for directional confirmation before entering a trade. LSE:BOOLongby zvissss220
BOO Buy & Holds-UK StockBOO Buy & Holds-UK Stock For long term A Profit & Solutions Strategy by Sunstorminvest0
Bounce off bottom of upward channel - good buying opp.Undervalued UK growth stock down so much today on short-term resignation of auditor. Buying until it breaks down out of this upward channel, but there are no signs of that happening.Longby UnknownUnicorn101522900
Still no signal for reversalHowever, the price is below EMAS 100, 50 and 21 and possibly around 313 is new support.Longby Magic_Slon1
BOO - LONG Entry on BOOHOO- We can see two bullish pin bars (Green arrows) - Followed by a multiple inside bar formation - Initial entry triggered today on the breakout - We plan to add to the trade if the 200 day EMA is breachedLongby ICARUS_TRADINGUpdated 1
Breakout on BOONice long consolidation with higher lows followed by a valid breakoutLongby caveman140
Reviewing Daily Boohoo Chart - Long ExpectationGoing to watch this week for a slight pull back then bullish trend LSE:BOO . If not my expectation is consolidation/side move until earnings. (Unless more press impacts the company).Longby mnnnnb114
Boohoo Group BOO - down we come - great accuracy!Great accuracy here with BOO - look at the last 3 trades. Sell trade valid with out strategy, lets see how it plays out - all confluences lined up with the strategy - hard work is done in the coding, so its nice and simple to follow. Regards Darren Shortby pow_removetheguesswork9
BOOHOO UK - Looking really bearishThis does not take into consideration any fundamentals of the company Divergence is bearish on most time framesShortby avito1Updated 6
LON: BOO (Boohoo) SHORT H4Rising wedge, close beneath MAs, spikes, high volume then initial move down, double top or forming triple top, close beneath rectangular accumulation, late stage, fib retracement to 0.382 then see what is happening with price actionShortby bblueorchid0
Boohoo Looking Strong AgainLast post: See link below. Review: Price was stuck in a large period of consolidation and was not presenting any trading opportunities. Update: Price has now broken out of consolidation, which lasted over 2 years, and looks interesting again. Conclusion: We want the current support level to hold followed by a break of the previous high before we look for any long opportunities. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime TradingLongby Sublime_Trading6
Boohoo update double topBoohoo is UK fashion retailer worth around £580 million. Company is quite popular among group of 15-30 year old's, offering cheap clothes when people all looking for ways to save money. Business actually boomed thanks to 2008 crunch and a successful IPO getting from 21.4 per share in 2015 to 273.7 in 2017. Found support above 140. Now an uptrend recently shows price getting higher with buyers a little stronger than sellers. Yet resistance at 250 and fib level 78.6% very strong. Seems like a double top now with divergence, potential to short with great risk-reward. A long would only be considered if we close above 250. Good Luck!by Antonio_trader5