FIZZ - Double TopDouble Tops have formed above the dominant trend line in green on FIZZ
A pullback is possible but should still hodl above the green trend line
Monthly timeframe which contributes to the ability of the up trend being maintained
FIZZ
BREAK & RE-TESTInteresting bullish structure developing on FIZZ as prices posted local short term new high, it would be interesting to go long at the third touch of the up trend line, since static support confluences with fibonacci level and 200SMA would act as a dynamic support.
Dark Pool Buy Zones in Bottom FormationsIt may be difficult to be optimistic about the future at this time, but it's the BEST time to be on the lookout for Dark Pool Buy Zones in bottom formations.
When it's all doom and gloom is when the largest buy-side institutions are accumulating bargain-priced stocks, acquiring their huge lots of shares as the last of the small-lot sellers capitulate.
Therefore, divergences are important to think about for identifying where the Dark Pools are accumulating. For example, FIZZ was still moving down when the Accumulation/Distribution indicator started rising. This is a very likely Dark Pool buy zone.
Entry requires confirmation that the bottom is likely to complete soon, but this early divergence pattern gives both traders and investors lead time on a good entry at some point down the road.
I'm teaching more about how to identify Dark Pool Buy Zones TODAY at the MetaStock Traders Conference. It's a FREE event with many other trainers. I'll be on at 3 pm ET. Hope to see you there!
FIZZ - will fizzle down moreLots of volatility to come for this stock. High short interest stock with no signs of any buying. I expect this to run down even more. Watch for 10%+ decline in coming days to weeks.
FIZZ back to buoyant?First post here. FIZZ keeps catching my eye, so I notice today it's broken some bearish symmetry resistance. I'm not even an Elliott wave novice, but it looks like 5 waves down and breaking the downtrend lines.
The dowsing I do suggests a trend reversal in the works.
Symmetry resistance coming up at 45.28. Wouldn't be surprised at a slight retrace around there.
At the moment (2/14 1:30) symmetry support is at $43.91 and $43.44 and that would be a good entry zone if it holds. Stop out if it's going to close the day below $43.
Hold time is ~5.5 weeks with target of $51.33
FIZZLooking to long FIZZ on break to hourly trendline. Stoploss as per your comfort. My stoploss is 52wk low because I can manage my risk by strategically cutting down loss position size or strategically adding to my profit positions.
FIZZ in the newsCNN has an article on how sales are slipping.
Caught my attention so I ran a quick price projection against it.
The next 9 days is looking for a price between $39.60 - $38.62
Fizz - Long but not entering just yetFizz is trading between Fib levels very nicely. There seems to a fair bit of bullish sentiment on Fizz and I am willing to bite but not yet. Waiting for a break of the current downtrend or for the price to move a bit closer to the 0.786 fib.
FIZZ LONG - RSI OVERSOLD AND BOUNCE ON 200MA (WEEKLY)National Beverage Corp (FIZZ) are oversold at the moment and are looking to bounce on 200ma. Parabolic SAR has moved below price. Great opportunity to get in at a good price ;-)
FIZZ (led) OutWhats up traders,
Couldn't think of anything to punny / funny for my title. but most of the explanation is on the chart.
I see this as 100% pure shorting alpha when the timing is right.
Have a look. . . let me know your thoughts.
$FIZZ 200d Breakout / 50d Trending Upward$FIZZ broke through the 200d ema on strong volume yesterday followed by what appears to be a successful retest today.
See upside to 100 in the near term if 200d holds as support. If it can go on to break through the downtrend line, we'll see $110 easily before next ER.
