$DXYN can rise in the next daysContextual immersion trading strategy idea. The Dixie Group, Inc. manufactures, markets, and sells floorcovering products for residential and commercial applications in North America and internationally. The demand for shares of the company looks higher than the supply. This and other conditions can cause a rise in the share price in the next days. So I opened a long position from $1,31; stop-loss — $1,09. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!Longby KozakHlibUpdated 0
DXYN - Correction Complete - Bullish Momentum On Technicals The Dixie Group, Inc. engages in marketing, manufacturing and selling floorcovering products. The company operates through the following segments: Floorcovering. The Floorcovering segment comprising of two operating segments: Residential and Commercial. Its brands include fabrica, masland residential, dixie home, atlas carpet mills, and masland contract. The company was founded in 1920 and is headquartered in Dalton, GA. SHORT INTEREST 151.48K 09/13/19 P/E Current -1.02 P/E Ratio (with extraordinary items) -0.89 Average Recommendation: OVERWEIGHT Average Target Price: 5.00Longby DEXWireNewsPublished 11
The Dixie Group Announces Final Phase of Unification of AtlasDXYN: The Dixie Group, Inc. 2018-10-10 04:00:00 The Dixie Group Announces Final Phase of Unification of Atlas | Masland ContractLongby JetEquitiesPublished 2
Looking for a Dixie Group BottomThis is a textbook Elliot wave impulse move to the downside with clear alternation. We are clearly on a wave 5, however, I'm not quite sure if we have completed the wave yet. It appears to be close to popping out of the channel, which suggests sellers are drying, but usually wave 5 is equal to the length of wave 1, so I'm waiting to see what happens after earnings. If we do drop down to the buy box, it will be a solid buy to ride up to the 11 mark for a 38% retrace (then going down some more) We could have a good ER and we will see a pop, I might jump in depending on how much it pops. Lets see how this works out. I have no idea what this company does, nor do I care. I'm just reading a chart. Good luckby NathanaelPublished 3