All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
In the current situation of Cool there is just one buy setup eligible:
Cool stock continues to trend higher since in late March and has marked an amazing 266.67% gain. Price marked a local bottom in this uptrend at $0.06 on June 30, and since then it bounced off a 83.33%. Now, it's only 81.82% away from breaking out above its last top and resume the uptrend. The new entry point is therefore at $0.20. If you decide to enter this trade, the suggested stop loss is at $0.18
|Buy setup||Buy point||Stop loss||Risk|
|Uptrend buy setup||$0.20||$0.18||10%|
When is it time to sell Cool stock?. Like when we have to buy shares, deciding when is appropiate to sell is not a whimsical decision, and we must follow our own trading style. When selling, as well as buying, detailed setups are very simple to follow and are only applicable for selling shares you already own, not for selling short Cool stock
As a golden rule, you should never mantain an investment that shows a higher than expected losses upon the buy. The moment to sell your stock should always be determined by the stop-loss (automatic or manual)
Currently, Cool stock doesn't match any of our preferred sell setups, so if you hold Cool shares and your operation is in profit probably is not time to sell now
Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal
We don't have any rating posted in the last month for Cool
Cool stock started an uptrend in late March, and grew a gorgeous 266.67%. The price line shows higher peaks and higher lows, and along the way provided some buy points for those who wanted to invest. Latest low was on June 30, when price bounced at $0.06. Currently, it moves in a consolidation between its last top ($0.20) and its last bottom ($0.06)
Moving averages are indicators for investors to gauge stock momentum. A moving average is calculated as the simple mean of the previous N periods (usually sessions). Usual time periods used for moving averages are 21 days, 50 days, 100 days and 200 days
Investors use supports and resistances to spot price points in the stock price action that may behave as obstacles, preventing the price of an asset to move in certain direction. Supports are levels where the price tends to stop as it falls. Price is more likely to "rebound" this level rather than break through it. Nevertheless, if the price breaks down the support, it will probably continue descending until finding another support level. On the other side, resistances are where the price may find resistance as it moves up. In the same manner, this means that the price is more liable to "bounce off" at this level, and if it finally breaches this level, it will rally easily until it meets the next resistance
The current resistances are:
The current supports are:
This is an indicator that was designed in the 1980s by John Bollinger. In essence, the Bollinger Bands are lines that move around a moving averagediffering in distance from the bottom to the top depending on market volatility. They are usually plotted by an interval of two standard deviations, above and below, from a moving average line. Bollinger himself recommends the moving average period to be 20
Since the price broke down the lower band on July 1, the price bounced off by 37.5%
The RSI (Relative Strength Index) is an oscillator-type indicator that gauges price movements to detect when the price of a share or financial asset is overbought or oversold. Like other oscillation indicators, the RSI moves in a range between 0 and 100. The relative strength indicator is one of the best known and most widely used indicators, invented by J. Welles Wilder in the late 1970s
The RSI dropped below the overbought level of 70 in mid-June after just crossing to the overbough zone for just one day (weak signal). The RSI value yesterday was 49.65. Cool price collapsed a 31.25% since then
Cool Holdings Inc. (AWSM) posted adjusted EPS for the fiscal Q1 that matched analysts' expectations. Quarterly EPS was $0.00 per share versus $0.00. Reported sales were $0.00, in line with the market forecasts as well.
Same quarter one year ago, reported EPS was $-0.46, so recently reported EPS means an increase of 100%. Looking at revenues, figures skyrocketed a 465.24% compared to $2.3M same quarter a year ago.
Cool will host the earnings call on mid next August. Expected per-share earnings of %s for this quarter is $0.00. Financial reporting day has an additional risk for investors as the data provided can gap up or down the shares price with very low liquidity and not honouring your buy/stop-loss orders. Have a look company's website to confirm time and details on the earnings call and the earnings report.