TWTR gapped beyond the trading range highs after a strong earnings report. If TWTR can hold above the prior trading range highs, this will be a completion pattern. Note the compression of price near the highs of the trading range prior to this big gap.
Last week's analysis suggested that Grubhub could make an attempt to breakout in the form of a cup and handle. However, Thursday's action negated this potential. Instead, it's shaping up as a great short opportunity, especially with earnings being reported this upcoming Thursday (4/25).
If it's true that Q1 earnings are consistently featuring reduced guidance,...
Square has been extremely volatile over the past year, acting as an ATM for bulls and bears alike. From a purely fundamental perspective, their revenue is directly correlated with the health of American small businesses. Fewer swipes results in fewer merchant fees. The same could be said of their lending product, which requires a healthy revenue stream in order to...
TSLA earnings coming up Apr 24th. We are sitting on strong support right now with triple bottom formed on daily chart @255. Will we hold here and move back up to the resistance at @380, or will we break below 255 and move lower?
From the high at 218, Facebook experienced a strong decline to 123 despite the positive earnings registered, approx. 43% value loss. Since then a reaction to the upside is in place moving inside the ideal distribution area and attractor, increasing the probability of a higher degree incomplete bearish sequence. Currently the price is in non-trend zone at daily...
WDC is completing a bottom formation ahead of its earnings report due out later this month. The bottom has a shift of sentiment pattern seen in volume-based indicators. Candlesticks show pro traders are controlling the stock price as some smaller funds sell out as the bottom completes.
CSCO is one of the very few Dow 30 components at a NEW all-time high. CSCO is riding on new technology in 5G and other areas. The gains are slowed down by some selling but the steep angle
of ascent has continued. The stock is poised to shift sideways ahead of its earnings report date.
NASDAQ:AMRS came up on my stock screener as a likely candidate for a long bounce. The 14 day RSI was below 30, and the stock was currently sitting 5% above it's 20 day low. There are other ways of identifying a bounce, but this way is just as good as any other.
I started digging into why that may be and came across a sour earnings report after a positive spike...
Twitter twitter, the 'always short on earnings principe' now? The thing is, twitter stock is undervalued, but the company does not innovate enough to let the stock keep rising. You would thinks the price would go up because they added the night theme?
MCD has a pre earnings run underway. It has broken out of a long-term trading range to a new all-time high. The technical indicators are diverging from the price action, indicating the rising risk of a retracement due to profit-taking.
$SPY - with its consistent grind for the month of April, we have finally found ourselves approaching ATH (All time highs) from back in October 18'. All indicators illustrating market breadth is exhausted and due for a pullback. With earnings and volatility arising in the majority of S&P names, we will be mindful of both directions the market can take. For healthy...
HD broke out and above the short term resistance levels of a bottom completion area. This bottom is an intermediate-term bottom formation. The breakout has support to sustain the gains and is occurring ahead of the earnings season which provides potential for a pre-earnings run which tend to be fueled by pro traders, who provide sustainable momentum runs....
If NASDAQ:GPOR escapes $7.20 & green area, then it could be a good place to long for upcoming earnings on May 2nd.
Past two earnings reports have been ~60% beat, that doesn't mean this time will be the same but I'd wager there's money to be made from long positions.
Negative side: weakening natural gas outlook by most analysts.
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I'm a little late on publishing this idea, but I'm not late on holding on here. Carmax is currently getting two monthly payments from our household, so I know this company is generating a cashflow, and so does everybody else after their solid 11% earnings surprise about two weeks ago. I've been holding and watching and waiting to publish before seeing a trend...
PAYX had a strong earnings report and continues to climb upward slowly making new all-time highs. The completed double, aka W, bottom is a short-term bottom formation that provides moderate to strong support if more profit-taking occurs.
AAPL has a pre earnings report setup. The pattern is stepping upward ahead of Apple Computers’ first quarter report for 2019. The candles indicate this is a professional trader pattern. HFTs may gap this stock on the day of the earnings release.
Per TradingView, Cloud Peak Energy's Next E.R. Is This Friday
I think this stock has some pretty good looking T.A.
- OBV is kissing a critical resistance level.
- Chaikin Oscillator had an explosive move up from its' low on this daily timeframe. It seems ready to test the 0 line soon.
- It's broken overhead resistance on higher volume than we've seen it...