RH – Restoration Hardware Holdings – Stocks Trade Idea

TI-Logo-Reflection-150Restoration Hardware Holdings, Inc. (RH)

Stocks Trading Idea of the Week

 

Trade Ideas technology tells us that stocks with high short floats that trade above their respective 52 week highs continue to perform well for days after the initial 52 week breakout. Right now, RH is resting and consolidating under the 52 week high with a short float of 65%. The position in RH will be considered live above 48.91 as the Trade of the Week.

RH

The suggested stop for this trade is 44.25. The suggested target is nothing more than higher prices as the short sellers who were too stubborn to cover before 48.91 will drive the price higher until the pain is no longer forcing them to buy. Your job is to manage risk and/or sell along the way of new 52 week highs as they develop.

RH

You can also Check out “Holly” our New Artificial Intelligence Trade Ideas Investment Discovery Engine on our Showcase Page on the My Trading Buddy WebsiteYou Can also view our LIVE Stocks Watchlist on the My Trading Markets Analysis Magazine HERE – with Three groups of Stocks to Watch during the week. The Stocks Watchlist data will be for; Top 5 Stocks Up the Most over 5 Days % with Positive EPS, Top 5 Biggest % Movers into the Close and Top 5 Turnaround Candidates after Gap down.

You can also get Free Access to our Stocks Alpha Predator Scanner and Strategy here on My Trading Buddy – To Register for Free Access Click-the-button.-See-what-happens.-I-dare-you

Interactive Chart: We have included an interactive chart below where you can keep an eye on the RH, Restoration Hardware Holdings Inc, Stocks Trading Idea. Pop out the chart, change time frames and use drawing tools and lrge library of trading indicators.  You can do all your analysis on Restoration Hardware Holdings Inc, RHright here in this post.

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Founded in 2002, Trade Ideas software was created to be an edge for traders by accomplishing what no human can doówatch every trade of every stock and alert to profitable activity. TI Proís OddsMaker backtests and optimizes your strategies against the entire market, not just a basket of stocks. Donít spend hours researching, pouring over charts, or programming backtests. Get the Trade Ideas Advantage. Find. Test. Invest.

Trade Ideas

Founded in 2002, Trade Ideas software was created to be an edge for traders by accomplishing what no human can doówatch every trade of every stock and alert to profitable activity. TI Proís OddsMaker backtests and optimizes your strategies against the entire market, not just a basket of stocks. Donít spend hours researching, pouring over charts, or programming backtests. Get the Trade Ideas Advantage. Find. Test. Invest.

    One thought on “RH – Restoration Hardware Holdings – Stocks Trade Idea

    • mfarouky@yahoo.com'
      April 24, 2017 at 3:45 pm
      Permalink

      willing to try it one time.

      Reply

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