YETI looking for a long on a bounce form supportNotes on the chart say everything... Let's see what happens. (I am long YETI from $21ish)
YETI trade ideas
YETI is interesting for a continuation
YETI is interesting for a continuation
Yeti Holdings – designs and markets products for the leisure market in the U.S (fishing products, camping and more).
last week, Last week its price jumped after the company reported a 19% increase in sales in the fourth quarter.
YETI is in a very positive momentum… for follow-up.
we can wait for the correction and plan an entrance over 24
not a recommendation...
insights are always welcome, goodluck.
$YETI Overbought - Bearish Options Activity$YETI Deep into overbought territory now on the daily chart. Expecting some retracement in the very near term.
Bearish options activity today with 3k $25.00 strike May put options traded vs OI of about 300 for total premium of $1M.
Near term price target - $21.50 by March (~10% downside from today's close)
Note: informational analysis, not investment advice.
YETI: Gap trading opportunity to go shortEntering short positions with stop losses at ATH. Target: $18.
Appears we got a reaction at the 1.618 extension, creating the opportunity to reverse and fill the break away gap. Unless a completely new bullish trend is to be established, YETI will want to return to the downwards channel (or at least to the trend of that channel). Although the company probably won't flood the market with outstanding shares on 4/23, this might serve as a sort of gravity for the stock. Also... check this out... the gap was created around $18.80... just above the IPO price. RSI indicates a buying opportunity and Stoich appears to be crossing over. Divergences are clearer on the 30 min.
Good to hold for the holidays Yeti is a great stock on an upward trajectory. Good one to hold for the holidays as they make great gifts, both stocking stuffers and their high end coolers
YETI ShortYETI is a short-sell for several reasons, but most notably, because they are an over-valued one-trick pony.
If you look at the chart of other one-trick pony's - GoPro would be a good comparison - you will find a similar story. Long-term downtrend expected once YETI "cools off" from the IPO hype.
