potential upThis is for my own study only. The stock comes from a online free screener, with <50% float, > 50% insider ownership, >5% inside transaction, relatively high short float. Let's see if it goes up in the future.by hkorange2007111
PLCE has rsik to reward ratio of 15 at current price $7.70sPLCE has rsik to reward ratio of 15 at current price $7.70s. Free Float Shares is 4.83M - Positive News In Business since 1969 - Positive News Annual Revenue in 2023 is $1.7Billion - Positive News Cash and Equilent is $16M - Negative News Earning Forecasted to go down next 3 quarters - Negative News 52 Week Low - Negative News Similar Prices Happen in 2003 - Positive NewsLongby OnePunchMan91Updated 0
PLCE crash and flush on pre-emptive warning from executives LONGPLCE as shown on the 30 minute time frame had a "waterfall" event when a bad news catalyst hit the wires. Executives announced earnings issues one month out from the report due about March 14th. Maybe is real and may not. The are no filings available to show any insider sell- off unlike what is going on at General Dynamics at its all-time high. Could those executives push traders to bail on the stock, force it to crater and then buy even more at the bottom or have friends and family help them if they are well informed ? Who knows ? Does the CEO of TSLA have a plan to help share prices drop so when his new compensation plan is set up he gets even more shares and price rises to make his unrealized losses magically disappear. Is there manipulation in the market ? Is this a case of it ? Anyway enough said. PLCE is in early reversal and recovery. It has crossed the moving averages on the chart and there is a massive volume of buyers scooping from the bottom in the closing Friday afternoon. I was one of them. My shares and options are few. ( compared with the CEO/COO/CFO guys at Children's Place.- they typically buy 100,000 shares at a pop - after all they have the confidence of already knowing what is going on inside) I typically want to see 2-3X relative volume to put on a big position. This is 4X. Seems the risk is low compared with a 60% upside back to price levels before the news. Price has already recovered partially. My stock trade is 5% above break even after less than a day and now has a 3% trail stop so I don't need to pay attention to it. The call options targeting $19 for March 16th are up 16% in the first day. I will sell to close a day or two before earnings to hedge my suppositions. If earnings are as bad as these executives say. The call options will plummet. My alternative is to keep the call options running but hedge them with a single put option below ITM for a strike OTM expiring the same day setting up a strangle to take much of the risk way. In that case, the call options would still fall with a bad earnings miss but the put option will provide insurance buffering the loss. It remains to be seen how this plays out and I will check for SEC filings at intervals. For now, I will chase the relative volume because it is higher than the typical for similar scenarios. Best of luck to any traders who take this trade.Longby AwesomeAvaniUpdated 111
No PLCE like HomePLCE completed a tower bottom with today's daily close... if it can close above the next white line with a strong two day candle, it will signify a short term bottom to potentially a mid/long-term bottom (esp. if it does it by tomorrow's close). R:R would be stop at recent lows with a target of the median line of the pitchfork, white path. This could morph into a much larger wave off the lows, but one step at a time. GLTA!Longby kstrizzle0013
(Short) Children's Place, contracting business with high debtLower highs are in. The 2020 post Covid19 stimulus rally has failed to break 2019 highs. It is a lower high with respect to 2018 highs. Revenue and profits earning are declining despite the high level of debt. This means to say, debt is unable to convert to sales. Going forward in an increasing IR environment, this company might find trouble making sales and repaying debt at the same time. On the technical side, the top is in at 19Nov21 and the support level has broken. Work out your own risk, entry, and stop-loss level. We will be putting this on our watchlist to wait for a good entry and then it will be shared. Shortby NimbusCapital2
The Children’s Place Announces New Share Repurchase AuthorizatioPLCE: The Children's Place, Inc. 2021-11-18 06:55:00 The Children’s Place Announces New Share Repurchase Authorization for Up to $250 Million of Common StockLongby JetEquities0
children's place long setupchildren's place drawing a good long setup, will expect an upward movement from hereLongby Jfmzuluaga1
$PLCE Bat, can bounce, needs volume Clean Bat pattern, buyers might step in here, stop is close, (Below X) . Can move fast w break of 85$ Aim tp 1 and get stop to even, then tp 2, lower conviction w this Longby HiddenharmonicstradingUpdated 4
children`s place ticker: plcechildren`s place to revisit the lower downtrend channelShortby Jfmzuluaga1
PLCE EntryGreat entry with a stop loss below the support line. Could retest previous highs but a safer target would be at the top of the gap which would still be 10%+.by PennantTrading1
SHORT SQUEEZE INCOMING Cup and handle formed was confirmed a couple days ago. Short term price target is the $100 dollar mark. I would be a buyer of the 2/19 $100 calls if this dips tomorrow! GL and like :) Longby Josey112
Long PLCE for potential breakoutDaily chart looks like it is finishing an inverse head and shoulders pattern while crossing an 89 day moving average. In at $31; stop at $26; target at $36.30.Longby TeckN9ne0
PLCE, was a top quarterly gainer. Expect an Uptrend continuationA buy signal is generated. I analyzed 38 stocks in the Apparel/Footwear Retail Industry over the last three months and discovered that 33 of them (85.71%) charted an Uptrend while 5 of them (14.29%) trended down. I found 288 similar cases when PLCE's price jumped over 15% within three months. In 151 out of those 288 cases, PLCE's price went up during the following month. Based on these historical data, I think the odds of an Uptrend continuation for PLCE are 52%.Longby tickeron5
Short Idea for $PLCE Using Elliot Wave Analysis$PLCE has had a good pullback from an otherwise consistent downward trend beginning long before the recent market crash. After a gap up it's been consolidating over the past two weeks. The Elliot Wave oscillator has pulled back to between 90% and 140% and stochastics are in the overbought zone. If price can close the gap in the next few days, a sensible entry would be at $22.80, with a target below $5. Shortby WindhorseTraderUpdated 2
PLCE - WEEK CHART Hi, today we are going to talk about Children's Place and its current landscape. The American specialty retailer of children’s apparel and accessories Children's Place it's been crushed by a series of bad confluences, starting by the company report that showed a worse than expected EPS on the third quarterly, the company also issued a worse than expected EPS and sales guidance for the fourth quarter, up to that the company was downgraded by B. Riley FBR that put the company on the neutral specter. The Company can also suffer from the latest consumer price report from the Bureau of Labor Statistics that revealed a weakness in apparel prices, on a month that included Black Friday and Cyber Monday sales, which becomes an aggravating factor in this case. Thank you for reading and leave your comments if you like. To have access to our exclusive contents, join the Traders Heaven today! Link Below. Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice. by Igor-Silva23
PLCE longAssuming nothing is out of the ordinary with the earnings, trend expected to continue. Plan on covering a long position with a few puts the night before earnings.Longby Crispy_Trades5
Beautiful WavesWhile on an ultimate down trend it would seem, PLCE has such beautiful waves... A reversal is in play, though I believe its highs will continue to stay lower, drawing out lower lows as it returns to "normative range" - I.E. Lower Comforts. A good range for topping out with profit would be anywhere from $78 - $81. So far this year, looking back at similar plays and potentials, a month is a cushion-y range to shoot for another crest. P.S Awaiting confirmation of SuperTrend (3 10)...Longby DavidgroshongUpdated 5