Lackluster sales on Star Wars game. Missed EPS. Recent insider selling. Weak income statement with YOY operating margin increase and net profit margin decrease. Technically EA had a lower closing price and could not penetrate supply area today despite a + news release yesterday. Buyer sentiment is still positive tho. Counting on increasing volatility and weakness...
Good risk/reward ratio. Double top. Downward trend on intraday chart.
Failed to go higher. Earnings around the corner. Overextended on the weekly chart. RSI decreasing.
Low Beta, high dividend yield. Try for buy at lower level of demand area $6.76. First target $7.19. 2nd = $7.39 3rd = $7.69. Stop loss $6.69. Risk= sell off prior to earnings on 3/2, but last earnings was a surprise and stop loss is protective.
XOM began recovering with the rest of the market on Friday afternoon. RSI on 1 year daily is oversold @ 35. Dividend stock (77 cents, ex-dividend date 2/12). Excellent opportunity to buy a demand area with relatively low risk. Stop loss below $73.90. I am long and will await confirmation to purchase more shares above $76.94 level in order to reach a reversal...
Buyers are tiring out. Trend line break. Decreased volume and RSI trend. Price showing weakness with lower open today. Higher prices rejected as shown by tweezer top. Significant demand area way below never retested. Other peer retailers with better fundamentals are significantly lower -$20 price range- AEO (dividend stock), BBBY, ODP. 1st target = $30.
Fundamental: EPS Growth >30% quarter over quarter. Technical: Double Bottom, upward trend.
FORM is in a long-term uptrend. Target = $18.40. Would look for entry when RSI reaches 60 level.