Boeing had a near disastrous start to 2024 with a Malaysian part falling off a MAX jet at 36,000. Incidentally, going viral is that an iPhone survived the plunge fully functional. 20% got shaved off the market cap. I bought the low with calls at $215 expiring March 15'24. They did 80% for the week and 16% today. News catalysts are that an East Indian...
The previous power earnings gap resulted in small consolidation and a wave upward. With another recent strong earnings followed by a small consolidation hints towards history repeating itself. This is a relatively safe mid-long term play. Best of luck!
Take note of NYSE:HD 5 Month uptrend. Based on Mark #Minervini criteria and economic conditions where interest rates are high. Home upgrades tend to remodel or renovate their homes. Study $ANF. LONG!
Meta Platforms soared nearly 22% in late day trading on Thursday, nearing the $500B market cap level, after the Zuckerberg-led company's fourth quarter results and guidance were better than feared. The Nasdaq and S&P 500 ended higher on Thursday and touched roughly five-month highs as a more dovish than expected message from Federal Reserve Chair Jerome Powell...
AAPL has recently broken below its 1 year upward signaling more selling to come. This pivotal event comes at a time when Overall market sentiment is showing extreme greed (selling soon follows this level) Recent rally have been prompted by one stocks excellent earnings (NVDA alone cant hold up the economy) AAPL has been trend down rather steadily for a...
NASDAQ:APP has an outstanding chart in my opinion. I've been following this stock for years now and waiting for the right time to get in. Although it's already rallied 70% YTD, the momentum this particular stock has combined with it's increasingly impressive earnings reports make it a strong buy. They have been steadily increasing cash flow on top of...
FSR is shown here on a 30 minute chart on the move up in the approach to earnings on February 29th. For comparison purposes only TSLA is shown sideways with the purple line. FSR has started a VWAP band breakout into the area of the mean anchored VWAP where it could pick up institutionally based trader interest. The growing volumes of trading are obvious...
Fundaments are pretty strong. PRICE < BOOK VALUE, Strong promoter holding, EPS increasing but PE is steady. TARGET 1 : 650 TARGTE 2 : 730 **These are my personal observations. Please trade at your own risk.**
SNOW beat the earnings estimates by 150% and slightly exceeded revenue estimates. Price dropped in printing a bear flag in a 22% move yesterday at the close. Buying from the bottom has begun and I have the idea that I should join. My pre-earnings play was closed going into the earnings in the high liquidity that proceeds it. I got my ask price on that...
VERX on the 15 minute chart demonstrates printing a high tight bull flag pattern in its bullrun after the earnings report was a two line beat much like the one a quarter ago. VERX has impressed traders including this one who got in on the ride early. I will trade this like others recently with a similar pattern. I will hold during the consolidation and watch...
In the past months investors have been watching carefully the recovery of Coinbase as one of the biggest partners in the financial industry as crytocurrencies seem to recover from the last downturn. Many investors, traders and fans of crypto have been watching with a lot of hype the launch of the ETFs; which hasn't resulted in what most of them expected: a massive...
After following the recent financing deal, OTLK shares has potential to fall up to 0.12c / share. Additional upcoming risk of reverse split being under 1$ for considerable time.
In my humble opinion, it should work At the moment, we can talk about the formation of the "cup" pattern In the not-too-distant future, we'll see handle
The last earnings report on September 30 showed earnings per share of 49 cents, missing the estimate of $1.25. P/B Ratio (3.601) is normal, around the industry mean (3.775). P/E Ratio (50.264) is within average values for comparable stocks, (50.885). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.334). Dividend Yield (0.000)...
The last earnings report on September 30 showed earnings per share of 49 cents, missing the estimate of $1.25. P/B Ratio (3.601) is normal, around the industry mean (3.775). P/E Ratio (50.264) is within average values for comparable stocks, (50.885). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.334). Dividend Yield (0.000)...
I remember when this company had a Super Bowl commercial. I remember its IPO. I am also familiar with its platform, which I still use to this day and was surprised to see how far its fallen. Can it ever make a come back? A few things stand out to me: The company has cleared its debt, a significant move that shifts its financial landscape from leveraged to...
SNX is in a medium term uptrend, squeezing (bullish) and has earnings in 3 weeks. Options volatility is in the sweet spot and should rise a good 10% into earnings. Average 21 day price gain over the last 4 quarters has been $4.55. I'm looking to buy call butterflies centered at the $105 strike. I think I'll also look at the unbalanced downside PUT fly for a...
Today NVAX is selling for a tiny fraction of its all-time high as shown in a previous idea. Earnings is coming this upcoming week. This week NVAX news release showed it had settled a years long litigation over a failed COVID. In the face of earnings around the corner, was this news release a coincidence or instead a case of excellent executive and legal...