Hello Traders,
If you missed the big move, don't fret, it looks like there's plenty more upside from here.
As you can see, the price action tells a pretty clear story. ABNB is a BUY.
Let's analyze the chart. ABNB gaps up after the stronger than expected earning report, moving far above the September resistance that had it in a channel.
Once it makes it's move...
APPS - it's time to go long again
Digital Turbine delivered strong earnings and is ready to go up.
Technically is also looking good, sitting and consolidation around a strong support level for a while
Buy now @ 105
Take @ 116 (+10%)
Stop @ 101.2 (-4%)
Take advantage from price plunge on last earnings report. Stop at the near levels, take at pre-earnings report level.
I do not recommend this stock as a strategic one for a long-term portfolio, due to the same group (S5INDU) peers with much more prettier risk/reward ratio, than UPS)
Hasbro is a big toy company, one of the largest in the world. Today is New York Toy Fair (21.02.2020) this may impact positively 1st quater of 2020 for HAS.
The price on it's lows after weak earnings report, and it seems to me very pretty!
Buy @ 98.8
Take @ 115.0 (+16%)
Stop @ 95.0 (-3%)
Close stop, long run! It may take a few months to get to the take, be...
Buy @ 45.5
Take @ 56.0 (+23%)
Stop @ 44.0 (-3%)
Use after earnings price plunge to gain +20% on the stock. Close stop guys!
I do not recommend to hold this stock for long-term investemnt portfolio (too volatile, weak performance for last 12 months).
Box stock after earnings, Implied Volatility Rank kept 99%.
Sell Oct 19 Strangle options:
put@21
call @30
$1.20 credit profit collected
Market neutral outlook.
Take profit at 50% of credit, and stop loss at 2x of credit.
