FLWS – Stock Analysis


FLWS analysis by Cortes

1-800 Flowers.com is a small cap stock traded on NASDAQ. It has been in a short range channel from $4.50 to $5.70 from August 2013 up until today. This chart looks beautiful! As you can see on the chart below, the price action today broke out of the channel to the upside. Now we need to confirm this as a strong and confident breakout in order to buy the stock or option and have the odds on our side. First, lets look at the volume.Today’s volume is a nice big green candle which confirms that todays breakout was strong, indicating a bullish sign with much more to the upside. Second, the MACD indicator has crossed and is moving upward, another bullish sign. To view my chart analysis and to read the rest of my analysis on this stock, Click Here .

Dont forget to follow and subscribe for free on my website for free daily stock, options, and forex analysis.

Instagram: @HedgeFundCCM

-Partnered since 2013

Advertisements
This entry was posted in stock market and tagged , , . Bookmark the permalink.

2 Responses to FLWS – Stock Analysis

  1. Pingback: Market Recap on 3-19 Stock Picks for 3-20 | HEREITFIRST STOCK MARKET MILLIONAIRES

  2. Pingback: Market Recap 3-20 Stock Picks for 3-21 | HEREITFIRST STOCK MARKET MILLIONAIRES

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s