|Day Low/High||27.69 / 29.38|
|52 Wk Low/High||16.99 / 37.72|
The charts and indicators of the online personalized apparel retailer look constructive enough to approach the stock from the long side.
Much like Elastic in recent weeks, Stitch Fix's stock was hammered earlier this year amid concerns about competition from Amazon.
The company continues to add new categories, expand geographically, and offer new ways to buy.
Is this name worthy of risk? My opinion is no, it is not.
The chart and the massive short position say now is the time to shop for SFIX.
This a name I own and trade often - and there's a reason for that.
Here are three Friday charts worth watching as they near breakouts.
The chart on Chewy is one ugly mutt, there's no denying it, but the price action turned this week.
The charts of Stitch Fix could use a master tailor and aggressive buyers.
After today's market close we have three companies slated to issue their quarterly results: Health and wellness products company Landec , which is expected to report EPS of -$0.16 on revenue of $131 million. Given the attention garnered by plant-bas...
What may be more important than actual financial performance for this quarter will be active user growth.
How much has central bankers' environment been impacted externally? We will see.
I'm eyeing a retest of the 10-week simple moving average around $30.50.
Stitch Fix has surpassed earnings expectations every quarter since coming public.
It wasn't a pickup in business that fueled the beat, it was a demonstration of fiscal management.
A subset of tech is expensive, as well as tech IPOs, but the majority of sectors are far from overvalued.
Can markets go higher? Certainly, but we still need to see higher prices form here on higher volumes in order to confirm that those big kids are playing ball.
In any other administration I'd avoid the idea, but this administration and this president love to get on social media and make a splash.
I would consider taking advantage of the higher volatility to setup a bullish risk reversal.
I'd either wait for a breakout or retracement because we're stuck in technical limbo after today's gap higher.
Although not completely immune to tariffs and Trade Wars, I could see LOW...escaping relatively unscathed.
These 'Bearish Bets' are showing both technical and quantitative deterioration.
It's a company without debt and a valuation that consists of 11% cash all while remaining profitable.
SFIX is a company that has been fundamentally performing well.
Traders are taking a bearish stance on Stitch Fix, with online apparel company reporting its earnings today.