TREE was up huge from bottom, almost up 300%. A dip here would give us entry around low 20s Long around 22-24 Stop loss - 18 Target #1 - 50 Target #2 - 60 Target #3 - 80, after a pullback.
Online financial platform, LendingTree, Inc. (TREE), Wednesday announced that it has repurchased 0.50% convertible senior notes worth approx. $100 million, which were issued in July 2020 and will be due in 2025. The company has spent approx. $81.4 million in cash for this transaction. On Tuesday, LendingTree's stock closed at $19.62, down by 0.66%. The company’s...
So I initially set a 5 / 30 EMA crossover (up) signal alert for $TREE (Lending Tree) as it is one of the cyclical stocks where market has been rotating into. It got triggered last night (or morning in Eastern time) and I immediately went in and bought a couple of LEAP based option calls for it. At this point in the day, $TREE was just about 290 only. Little did...
TREE As noted in my previous post on LendingTree (linked) this is a patient trade that requires a trader to display discipline and belief in the trading plan. The accumulation zone was noted as 285-270 in previous post, and this week TREE hit sub 285 for the first time on the pullback in formation of a true cup and handle pattern. I say "true" cup and handle...
We are doing Analysis of LENDBTC on 1 Day Timeframe. I have Mention Support and resistance levels on Chart Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan