The S&P 500 broke down below its 50DMA again and looks set for a 200DMA test. This move confirmed earlier bearish signs. S&P 500 Breakdown Confirms Earlier Bearish Signals drduru.com $SPY $QQQ #AT40 #T2108 #VIX $IWM $CPB $NFLX $LEN $EEM $RHT $THO $WGO $WYNN $AUDJPY #forex
This week: three candidates for directionals and one nondirectional premium selling play ... . CPB: Although timing could have been better to catch the absolute bottom in this, implied volatility rank and background implied volatility remain quite high in this underlying (61/35). Given price weakness coupled with high implied volatility rank, I would think that...
Well after an epic earnings miss CPB looks to be at the very bottom of its range. Looking at the weekly chart going back to 1986-ish you can see that Campbell's doesn't break the bottom of the upward sloping trendline drawn in red. I'm going to wait just a bit to initiate a position, as we still may see a little more downward movement, but then I shall be a...
How do you lose $393 million dollars in one quarter? Step 1. Run social justice ads that don't work in the consumer staples space, and - Step 2. Spend more money to put the same poor product in refrigerated and other higher-cost space. How do you make things even worse? Step 1. Say your profits are going to fall, and instead of being honest - Step 2. ...
saving the chart of another bought out company notice the candles before the announcement 12/18/17
CPB seems forming a fallen angel pattern. It also looks like a potential longer term downward channel, and at this moment it is reversing from the lower channel line. It has good insider buying. Overall it looks very good long setup. We would consider $52.50 November Calls $2.15 or $57.70 November calls are $0.55 * Trade Criteria * Date First Found- July 25,...