QTWO - JULY 24 MATrend Sustainable MomentumMATrend Sustainable Momentum (Systematic) 🚀
This is a variant of the Unsustainable strategy. System identifies stocks (Tech sector) that follows the larger market regime's momentum of the day.
QTWO trade ideas
$QTWO Flat base Breakout?Here is another off the radar company that has the potential to double in price over the next year. Today it is peaking out over a most recent flat base. Since the most recent low on Oct 31st, this stock has rallied by over 30% and is hitting a 52-week high today as well. I do not know if it can get back to the all-time high of about $147.00 per share but I do think it can be a solid gainer.
I have opened a ¼ size position in this today as it is breaking out. I will place my stop just under today’s low of 36.98 which makes for a good risk reward as a trader. An investor who plans on holding a longer term (a year or more), a stop could be placed under the most recent higher low or maybe the large bar on Dec 1st. Either of those 2 areas would give a lot of breathing room. I, however, like a tighter stop and I am not opposed to getting stopped out and getting back in even at a higher price.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
From earningswhispers.com:
Q2 Holdings Beat Consensus Estimates
Wednesday, November 1, 2023, at 4:30 PM ET
Q2 Holdings (QTWO) reported a loss of $0.15 per share on revenue of $154.97 million for the third quarter ended September 2023. The consensus estimate was a loss of $0.17 per share on revenue of $155.44 million. The company beat consensus estimates by 11.76% while revenue grew 7.06% on a year-over-year basis.
The company said it expects fourth quarter revenue of $160.3 million to $163.3 million. The current consensus revenue estimate is $161.42 million for the quarter ending December 31, 2023.
Q2 Holdings Inc through its subsidiary is engaged in providing secure, cloud-based virtual banking solutions. Its software suite includes integrated modules for online banking, telephone banking, mobile banking, and core account management.
QTWO, REVERSAL APPROACHING!Hello fellow traders and investors, here's another trade idea.
QTWO has recently pulled back to the bottom of the ascending channel, if QTWO makes a recovery to the previous high it offers a 43% ROI.
Technicals:
The Macd indicates that it's oversold and now in an uptrend
The EMA's are close to crossing
The RSI is oversold
When To Buy:
When the EMA's crossover
When To Sell:
I recommend selling at its previous high
Fundamentals: QTWO engages in the provision of digital banking solutions. Its services offer security, advisory, web services, custom services, and end-user marketing solutions. QTWO has a forward P/E of 182.50 which is absurdly overvalued, a debt/equity of 0.87 which isn't very good, a sales growth Q/Q of 25.60%, an EPS growth Q/Q of -113% which is very bad, a profit margin of -34% and a short float of 9%. In general there fundamentals are quite bad and I personally don't feel comfortable buying any shares however if it meets your criteria feel free to add it to your watchlist.
Rating: 35/100 the technicals are good however the fundamentals are not good at all.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
$QTWO Q2 Holding Potential Momentum Breakout
Momentum stock trade.
Potential breakout to ATH if market can remain strong .
Indicators very strong
Alert set for break above $104.00
Potential short term target $110-111
QTWO - Q2E Inc - Downtrend!EN: The stock just hit his uptrend line, so likely back to $ 75 quickly, for a potential 7% yield.
FR: Le titre vient de frapper sa ligne supérieure de tendance haussière, donc retour probable à 75$ rapidement, pour un potentiel de 7% de rendement.
$QTWO breakout triggering, beauty of a weekly flag$QTWO breakout triggering, beauty of a weekly flag
Q2 on the starting blockPrice > 28,6 --> TP: 30.2
Price > 30.2 --> TP: 35
Price < 28,6 --> TP: 26,2
Price < 25,7 --> TP: 22
