SONO - Low Market Cap, Fantastic CompanyCategory leader in what they do.
Access to A/V for high-end households.
Market Cap of < $4B.
Potential undervaluation here.
SONO trade ideas
Long | SONONASDAQ:SONO
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%
Sonos probably going to pullbackI'm going to taking profits going into Friday. NOTHING has changed in my long term outlook, but looking at the sequential and candle formation i think this stock is due for a pullback to the .618 level (around 21.50). This would be a great time to buy.
SONO Bullish Trade Setup Looking to establish June 30 Call as SONO is breaking higher. The company might be an acquisition target and contender to exiting players like Apple.
retest 21 before more upsideI think we get a retest of the 21 area before anymore upside. Looking for a small correction over the next week or two. I still like this long term, will be a good place to buy.
SONO to break out after powerful earnings$SONO had a huge gap after earnings and consolidated afterwards. It's in an almost perfect pennant on decreasing volume. Expect it to break out and make new highs.
be carefulbig monthly resistance, if you arent in wait for the breakout. thats a huge monthly candle breakout. congrats if you got in before it really started running
SONO EarningsSmall earnings play for kicks and giggles, I bet this drops again. Went with Dec puts to be safe.
Option Play: SONOStock is building massive momentum into earnings tomorrow - Keep in mind what kind of stock this is. They focus primarily on “at home” multi-room music systems. Where has everyone been the last 8 months?? I imagine a massive beat that gaps the stock near or above previous IPO highs. This is pure speculation. I will be playing the 12/18 20c’s. Good luck if you play!!
$SONO UpThis had a nice day setting up for an uptrend. Closed above 10 day EMA. Gain was less than ATR. Other indicators pointing up. Enjoy
I believe it creates another trading channelTrend still bullish, i believe $SONO carving out another trading channel
SONOS INC ANCORA BEARDopo glie Earnings di tutto il DOW Sonos si ritrova con u importante rottura di un trendline in ballo dalla ripresa POST COVID.
La nostra view sul titolo rimane ribassista fino ai livelli indicati, ottime opportunità sul daily per provare a prendere un ritracciamento su questa rottura di super trend.
Operazione comunque con r/R a nostro vantaggio con stop sopra il cambio di super trend per non farci andare a scattare in caso di falso segnale.
$SONO Post earnings Bullish Reversal setup in Sonos
Huge post earnings decline may have brought some new investors that missed out on the initial rally.
Potential resistance @ 50ma & gap fill resistance
$SONO Sonos Earnings Analysis
SONO Currently sits under the Fibonacci Golden Pocket as earnings approach.
The fact that this the IPO level also means that there is considerable supply of sellers,
whom have been waiting to get out of the stock.
Safest entry is above $18.00 or take the risk into earnings, that the home makeover
theme will bring a big beat.
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SONOSMight be a non profitable company that i would play. Shaping up for a back test of old resistance and go. Breakdown send it back to 11 area.
