FNKO trade ideas
🟢Doubled $FNKO Target 24.11 for 22.95% (Risk Level - Med)🟢 $FNKO Target 24.11 for 22.95% (Risk Level - Med)
Or next double position at 15.11
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
Numbers with an A are places that are a good idea to add if you can.
Numbers with a D are places where you should double your position.
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
NEW POSITION $FNKO Target 26.13 for 20.8% $FNKO Target 26.13 for 20.8%
Or double position at 17.13
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
$FNKO can rise in the next daysContextual immersion trading strategy idea.
Funko, Inc., a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in the United States, Europe, 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 $21,44;
stop-loss — $18,95.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Thanks for being with me!
FNKO: Bullish Flag, confirmed (48%)Bullish Flag, confirmed (48%)
Pros:
Pretty much filled 100% today!
Volume during post formation, some
Descending volume during Flag formation
Volume at break out
PPS above 50MA and 200MA
RS above 0 and ascending
ATR Ascending
R/R ratio above 7
ATR ascending
250RSI above 50 and ascending
Target:
PT = 25.02$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Always do your own due dilligence. This is not financial advice
Stay Humble, have fun, make money!
Education:
www.dailyfx.com
FUNKO FNKO Falling Wedge Breakout for NFT Play (HOT!)FNKO NFT play is looking good on the breakout. This is a nice falling wedge breakout with a nice retest on FIB levels. I collect Superplastic NFTs and I can see FNKO doing something similar but actually attach physical pieces. If they can pass the regulation hurdles then they will get a huge increase in revenue streams. As long as the IWM is on the uptrend, FNKO will shine.
FUNKO LONG CALL VERTICAL: high PoP (66%) and good ROI (30%)Look at that volume in uptrend!
Max profit: ......................................................... $113
Probability of Profit: .............................................66%
Profit Target relative to my Buying Power: ......30%
Max loss with my risk management: ...................~ $100
Buy Power: $387 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 13 (relative low)
Expiry: 58 days
Buy 1 FNKO May21' 10 Call
Sell 1 FNKO May21' 15 Call
Debit Call spread for 3.87db, because IVR is relative low.
Stop/my risk management : Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 100$. Probability of loss in this way: ~15% .
Take profit strategy: 60% of max.profit in this case with auto sell order at 4.55cr. Probability of profit this way: ~85%.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
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Here is my chart for FNKO very Bullish on this stock!What is Funko? is a pop culture consumer products company. It offers figures, plush, apparel, toys, vinyl, bags, wallets, homewares and accessories.
This could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
Current Quarter Estimates For FNKO
In the past 30 days, four estimates have gone higher for Funko while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from a loss of 2 cents a share 30 days ago, to earnings of 9 cents today.
The stock rallied Tuesday as traders circulated a story from Toy News International titled “Funko Looking To Cash In on the NFT Craze.”
Analysts BMO upgraded Funko from a under perform to a Market perform with a price of $16 (2021/03/17)
Analyst JPMorgon Chase upgraded Funko from a underweight to a neutral with a price of $20 (2021/03/15
Analyst Piper Sandler Raised the target with a price of $15 > $22 (2021/03/12)
Short-Term: The 5-minute chart above shows the stock is trading between key levels of $17.75 and the high of the day at $21.17
The daily chart shown above displays three potential key levels for the stock.
The price level near $20 has shown resistance previously and may potentially show resistance again in the future.
FNKO (NASDAQ) - GO uPGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
FNKO (NASDAQ) - GO uP
Correction to $8 before a run up to $16 following ERAttractive entry at $8 with a PT of $16. Lines up with $FNKO estimated fair value. Expect this to play out over the next 12-18 months as FNKO’s e-commerce / direct to consumer platform continues to mature + new.
I expect further value around 2022-2024 with the Marvels Phase 2.0 coupled with the (hopefully) return to steady blockbuster releases + PS5 games.
FNKO: Ascending Triangle, confirmed (42%)Ascending Triangle, confirmed (42%)
Pros:
Descending volume during formation
Volume at break out
PPS above 50MA and 200MA
R/R ratio above 6
200MA ascending
250RSI above 50
RS above 0 and ascending
ATR ascending
Target:
PT = 20.47$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Always do your own due dilligence. This is not financial advice.
Stay Humble, have fun, make money!
Education:
www.dailyfx.com
Pip Sandler research firm upgraded Funko's stockAnalyst Erinn Murphy from Pip Sandler research firm upgraded Funko's stock from Neutral to Overweight with a price target lifted from $6 to $12.
chat with the company's president, CFO and head of IR led to the firm switching to a bullish tone. Specifically, the management team expects to show modest growth in the U.S. business in the fourth quarter while gross margin concerns at other competitors aren't an issue at Funko.
Management is expected to release a "good amount" of new content for next year with a focus on recent hit content like "Queen's Gambit," "WandaVision," among others, the analyst wrote in a note.
More importantly, Piper Sandler's checks point to signs of success with the recent launch of Snapsies at 800 Target (NYSE: TGT) stores along with an expansion of board games and accelerated digital efforts.
finance.yahoo.com