GOOS trade ideas
My favorite for today $GOOS 5-29-2019 - ShortGood Morning, so my favorite stock today is NYSE:GOOS , this one is gapping down on earnings, so i will be looking for a Fade, if you look at the daily right now its sitting below all moving averages and it broke and important trend line, i short $GOOS if it brokes 40.36 level, of course i will wait for confirmation with a retest below the 40.36, i wish you all a green day!
Note: This is for educational purposes only, do your own Analisys.
GOOS - waiting for it to drop to $60 - Like the brand. Want to load up but it's overvalued even though it's a quality stock (like their quality jackets). Will load up at $60 and cost average down.
$GOOS Canada Goose $1000 jackets are not for everyone. No one can fault the product that GOOS produce but the pricing is somewhat expensive and a seasonal market. PETA (People for the ethical treatment of animals) have taken issue with GOOS for some time and this is not the kind of press and brand needs, in our ever increasing image conscious society, a tarnished brand is a tarnished jacket.
$GOOS - Which way is this going to break?From where I set this looks like a great set-up for a break either way... If it breaks down I can see the 1st target at around $49.75, then $46 and finally a retest at $40. If it breaks up: targets $58.49, $61 and then to test all time highs.
Feedback welcome!
$GOOS - waiting to buy on pullback to $54.71-$54.24. PT $59.21$GOOS was able to break out of the ascending triangle and stopped for a clean 1:1 fib extension to complete wave 3. We are currently in wave 4 and retracing to the $54.71 - $54.24 range. This is a great place to buy #GOOS. Interested in 3/8 $60 calls if this area holds as support.
GOOS multiple daily inside bars on watch GOOS with multiple daily inside bars and an hourly eq that broke bullish but bears smacked it down on big volume - a bit of a red flag. Let's see if the next resistances can break and if the bulls can do it on 250k shares in the first hour of trading
Take a gander at this GOOS bullish divergenceDon't worry, if the bounce doesn't get going tomorrow, I have plenty more goose puns left.
Swinging a position again for an oversold bounce, here's what I'm watching heading into tomorrow - green lights red flags, and everything in between.
Swing trade on goos after some short consolidationBounce off a key support with rising trend line as support
Getting GOOS-bumps from this upcoming bounceI'm watching Canada Goose for a bounce after being absolutely crushed today on its highest volume day ever. Hourly RSI fell in one straight shot from overbought to oversold, I have swung a small position and will add into weakness if things get more extreme tomorrow. I haven't fully identified profit targets yet but I do have a trendline I would look for price to eventually bounce back towards.
To get the bounce underway bulls will need to break three resistances in quick succession: 69.49, 69.56, and 69.71 - there's a clear zone of resistance here in the upper mid $69 range. A clear break of $70 on good volume would give the bulls some confidence.
I didn't mention this in the video, but one thing I will be watching for are bear flags...if we get weak bounces on low volume that don't move the price much but cool off hourly RSI levels I would look to exit my position for small profit and look for another setup to re-enter to play this bounce.
Canada Goose Inc For Sell ... Don't buy it. AS you seen in our chart .... Canada Goose Inc near to PZR for bat pattern . I advice to search for selling entry not buying entries.
GOOS with trailing stopsWrite sometning about your psyhology thinking before trade? very good , after the yesterday concert I am renuvabel
Describe the trade. What you see? there is a megaphone, the price is a little bit outside the megaphone but is gravestone doji so I expect that the price will rally to the resistance level at 73. I set target lower
What have I done well for this trade? excelent enter point and manageing the trade
I move the trailing stop according to toplogy of the stock and logicaly I was out at long red candle :)
dumb money buying the earnings reporttheres no way this is sustainable. Once people figure out its economically unfeasible to buy overpriced down jackets and boots during a recession, stock prices will tumble.
GOOS poised for upsideNYSE:GOOS
I think using FA, GOOS is definitely way overpriced and with uncertain prospects, but both TA and FA show positive in the coming short-run Q3 18 - Q4 18 period - price target of $10-$15 dollars upside.
A few FA forces are in place now:
Pre-Winter earnings Q3 18
NAFTA agreement (very unlikely for anything long-term to be strike without Canada
Continuing Chinese demand for the upcoming cycle
TA wise:
Inverse H&A seems to be fully formed for an upward breakout
RSI still within range, not oversold despite the upward movements over last two waves
MACD shows potential positive momentum
However, I also note a gap from the 2Q18 earnings boom, there is a risk of downward pressure up to $45 to fill the gap
Goos taking flight againAwesome price action after gap filled from prior ER. Added more at $47. Will continue to add on strength... Needs to break $68 barrier to confirm bullish pattern in long run.
