Swing Long for DuluthPenny stocks aren't usually my style, but I'm feeling rather burly about this setup. Free-swinging longs and free-swinging flannel!
DLTH trade ideas
$DLTH hide the possible turnaroundNASDAQ:DLTH is a commercial website and company aimed to deliver a good quality wear for segment of customers. Shows a stable results during a year. Last year have a period of recession, but if you listen about the approach and vision of head of their team you can see a clear getting of the future ad strategy of the company development.
Indicators show, that it's shares can be used as an instrument to increase the weight of the wallet of investor 5 times more during the one-year period of time.
NASDAQ:DLTH ::5->31-36::500%::1 year.
Does not constitute a recommendation
#investing #stocks #idea #forecast #furoreggs
$DLTH is a butterflybutterfly harmonic pattern:
AB=0.78 XA
BC=0.38 AB=$8.6
tp1=1.6 BC=$28
tp2=2.24 BC=$44
tp3=1.27 XA=$49
DLTH - on the edgeCould be a reversal point with high caution. $11.23. would be my stop loss. This asset is at previous resistance , may turn into support and reverse. I would consider this an entry with a tight stop on the daily low of this past week. RSI seems to have seller exhaustion on all significant time frames except the weekly. We are far below the ichimoku cloud further than ever for this assets history and also below the 200 moving average .
Pros.******
RSI exhaustion
below moving avgs
mild bullish divergence
multiple time frames
and a td sequential 9->13 on daily
heading into xmas retail season.
Cons***
weekly td sequential 6
inside a downs sloping channel
inside potential bearish gartley.
DLTH Hidden Bullish Divergence Not withstanding the unknown ..... The 4 hour chart shows hidden bullish divergence and the most recent candle is positioned safely above a green ichimoku cloud .
Please comment with any information to improve analysis. Thanks.
BUY to DULUTH HOLDINGSHello people, DULUTH HOLDINGS is in a bullish configuration with a hammer buying candle and a large volume of buying in the session. It is located on strong trend support that it wants to leave, we notice on the TIMEFRAME 5 1 MINUTE a bullish continuation. Great possibility of breaking out the consolidation zone, to arrive on the next zone and reach the last previous high of this one. No buying force to fill the bullish gap afterwards.
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Duluth Holdings - great clothing, good marketing, long setupI've been waiting for my targets for a while.
Breakout just happenedDuluth Holdings keeps scaling up, investors do no longer ignore it and buy in before earnings!
Company's retail sales growth is soaring and solid gross margins will be maintained.
Gap and Go DLTHDLTH had good earnings, gapped up and his holding this would be a buy point with a stop in gap lower then follow up should continue, if retrace weak gap
DLTHWith the new commercials this stock may get traction on their jeans...I would wait for the earnings but this has been a good channeling stock for a short time and breakout...if starts to move higher could lead to a nice little run, it has lower shares traded so caution used.
