Get started
Vera Bradley, Inc.VV

Vera Bradley, Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

VRA trade ideas

Price action & Psychology - Resistance, consolid., continuationHello ! Key points : Resistance broken on high volume and wide range candles Consolidation phase and support hold Huge price rejection on the hourly + high volume Relative strength (compared to today's market conditions) I've left some charting from the previous trade on this analysis, to get a context. On the previous analysis, we said that basically, what happens after an "ABCD" pattern, is that the "D" makes a new low (depending on what chart you're looking at it must not be an all-time low). So we're entering a new trend. As we know, stocks nearly always move in waves (higher highs, higher lows when uptrending, reverse for downtrending). What happens here, is that the stock needs some room to "breathe" before resuming the trend. Some people are taking profits (like I did yesterday), others are joining the party, while others wait on the sidelines. BUT , there's still a "healthy" balance between the different actors, otherwise, if the conviction was gone or there would have been enough sellers to absorb the buy orders, the stock would have reversed right away. The 2 reasons for a stock price (or any other security) to go up (reverse for down) Fundamentally, there are 2 reasons : There are not enough sellers to absorb buy orders (buyers > sellers) Traders/investors think that the stock is cheap (they have the belief that the stock will go up in the future, i.e. the conviction) ***Disclaimer : This is not an advice to buy the stock. Please, be aware that trading is a matter of probabilities, it takes only ONE trader to deny your trade.*** Thanks for reading and if you have suggestions or wanna discuss the idea, just leave a comment, I'll be happy to answer.
NLong
by UnknownUnicorn6734025
Price action & Psychology - ABCD Pattern, what's next ?Hello ! Key points : New trend starting after ABCD pattern First pullback occuring on 50% retracement Volume on uptrend is higher than downtrend Consolidation taking place ABCD Pattern This isn't a quite regular ABCD pattern, even though the time between AB and CD is almost equal (or near). What I look for when trading this pattern, is either the pattern himself (buying the "D", or the "new low") or what happens after it. In most cases the "D" from the pattern marks the start of a new trend. Volume & first pullback You can see that the volume that made the stock go up (from the "D") is way higher than the volume that formed the pullback. Some traders toke profits while others sold for a losing trade because they bought too late (greed). Consolidation Recognize a consolidation : 1) Narrow range 2) Low volume 3) Support zone ***Disclaimer : This is not an advice to buy the stock.*** Thanks for reading and if you have suggestions or wanna discuss the idea, just leave a comment, I'll be happy to answer.
NLong
by UnknownUnicorn6734025
$VRA Golden Cross in Vera Bradley Entry level $11.80 = Target price $13.25 = Stop loss $11.45 Golden cross buy signal complete. Indicators all bullish. Long term channel well respected, next move to the top. Short interest 8%. Company profile Vera Bradley, Inc. designs, produces, markets and retails accessories for women. Its products include handbags, accessories and travel and leisure items. The company operates through two segments: Direct and Indirect. The Direct segment consists of the sales of Vera Bradley products through full-price and outlet stores. The Indirect segment handles the sales of Vera Bradley products to specialty retailers, which are located in the United States. It also offers accessories, which includes wallets, wristlets, eyeglass cases, cosmetics cases, and paper and gift products. The company was founded by Barbara Bradley Baekgaard and Patricia R. Miller in 1982 and is headquartered in Roanoke, IN.
NLong
by Bullishcharts
3
$VRA Vera Bradley trade setupEntry level $11.50 = Target price $12.39 = Stop loss $11.25 8.78 % short interest. 24.40 P/E ratio Company profile Vera Bradley, Inc. designs, produces, markets and retails accessories for women. Its products include handbags, accessories and travel and leisure items. The company operates through two segments: Direct and Indirect. The Direct segment consists of the sales of Vera Bradley products through full-price and outlet stores. The Indirect segment handles the sales of Vera Bradley products to specialty retailers, which are located in the United States. It also offers accessories, which includes wallets, wristlets, eyeglass cases, cosmetics cases, and paper and gift products. The company was founded by Barbara Bradley Baekgaard and Patricia R. Miller in 1982 and is headquartered in Roanoke, IN.
NLong
by Bullishcharts