Five Below Gap fill Trade $five
Quick scalp possible for gap fill in Five
if $120 is hit could move much higher dependent on market strength
FIVE trade ideas
$FIVE Weekly H/S , narrowed BB, neg MACD DivergenceBasing under its 50 SMA
Weekly chart is a bit more interesting - Head and Shoulders with recent consolidation (7 week)
Neg Div in weekly MACD - monthly pointing down, weekly pointing down, and daily rolling over
$DLTR disappointing
$DG living under 50 SMA
IBD industry group 183 this week, 177 3 weeks ago, and 117 6 weeks ago
too good to be true, right?
Five Below with rising institutional interest HedeMind.com is reporting rising IR. New Buys: 7, Increased: 3, Decreased: 2, Sold Out: 4
Will also profit from China Trade-Deal
Watch for Breakout.
$FIVE / Five BelowI’m still waiting for $FIVE price to hit this major trend line on the bigger time frame charts. Still a favorite stock of mine but the set up just isn’t there yet.
Five Below trade setupEntry level $123.86 = Target price $130 = Stop loss $122.50
Indicators turning bullish as earnings approach, a break from the triangle will present a better long entry.
P/e ratio 44.20
Average analysts price target $143 | Overweight.
Short interest 5.23%
Company profile
Five Below, Inc. engages in the shopping business. It offers an assortment of merchandise, including sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room decor and storage, stationery and school supplies, video game accessories, books, dvds, iPhone accessories, novelty and gag, and seasonal items. The company was founded by David Schlessinger, Zany Brainy, and Thomas G. Vellios in January 2002 and is headquartered in Philadelphia, PA.
$FIVE Technical Analysis shows short-term downside potential. Recent price action suggests a move back to the long-term low end of the range.
FIVE BELOW HAS HAD A WILD RIDE AFTER HOURS Five Below may sell some bargains but the stock itself is not, carrying a high P/E ratio of 43 , growth and earnings need to be very consistent. Reaction was mixed to today's results and the stock seen some massive swings in the afterhours, but on light volume. Lets wait and see what days to come bring and will they Analysts give it a Hit or a Miss.
COMPANY PROFILE
Five Below, Inc. engages in the shopping business. It offers an assortment of merchandise, including sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room decor and storage, stationery and school supplies, video game accessories, books, dvds, iPhone accessories, novelty and gag, and seasonal items. The company was founded by David Schlessinger, Zany Brainy, and Thomas G. Vellios in January 2002 and is headquartered in Philadelphia, PA.
Pullback Imminent: Opportunity to Short MACD, Stochastic and RSI all reversing and bouncing off the top of the bollinger band. Opportunity to short on the pullback. Price expected to drop to $132 where the 50day average is and if it breaks that support, possible drop to $120-122 region on the trendline support.
$FIVE $25million TARIFF COSTS HINDER FIVE BELOW Earnings, sales and revenue were fine but it was the mention of taffies that sent the stock into the red, its is estimated that an increase in tariffs would result in a extra $25 million cost and result in a 3-4 % drag on earnings in 2019. This is not what investors want to hear as NASDAQ:FIVE is restricted by its name when it come to passing costs onto customers. Growth continues to be rapid with new store openings at a great pace so keep this name on your list for a good reversal.
COMPANY PROFILE
Five Below, Inc. engages in the shopping business. It offers an assortment of merchandise, including sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room decor and storage, stationery and school supplies, video game accessories, books, dvds, iPhone accessories, novelty and gag, and seasonal items. The company was founded by David Schlessinger, Zany Brainy, and Thomas G. Vellios in January 2002 and is headquartered in Philadelphia, PA.
Five Below IncThis is my analysis considering the support and resistance levels. Theres a 1.21% upside before we hit a little resistance.
FIVE - Potential Inverted Fallen angel short setupFIVE seems forming a potential fallen angel setup. It was recently discussed on the trading-room. This already declined a bit from its original entry discussed. However, still looks good as a short setup. We think it has good downside potential.
$FIVE **possible pop and inverse H&S playing out***Five below has not missed on a earnings report ever, it has thrived in a strong economy and will probably benefit more than most in a struggling retail environment. Everyone enjoys getting a bargain. Five have like any tried to diversify supply chains away from China which has increased some costs but will result in a much stronger company. After a pop on earnings , a unfortunate analysts downgrade followed which hampered a breakout, that scenario has now reversed upgrades have followed and price is rising.
FIVE: Another short playMar 15th: 115 Puts
These are high r/r plays. Overall mkt is out of steam. China trade deal is only thing keeping the mkt alive and it will be sell the news anyways.
Five ShortI ended up shorting five after a poor decision to close my 2 previous spy trending trades.
Over leveraged my account. I got emotional. My original plan was to drop from $200 puts/calls to $100 but I instead went for this one and another trade.
I realized afterwards that it was a folly once my senses kicked in. I bought to puts accidentally. sold one quickly for a loss of $30.
toward the end of the day. I ended up make $30 on this trade to break even after going red through the day.
it was a big mistake.
This is a personal journal reference.
Bullish if ER will beat!TTM squeeze showing an uptrend
Slow Stochastic oversold turning to the upside for bullish trend reversal
ADX reversal
Five Below is a definite watch!Five below is a growing company that is going to help fill the Toys R Us void that has happened. Amazon is pushing to fill the void as well. However FIVE specializes in a market that is hard for Amazon to compete in. With earnings coming at the end of November it could be the catalyst to propel it to 180. If not it will be the earnings in February for the holiday season.
