$ANGO Earning Breakout??A potential breakout is possible before the earnings report. A strong breakout is anticipated.
ANGO trade ideas
AngioDynamics Buy TF D1 TP = 12.37On the daily chart, the trend started on May 1 (linear regression channel).
There is a high probability of profit. Possible take profit level is 12.37
But do not forget about the SL = 8.07
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good Luck!
Regards, WeBelieveInTrading
Have you seen a more sideways chart? ANGOHorribly sideways chart
Curve shows how the price is evolving, which once finished could change the course of the choppy sidewayness
Probably the most sideways chart i have seen
Earnings coming up.
Moving Average/Support/Resistance ExampleHere's a great example on how you can use a moving average to watch for trend reversals and to trigger trades in case you don't like drawing a lot of lines on your chart.
In this example, when the 50 Moving Average (MA) crossed the 200MA in May 2019, it signaled a bearish reversal (known as a bearish cross). Later, in November 2020, it crossed again signaling a bullish cross and an uptrend. If you had shorted the stock, you would've gotten around 60% gain.
Now, if I was in this trade right now, it's near a recent high and just poked over a global (weekly chart) resistance line, so if it fails to stay on top of that, instead of turning into support for a continued uptrend, it may stay as a resistance level and begin a downtrend. Watch for consolidation at it's current level and be ready to change your strategy.
Interday Short- Great ReversalShorting ANGO 3/4/2019
Entry: 23.24$ at 15:53 NY Time.
Stop Size: 0.19$
Result: R/R 1:2
Trade Idea:
Interday Reversal strategy (Powerful stock in the interday, "Healthy"
Fibonacci Retracement, Price Retracing to a resistance level, Candlestick pattern Trigger).
Tools: VWAP, EMA20, Pivot Points.
Trigger: Dark Cloud Cover Candlestick pattern on the VWAP.
Planning:
R/R Calculation: Almost 1$ Range to the low of the day, 0.19$ Stop
Potential R/R is 1:5
First Target at 1:2
Second Target: Progress Stop loss on top of every 5 minutes candle
Result: Reached 1:2 First Target, Stopped out on the first 5 minutes candle (22.99$)
ANOG: Small/Medium CFO/CEO- If They Buy, Might Want To Buy??Published on July 24, 2017 at 2:32 pm by TIM FREDERICK in Insider Trading,Market Movers,News
Two insiders at AngioDynamics, Inc. (NASDAQ:ANOG), including President and CEO James C. Clemmer, have bought shares of the company in the past week following a bout of weakness. Mr. Clemmer purchased 25,000 shares in total through transactions made on July 20 and 21, lifting his ownership stake to 91,683 shares. Meanwhile, Independent Chairman of the Board Howard W. Donnelly purchased 5,000 shares on July 21, lifting his ownership position to 47,600 shares.
The purchases are particularly notable given the fact that they’re the first made by executives of the company in more than three years. And it’s not as if shares were flying high during that time, which could otherwise have explained the lack of buying; shares of AngioDynamics, Inc. (NASDAQ:ANGO) tanked by over 40% in 2015, yet insiders kept their purse strings cinched. The purchases by the CEO are also the first since he took the reins of the company last April, while Mr. Donnelly’s purchase was his first in eight years.
In my opinion INSIDER SELLING STOCKS, I would consider jump on with them unless technical and fundamentals support this, why? because there are several reasons why people sell stocks, buy their is only ONE reason why CEO/CFO would by stocks.... because they expect it to go up in not distance future.
Just something to think about: You might want to google: Insider trading websites and follow them, because when major insiders are buying especially out of the clear BLUE, must be a big REASON.
