TOAST - H&S Breakout?Looks ready for liftoff. 3D char shows accumulation. Breakout likely here.
Long with S/L 20
TOST trade ideas
TOSTkeep an eye on this over next few days, if doesnt break support look for it to rise and potential breakout
Toast has still some heat Base forming, Potential for a upside swing.
Can't find any catalysts beside volume pick up.
For me it is a technical play.
1st PT 19.35
Max PT 20.85
ST 17.35 but observe around 17.50
My entry 18.10 on 22/11/2022
$TOST for the bulls!(1) We’ve got a golden cross (2) there was a more than 50% surprise in earnings and a decent surprise in revenue (we know earnings is more important though) (3) the stochastic indicates that price is undervalued as well as that downwards momentum is low, (4) and looks like a double bottom of support! We’ll see what happens.
TOST - potential golden cross & inverse H&SDespite the volatility, TOST is still showing superior relative strength to the market, now trading 66% above it's June's low of $12.
A golden cross (50day MA crossing above it's 200day MA) might be happening soon, plus it is also trading close to the neckline of now a more apparent inverse Head & Shoulders Base.
Perhaps these are signs that earnings (expected on 3 Nov) could surprise to the upside. Let's see!
p/s still a very volatile market. trade at own risk.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
TOST - uptrend underway TOST broke out of an Adam & Eve bottom formation on 10 Aug and has since been rather choppy, retesting the neckline support twice.
However, this stock is showing strength relative to the overall market, having already almost doubled from it's May's low @ 12.00.
It is in early days yet, expect some choppiness due to the overall market uncertainties but as long as each pullback is minor (not more than 50% fib retracement of each mini swing up, worst case 61.8% retracement), then it's ok to sit tight (but raise your stops up to just below each pivot).
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
US Stock In Play: $TOST$TOST - Tech | Software Infra (another tech as the sector is leading in 1&3 mths RS)
traded out of a 6mths bullish falling wedge to rising 10/20 MAs and RS. pre-Fri's ER posted strongest ever quarterly sales. Fri traded as much as +19% intraday
ATH VWAP is a key pivot level now
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Toast, Inc.Toast, Inc. is a cloud-based restaurant software company based in Boston, Massachusetts. The company provides a restaurant management and point of sale system built on the Android operating system. Toast was founded in Cambridge,
How Low Can Recent IPO Toast (NYSE: $TOST) Go❓Toast, Inc. operates a cloud-based technology platform for the restaurant industry in the United States and Ireland. It offers Toast Point of Sale (POS), a hardware product; Toast Order & Pay, which allows guests to order and pay from their mobile devices; Toast Flex that is used for on-counter order and pay, as well as used as a server station, guest kiosk, kitchen display system, or order fulfillment station; Toast Go, a handheld POS device that enhances the table turn times through tableside ordering and payment acceptance; and Toast Tap, a card reader that supports NFC, EMV, and MSR payments. The company also provides kitchen display system software that connects the front of the house with the kitchen staff; multi-location management software, which allows customers to manage and standardize their operations and configure menus; xtraCHEF by Toast, a restaurant-specific invoice management software; and Toast Flex for Kitchen, a larger format mountable piece of hardware that can be used as a kitchen screen. In addition, it offers Toast Online Ordering & Toast TakeOut app, a software that connects online channels, point of sale, menu management, and kitchen operations in real-time; First-Party Delivery services for restaurants to manage a fleet of drivers, and customize delivery hours, zones, fees, and minimum ticket sizes; Toast Delivery Services, which enables restaurants to utilize a partner network of delivery drivers; and Toast Delivery Partners services. Further, the company provides loyalty programs and branded gifts; payroll and team management products; business owner policy insurance and restaurant-specific add-ons; payment processing solutions; loans advanced to restaurants; purchase financing; reporting and analytics solutions; Toast Partner Connect that allows customers to discover, select, and connect their restaurant to its partners; and bi-directional APIs. The company was incorporated in 2011 and is headquartered in Boston, Massachusetts.
$TOST Interesting IPO SetupInteresting IPO in the Restaurant technology space. Been watching it for a bit
3 attempts last week to rally intraday & finding sellers closing in shooting star candles
3 wicks to play against
Orange bars is what I'd like to see happen next week. if so, I'll be very interested
