ACI trade ideas
ACI Long Love ACI Recently IPO'ed in july 2020, looking for price to break major resistance past $20 and create newer highs, fundamentals look good as well.
Took some cheap $12.5 CALLS going out to 4/16/2021 here. Pd $2.7Looking to hold through earnings on 1/19/2021.
$ACI bounced off support near neckline. Two targets if holds$ACI bounced off support near neckline. Two targets if holds.
Albertson's as a consumer defensive playNot only is ACI undervalued, trading at a 9.5x P/E ratio, but its technical indicators also point to an uptrend. The 50-day MA broke through the 200-day MA recently, followed by the 100-day breaking through the 200-day MA indicating there is positive momentum.
Relatively cheap stock, good company, gives you exposure to grocery stores and other essential goods that have done extremely well throughout this pandemic which is far from over yet. Life should stay like this until the 3rd quarter of 2021 when vaccines have been distributed enough. This bodes well for Albertson's. Go long ACI as a consumer defensive play. While you wait for you to trade through this channel of trend lines, you will receive a 2.4% dividend.
Long on ACIFundamentals give us range of $15-20 target price.
After IPO ACI demonstared declining trend, it was stopped at 13 - very strong level and now within triangle, i suppose exit to target price range.
Albertsons long term playHow could you go wrong with a major grocery store chain in times like these? I think it's undervalued compared to Kroger. I've been dollar-cost averaging every week. Major break of downtrend.
Potential break out of overhead resistance. We'll find out tomorrow if we continue higher. Looking to take profits around 14.45
I like ACI long term as well but will take profits and look for a re entry later.
ACI Technnical/Price action AnalysisIt is difficult to analyze a paper if there is no history on it. It has no bottom. It will be when there is a strong buyer who will drag it, thereby forming a new bottom and drawing history.This is just my guess as to how it will behave in the market. This paper moves with the market, it correlates with it, if the market falls, then it will go down accordingly.
My analysis/assumption for that stock.
Please give your rating if you think this move makes sense.
Everyone is at home cooking!Respecting weekly support.
Trade idea. Oct 18 15 calls @ .60. SL below weekly support ~13.50
Visit supermarkets more often is a long-term positive trendShow Me the Money! 10 July, 2020, by Vladimir Rojankovski, Chief Analyst, Grand Capital
An ongoing change in eating and shopping habits is causing consumers to visit supermarkets more often, which is a trend that benefits many retailer stocks, of which perhaps the cheapest one is Albertsons.
Rising number of coronavirus cases and reversal in certain states' reopening plans should cause the trend to continue for the next few quarters, benefiting Albertsons due to its wide geographic exposure.
The company’s IPO was carried out at $16 per share, below the planned range between $18 to $20. Accordingly, at the current price below $15, due to the price slide cause by, as we believe, by nothing more than a resolvable conflict of interests, ACI is trading below its already reduced IPO price, and it’s P/E of slightly more than 3.5 stands out of the double-digit P/Es of Walmart Company, Costco and the likes.
@ACI - BUY Albertson - New Listing at Stock NYSEAnnounce their EPS USD 0.97
Main Core :
Retail trade - Food Retail
Market Capitalized : USD 4.363B
Coal is what really powers a plug in electric Hybrid car...Arch Coal based nicely from July 2013 to April 2014 and then pulled back 30%... I think it's almost time for a long black train to comeback into the station. If natural gas has any price or supply issues this winter coal will roar back. It's that time of year to start thinking about winter which is a few months away. Coal is still hated but needed and will not go away for a very very long time....Reality is COAL is what turns on the lights, cools and heats our homes and charges those plug in Hybrid cars ....GL
Arch Coal needs some mojo into next weekArch coal will need some momentum into to next week or it's more of the same old bucket of coal we've seen in the last year. MET coal has been moving up but not thermal coal for some reason. Below is an example of how an indicator showing an overbought Stochastic but not a RSI can crush price. I do feel coal although not loved its very needed. It will be many years until we see where coal is kicked to the trash pile. If you have any feedback let me know.. GL
Using cash equivalents to determine if the company is a buy The cash flows of the company to me are just really inexpensive right now. 2.99 per share times 100.
That equals out to 299 dollars before the bid/ask and commissions. Thats $299 to own a piece of a 740 million dollar
cash flow.
Yes i know this has the making of a penny stock scheme, however this company has been around since 1998 for atleast on this chart showing that it can back everything up with financial statements mandated by the sec while being audited by federal law.
I just can not see the company tanking with a 740 million cash flow at the end of the year, it finally became stable again 2 years ago with the cash flow peaking over a billion and went to around 740 million.
Am i saying is this a buy and hold of course not, all im saying is this company has the chance to regain its true value.
In my opinion this stock should be valued higher then what the companies all time high was. For instance the cash flow was alot lower compared to now.
Yes you can say total debt increased, however the inflow of cash increased as well. 2 times of what the cash flow was at the peak of the companies value.
$299? in my opinion its totally worth the risk.
(Little river pointed this stock out yesterday on a publish, and i wanted to look at the cash flow of the company.)
Arch Coal back to Base CampArch coal is getting a little lift here today as it reports earnings . It could not be more timely as price nears an all time low. For supply and demand technicians, this will be one to watch.
In the last decade RSI being overbought tells a story? Will ACI pivot here? The weekly chart and RSI history of this coal stock could be interesting at this juncture? Buy or pass here?
