POWW Stock Breakout: Entry, Stop Loss & Profit Targets!POWW Trade Setup Trade Details: Entry: $1.37 (Breakout level at the yellow line) Stop Loss (SL): $1.27 (Below the ascending triangle support) Target 1 (T1): $1.48 (Immediate resistance) Target 2 (T2): $1.64 (Major resistance level above)Longby ProfittoPath1
Educated Gambling!! LOL. Call Options that go $POWW or OW!! Were in a Double Bottom and a Bearish Pennant on the daily so who knows, and the chart doesn't look great either. This one is at the top of my degenerate list, pure speculation. My idea is either a big bang or a misfire. I've been buying NASDAQ:POWW $2.50 calls expiring 1/17/25. Started off buying at $15 then $10 and now $5 per call. And sometimes no one is even selling these options when they list for .01 (actually cost $5 min) My thought is NASDAQ:POWW could either run in the next 3 weeks or all the way up to Inauguration Day on January 20, 2025, hope to at least fill the gap at 2.46 and then get back to June 3rd high of $2.86. Most of us can figure out why it could possibly go parabolic so close to the Election. I hope for God's sake and love of country I'm actually wrong about this and pray for peace. But at the same time, as some of the corrupt powers to be say "never let a crisis go to waste"... Safe Trading Everyone!!Longby JoeKing1332
8/5/24 - $poww - Close enough to my $1.5 tgt8/5/24 :: VROCKSTAR :: NASDAQ:POWW Close enough to my $1.5 tgt - are we close enough to the $1.5/shr tgt that i spelled out in my last note? - even low balling cash gen at $25 mm for $150 mm (cash-adj) value is 16% fcf yield, pretty high - "election" years should be good for ammo right? - what am i missing here? is this worth a 50 bps position tmr if we don't start the day >$1.6/shr? anyone have a more nuanced opinion. so tough to be smaller/ "micro" types in this tape, but i do like the cash gen, the stock looks weak mainly flow-related beta vs. fundamentals (esp looking at the last 1 wk move - all the small caps look the same). many are not worth buying... perhaps this one is? thoughts? VLongby VROCKSTAR0
6/14/24 - $poww - Getting interesting. Buyer <$1.56/14/24 :: VROCKSTAR :: NASDAQ:POWW blast (ha ha) from the past name. i've watched and traded this going all the way back to 2020. most recently took look end of '23 (see private comment in chart) and determined i'd set a reminder if we got towrad the $1.75 level. well here we are. what. a. weird. reaction. and. situation. on valuation - when you consider ~50 mm in net cash (let's just use round numbers b/c this is a hand grenades situation w the stock down 30% today) and inventory of round up 50 mm... the stock is "worth" $200 mm, getting cheap for pure play ammo esp heading into what will be fireworks of an election year and everything inflating in price, which could further pull forward ammo that really doesn't expire (esp when stored correctly). that being said, profitability (for now) is defn. strained. you simply cannot do 12 mm in opex on 5-6 mm in gross profit for very long before the stock gets whacked. and while the expectation is for sales to resume YoY growth in the coming Q's and esp in 2H, in this tape - that's a tall order - when you can't even own something like NASDAQ:ZM (i get it i get it - different everything) for 2x sales (ex cash) and nearly double digit FCF yields and growing even if it's small. my point is - there are A LOT of alternatives that are better havens that don't have such drawdown potential as this one (just demonstrated). IF I HELD THE STOCK AND WAS CAUGHT OFFGUARD TODAY WHAT WOULD I DO? I'd hold it. Reaction was too big. But I don't - and many are probably asking do i try to snag/ catch this knife, play a reversal? I'd not. Any 5-10% up move will see the above (bag holders) dunking on your attempt to snipe. this isn't some great discount too on a biz that's growing leaps and bounds. It's not a "must own". Institutions don't need to own it. So what am I doing? I'm still on the sidelines. I also don't need to own it. If you don't already (which is probably most of you looking at this), you don't either. If we start to see sub $1.5/shr. that's starting to get interesting. if u look at other high volume down days we trickle a bit before finding a floor. i'd expect nothing less esp in this tape and hitting 52 week lows. unless u feel like super man. that's my 2c on this whack azz move today and how i'm thinking about it. lmk if you think differently. Vby VROCKSTAR0
Technical Analysis of AMMO, Inc. (POWW) as of April 25, 2024:AMMO, Inc. (NASDAQ: POWW) presents a moderate trading opportunity based on a confluence of technical indicators and recent price action as observed on the provided daily charts. The stock currently trades at $2.51, experiencing a slight downtrend as indicated by the recent bearish candlestick patterns. The Ichimoku Cloud, Fibonacci retracement levels, volume, and momentum indicators such as the RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and OBV (On-Balance Volume) will be utilized to forecast potential future price movements and provide trading insights. Ichimoku Cloud Analysis: The price action is currently testing the Ichimoku Cloud, which acts as a dynamic support and resistance zone. The Conversion Line (blue) is above the Base Line (red), typically a bullish signal. However, the recent price action has dipped below these lines, showing signs of potential weakness. The forward projection of the Leading Span A and B lines suggests that if the price does not regain strength above the cloud, it may enter into a consolidation phase within the cloud or a bearish trend if it persists below it. Fibonacci Retracement Levels: The chart shows a Fibonacci retracement drawn from a swing low of $1.85 to a high of $2.94. The retracement levels have served as key areas of support and resistance, with the 61.8% level at $2.27 being particularly significant. If the current price were to retract further, traders might look to this level for potential buy entries. Volume and OBV: The volume spike in late March shows significant trading activity, which corresponds to a price surge and subsequent volatility. The OBV line has plateaued, suggesting that buying and selling pressure are currently balanced, indicating a period of indecision in the market. RSI and MACD: The RSI is currently just below the midline at 48.67, signaling neither overbought nor oversold conditions. This aligns with the potential for sideways movement or a mild downtrend. The MACD histogram is showing a reduction in bearish momentum, and the signal line is approaching a crossover, which could indicate a shift towards bullish momentum if it materializes. Price Prediction and Trading Strategy: Given the current technical setup, there is a cautious outlook on POWW. If the stock maintains support above the $2.42 - $2.27 range (which aligns with the Ichimoku Base Line and 61.8% Fibonacci level), there could be a rebound targeting the recent swing high near $2.94. Conversely, a break below $2.27 might push prices down towards the $2.11 (100% retracement) or even $1.85 (previous swing low). Entry Points: Conservative Buy Entry: A rebound from the $2.27 area with confirmation from the Ichimoku Cloud and volume increase could present a buying opportunity. Aggressive Buy Entry: A clear breakout above the Ichimoku Cloud with an accompanying volume surge could be used to enter for a bullish trend continuation. Exit Points: Initial Profit Target: The $2.94 level (previous high and near the 0% Fibonacci retracement). Stop Loss: A break below the $2.27 level could be used as a stop loss point to mitigate risk. Conclusion: In summary, AMMO, Inc. is at a crucial juncture. Traders should monitor for either a bullish reversal above the Ichimoku Cloud or a confirmation of the downtrend with a break below key Fibonacci levels. Risk management through stop-loss orders and profit targets should be employed to navigate the uncertainties inherent in the market. Keep an eye on volume and momentum indicators for additional signals to confirm the direction of the trend. by AxiomEx0
Buyers Losing Power? There is going to be a big move. Either a break of trend and push toward resistance. Or a break and fall toward support.<---(which is not likely to be held)by DevForEver0
POWW possibly triangle breakout to the upside \(^0 - 0^)/Looks like a tight flag is forming on the daily chart, though it's only been three days and there is no interaction with the daily timeframe moving averages. On the 1hr and 15 minute timeframes there is a clean looking triangle pattern. I would see what happens on Monday morning and if it breaks the triangle try out an entry, leaving your stop loss just below the candle you entered on. Maybe in a situation like this you could aim for a trade based on the hourly chart, closing the full position when it closes below the 10 SMA. Longby fluffystat338
Ammo Inc Potential Triple BottomAmmo Inc is testing the 200sma after recently forming a potential triple bottom pattern. A move above the 200sma would likely lead to a test of the upper resistance line near $2.60. Should price beat the upper resistance line with a close and open above that $2.60 level, our projected upper target is near $3.60 based on the $1 measured move from the valley of the triple bottom to the highest peak(resistance line). The lower PPO indicator show the green RSI line currently below the purple signal line which indicates short-term bearish momentum. Both lines are currently above the 0 level which indicates intermediate to long-term bullish momentum. What we want to see going forward is the green PPO line to cross back above the purple signal line to indicate a return to short-term bullish momentum. The lower TDI indicator shows the green RSI line above it's purple signal line which indicates a short-term bullish price trend. The RSI line is also attempting to cross back above the 60 level and into the upper half of the Bollinger Bands which would indicate an increasing bullish short-term trend. Going forward we want to see the green RSI line continue to trend between the 40-60 levels which would indicate an intermediate to long-term bullish trend. My buy price is $2.21. My stop-loss(SL) is at $2.00. Max loss on this trade is roughly -10%. Potential gain is +62%. Longby PrepForProfit2
POWW Short Entry and CoverYesterday I went short at 2.45 at the 2.50 level. Today the Target was hit at 2.22 at the 2.20 level. Shortby Craigmast29110
POWWNot an investment recommendation. This chart was made for personal study and personal use only. If you liked the idea, please like it. If not, write why. In my humble opinion, the price will go up.Longby IllyaFX1
POWW - Breakout. Uptrend confirmed. Key Levels: Key Level of 5 - If key level can hold support i'm looking for next resistance targets at 5.5 then 6 - If key level cannot hold support my next bounce area is the daily 200ema at 4.9 - Stock breakout out of major resistance at 5 today. - Look for more upside into resistance then a possible short scalp or short swing to retest 5. - If we get a retest of 5 tomorrow we can bounce nice if market conditions are favorable. by Cream43492
POWWThe ammunition industry has been far behind in production capacity to meet the enormous increase in demand. As long as crime continues to be a problem in America, there will be an outsized level of demand. POWW Just opened a state of the art ammo plant in Q2, revenues have grown from $0 in 2016 (startup) to $62.482 million in 2021; with company and analyst estimates putting 2023 @ $300-$320 million. Ammo Inc published revenue growth of 285% for 2022 on June 30, 2022 and price is up 8.44% as of today (July 1). NASDAQ:POWW Earnings - www.nasdaq.com Insider Activity - all buys, no sells - www.nasdaq.com Potential short-squeeze on the ESG nuts - www.nasdaq.com I am long on POWW as of today, and POWWP. POWW Preferred (POWWP is currently yielding 8.62%)Longby NordicVetMBA113
Triangle againI set some wedge lines in early March and watched... I really thought it might break the double top then triple top then quad top, but the bears ruled the chart. Now the Triangle indicator popped up. Lets keep a close eye on the new thick line and my old thin line. Several days of consolidation between the two. Break of either will give good stop loss line and play the breakout calls or puts available. by Beagle_TradesUpdated 0
AMMO Inc (POWW)Ammunition is an integral part of military structures and requires continuous supply. In any case, if the company manages to have important orders with the Army, the stock could have important upward movements. Interestingly, the company is debt-free. Investor Relations internet address below: ammoinc.comLongby mgiuliani222
POWW into EOY 2021Roughly how I anticipate it to play out based on earnings and expect a blow-off top by/around Christmas.Longby MelvinEquity3
Falling wedge breakout with backtestFalling wedge breakout with backtest. Targeting top of the wedge and then $14. Sitting right at entry extremally oversold and showing resilience to the overall market weakness. Overall bullish trend (higher lows) and potential cup with handle. Entry: 7.40 PT1: 10,00 PT2: 14.00 SL: 6.45Longby Ravich000Updated 113
POWW updated trading planPOWW is trying to hold the $7.50 support which is a good sign but if it doesn't I think that it will present even better trading opportunity with very obvious entry and SL area. Keeping some cash on the side in case we go down to $6.50 zone. Cup & Handle idea still valid with $14.00+ target should it break above $10.00.Longby Ravich000Updated 3
POWW expecting continuationIf SWBI is anything to go by this could easily double in a very short period of time after good earnings report.Longby Ravich000Updated 0
POWW to $14 by SeptemberCup & Handle approaching buy zone. Expecting bounce soon (RSI at historical support/resistance level, price goding down on decreasing volume).Longby Ravich000Updated 2
POWW: Ascending Triangle (62%), Time to buy in?Price action went back to 9.02$ support and jumped back up again. Time to enter the trade? Longby LeLaf110
POWW waiting for a breakout POWW waiting for a breakout Ascending triangle Volume picking upLongby zhasan92hzUpdated 0
Another Pump detection before anyone talks about it..!Please check my analysis published on June 9th: Potential to be the next Pump buy Apes..! Entry:7-7.30 Stop loss: 6.50 Reward/Risk:3.5 Target range: 10 Time Frame: 2-4wks Possible gain:35-40% Possible loss: 10% Apes think they are in control..! But the master illusionist fooled them..! An illusion is a distortion of the senses, which can reveal how the human brain normally organizes and interprets sensory stimulation. Although illusions distort our perception of reality, they are generally shared by most people. ... The emphasis on visual illusions occurs because vision often dominates the other senses.by Moshkelgosha117