InvestEmi

InvestEmi Updated 

VIPS has been on an absolute tear since March lows, even more so since its Earnings dip in late October, and has followed a strong uptrend support (orange trend line) since mid November to date. The stock failed to test its ATHs (which dates back to April 2015, fyi), dropping steeply back and now beneath the multi-month uptrend support. This is worrying for a...

InvestEmi Updated 

I am really happy to see that what was looking like a Bearish Head & Shoulders pattern has been rejected on OCDO's longterm upwards trendline. The setup has drastically improved as we can now see an Ascending Triangle breakout set-up that will likely see this stock in for a slow, low volume grind back up to ATHs. 20- and 50-day moving averages have also improved...

InvestEmi Updated 

JD Sports PLC is attempting to breakout of a strong multi-month consolidation zone for the fourth time. Why this time is different: 1. RSI has slowly normalized, with our pop above resistance today sporting a ~50 RSI; 2. Higher volume than previous 'attempts'; 3. Brexit talks getting more positive by the day. Any trade deal will likely give this steam to pop to...

InvestEmi Updated 

Ocado has been experiencing a strong pullback on the negative patent litigation news, with what seems like a classic bearish head and shoulders pattern. The question here is whether the reversal has run out of steam as we try to break out of the multi month downtrend. Bullish scenario: further lockdowns and festive season online spending act as tailwinds to...

InvestEmi Updated 

FSLY is on the move, trading back to its previous accumulation range $80 - $85. If $85 holds today, and through the weekend, this is headed right back up to its 0.5 retracement @$98. It may take a while if we see low volume but it will get there relatively smoothly. Look for entry within the accumulation range, SL @$75.

InvestEmi Updated 

Quite a bearish setup, with bad China news on the headlines this morning, I see this stock pulling back to about 10$ demand zone. Not sure about the time horizons but on low volume it could be a red couple weeks on the way down. Thoughts? Stay safe (*This is not financial advice, for sake of discussion and illustrative purposes only*)

InvestEmi Updated 

Unilever has been trading within the local range created between previous earnings gap up and local high resistance for a few months now. I've been looking for an entry point to increase my current position as I like this company's positioning in light of 2021 consumption trends and the quality dividends paid to shareholders. I'm looking to increase as detailed...

InvestEmi Updated 

Chart: ATVI seems to have been developing a very wide Cup & Handle formation since its late 2019 crash. The March Coronavirus-induced crash may have negated the trend, but overall it still seems to hold. September highs to today have set up a nice handle formation. Any breakout above $84 (very likely post Election) could confirm this thesis and set the stock...

InvestEmi Updated 

SNE has flown past its $84 prior resistance level, highly likely this will act as our new support. PS5 Launch provides Revenue support for this idea. Massively overbought at these levels on an RSI basis, 20- and 50-day Moving Averages trailing more than usual for this stock, probably due for a correction down to that $84 level. Look for this space for entry, if...

InvestEmi Updated 

ETR has been trading within that $91 - $105 trading range since April. The stock is just starting to show confirmation of breaking out and remaining above prior resistance. If this stays the case through next week, we've got ourselves a new trading range for November and potentially through year's end, next resistance @$121. Earnings were good despite significant...