FLO - Falling Wedge PatternWe expect the price to break the resistance line soon.
Enter long position at the breakout with the volume surge.
Target is shown on the chart.
FLO trade ideas
I will be looking for small buys from bottomHello,
The stock chart is forming a bigger correction. I will be looking for small buys from the USD 24 areas.
Good luck
Flowers Foods losing calories. FLOWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
FLO Long Swing on Relative StrengthThis stock has fantastic relative volume but it looks like FLO might be losing it unless SPY returns bullish. Only problem with this ticker is the previous highs are steep temporary peaks. So if you see stacked big red bars, FLO might not be back for a year. If you enter you will have to monitor this every day.
Entry: $29.25
Exit: $30.25
Hammer candle Flowers Foods DailyHammer candle o spotted on Flowers Foods daily timeframe. Levels on chart
Flowers foods breaks out. Last week Flowers Foods broke out and looks to be heading to all time highs.
FLOWERS FOODS ChartHey traders,FLOWERS FOODS is in a fake bearish push large volume of sales made doji shaped candle. FLOWERS FOODS goes to the middle of his acceleration zone to turn around and break out of his balance zone. Great potential to go into decision areas and have a new high point and price.
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Flowers Foods Inc. (Weekly Chart) Flowers foods trading at 7.8% below its fair value. Earnings are forecast to grow 6.66% per year, earnings grew by 4.2% over the past year and pays a reliable dividend of 3.39%.
Potentially a good stock to hold for the long term. From a technical standpoint we are still well inside of the rising channel, yesterday we tested the 61.8% fib level taken from the highs of October 2015 and the lows of August 2016, after bouncing convincingly off of trendline support (blue line). Further upside is my call for this one, with a stop below trend line support at around 20.30s. Another attempt to go long could be taken at channel support if it holds.
Stock Flo Seasonality Stock Flo seasonality starts to Buy date on January 21 and ends Sell date on April 28
Percent Profitable is 76.19% in 20 years and an average return of 11% per year
$FLO Flower Foods gains premarket on earnings beat.Yesterdays earnings report hit the right notes with investors, the stock traded higher on a beat on both earnings and revenue, while also providing favorable guidance for the full year. Shares jumped 3.5% afterhours so we hope for continuation today, the stock completed a correction from April 18 high and is now approaching that level once again at $22.80. In the longer term our wave 3 target is approx $28.
Company Description
Flowers Foods, Inc. engages in the manufacture and sale of bakery products. It operates through the Direct-Store-Delivery (DSD) and Warehouse Delivery segments. The DSD segment produces fresh breads, buns, rolls, tortillas, and cakes sold by a network of independent distributors to retail and foodservice customers. The Warehouse Delivery segment offers snack cakes and frozen breads and rolls under the Mrs. Freshley's, Alpine Valley Bread, and European Bakers brands.
FLO bearish daily dojiBear trend, daily doji, crossing slow stochastic, bollinger bands overbought, high R:R up to 1:2.5
Risk 1% of capital for a 2.5% return, good luck
Watch what happens, pivotal moment, could go ether way FLOMost likely will use black and red as support to bounce up...
However if if breaches black and doesn't get stopped by red, might be a new change of direction
More than anything expecting a positive next week with some range searching. Take the gains, wait for pull back and go long again incrementally with the positive trend gets confirmed.
Oversold. Expected earnings was .31 per share-actual was .30 small miss- over reaction. RSI 21. good buying opportunity.
short Flo gearing up for a move hereExpecting a strong breakdown soon with nowhere left to go hopefully see some movement this week
Please also see linked chart for rest of analysis
If price breakup i may look for buy
Good luck
FLO - SHORT - MOTHLY UPTREND LINE BROKEWILL BE WATCHING FOR A SHORT HERE PRICE PUSHED THROUGH MONTHLY UPTREND LINE ON BIG VOLUME AND IS NOW CORRECTING UP BELOW THE TRENDLINE. WILL BE SHORTING ON A BREAK OF THE CORRECTION THE MORE UP WE GET THE BETTER REALLY. AIMING TO BOOK PROFITS AROUND THAT DEMAND ZONE BUT THERE IS A POSSIBLE RETURN TO THE MONTHLY 200MA TREND TP2.
FLO - Oversold and due for BounceFLO has pending litigation which has caused stock to fall to it's 120 period monthly moving average. Stock has not fallen below this for past 20 years, and I think should help it retrace about 23.6% of decline and fill the gap sitting there (around 17.5)
Unusual Option activity Volume in FLOW puts Unusual Option activity Volume in FLOW puts ahead of earnings AMC. about 5,126 Puts to 345 took the Oct 2016 $17.50 strike @ $1.20 working good so far follow the money.
