Analyzing the options chain and the chart patterns of CL Colgate-Palmolive Company prior to the earnings report this week, I would consider purchasing the 75usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $3.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
The price drop slowed down on an all time low demand zone. And as per the price action, it seems we might see a small trend reversal up to $70 area where the price will hit strong supply area. But if the price closes below $60, we will have to reconsider our entries.
If you haven`t bought KO ahead of the previous earnings: Then analyzing the options chain and the chart patterns of KO The Coca-Cola Company prior to the earnings report this week, I would consider purchasing the 55usd strike price Calls with an expiration date of 2023-11-17, for a premium of approximately $1.14. If these options prove to be profitable prior to...
If you haven`t bought MMM ahead of the previous earnings: Then analyzing the options chain and the chart patterns of MMM 3M Company prior to the earnings report this week, I would consider purchasing the 87usd strike price Calls with an expiration date of 2023-11-3, for a premium of approximately $2.39. If these options prove to be profitable prior to the...
I bought some calls, I think price is going to bounce from the trendline. Low risk, I didn't' buy too much.
The price established itself on a strong demand zone and seems like its going to make some gains up to $543,000 area. Upon reaching that area the price might break through the supply zone, in which case we can expect a rally to the last high of $566,000. Or else, the trend will reverse back to its current point.
If you haven`t sold LW here: Then analyzing the options chain and the chart patterns of LW Lamb Weston Holdings prior to the earnings report this week, I would consider purchasing the 90usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $2.02. If these options prove to be profitable prior to the earnings release, I would...
Analyzing the options chain and the chart patterns of USB U.S. Bancorp prior to the earnings report this week, I would consider purchasing the 32.50 usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $0.77. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
Spy is a buy right now. We are in a demand zone and heikin ashi candlesticks have turned green. I would wait to enter until we have a strong green candlestick on the 15 minute with high volume. #SPY
As you can see here on the 15-minute chart we are in a channel. I drew this channel on the hourly time frame. We have recently formed a double bottom on the daily chart and we had a massive green day today. I am looking for a breakout and retest on the resistance-turned-support bounce with high-volume calls. As always thank you for reading my analysis.
Analyzing the options chain and the chart patterns of WDFC WD-40 Company prior to the earnings report this week, I would consider purchasing the 190usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $2.00. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
Good morning traders. As you can see here on the 15-minute chart we are in a channel on spy. Looking at the daily chart. We seemed to have made a mini reversal to the upside. So, I will be looking for a break of this resistance at the 438.15 level, retest, and bounce to the upside within this week. Thank you as always for taking the time to look at my analysis.
Hello all, As you can see here on the 15-minute chart we are in a channel. I drew these lines and supply zones on the hourly chart. I am looking for a bullish breakout and retest of resistance with a high volume bounce off with good volume on the Hiekin Ashi candlestick chart. I am looking long because the market seems to go where the liquidity is. Thank you for...
If you haven`t sold JPM here: or reentered ahead of the previous earnings: Now analyzing the options chain and the chart patterns of JPM JPMorgan Chase & Co prior to the earnings report this week, I would consider purchasing the 147usd strike price Calls with an expiration date of 2023-10-13, for a premium of approximately $1.91. If these options prove to be...
Trend seems to be reversing around this demand area. Potential entry points here would be $27, $26, $25 depending on how the price behaves at each level. Upon reversal I expect the price to hit $30 or $32 where we reconsider our position, again, depending on the price movement.
As you can see here on the hourly timeframe we have formed some trend lines. I feel like we will open up tomorrow red and then if we can close above the top trend line above vwap and with good volume on the 5 minute chart I feel as though we can get a nice pop. Be careful tomorrow is a FED meeting!
As you can see here, we have bounced off of a major trend line and the YTD VWAP as well. The MACD is about to cross and the RSI hiekin ashi has flipped from oversold to green. This is all on the daily chart.
Here, as you can see on the weekly chart, we have formed a double bottom. We are also bouncing off of the 25 EMA as well. The volume was a little higher than last week. And we have had 2 green weeks in a row. Also, the MACD has turned bright red indicating that potentially the selling pressure has subsided. Also, the technicals are all pointing bullish. Also, on...