YETI - impulse wave
Outcome Predictions
- (pink) price continues with uptrend until after earnings report. stock hits price high for wave again before correction and EMA folding over before 5th wave
- (blue) EMAs fold over now with larger drop to $62
- (purp) correction already over [least like I think]
Patterns
- two nearly identical bull runs
- may have already seen same $12.50 drop twice
- third stair would create 5 wave uptrend
- steady and significant earnings growth for last 3 years
Other Factors
- extremely strong brand
- dominance in general market sustained by dominance in specific markets (eg. fishing), unlike competitors (hydro flask)
- upcoming earnings report
Doubts
- the patterns I mentioned are kinda silly
- no major signals, these are pretty much wild guesses
*** WARNING ***
I am very new to this, don't trust me!
- (pink) price continues with uptrend until after earnings report. stock hits price high for wave again before correction and EMA folding over before 5th wave
- (blue) EMAs fold over now with larger drop to $62
- (purp) correction already over [least like I think]
Patterns
- two nearly identical bull runs
- may have already seen same $12.50 drop twice
- third stair would create 5 wave uptrend
- steady and significant earnings growth for last 3 years
Other Factors
- extremely strong brand
- dominance in general market sustained by dominance in specific markets (eg. fishing), unlike competitors (hydro flask)
- upcoming earnings report
Doubts
- the patterns I mentioned are kinda silly
- no major signals, these are pretty much wild guesses
*** WARNING ***
I am very new to this, don't trust me!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.