Get ready, traders! The highly anticipated earnings report from NVIDIA Corporation (NVDA) is just around the corner, and analysts are placing their bets on a target rise for this tech giant. If you want to make serious gains, now is the perfect time to consider going long on NVDA. Analysts have been closely monitoring NVDA's performance, and the consensus is...
ARIS on the daily chart is consistently rising with big earnings beats both in the past month and early May. The ZL MACD is curling up towards a cross of lines under the low amplitude histogram. The dual time frame RS indicator shows consistent lines above the 50 and the lower TF line in green above the higher TF line in black. Stock is 20% higher in 3 months...
Tesla over the weekend said its first much anticipated Cybertruck came off the electric vehicle maker’s production line in Texas. The debut of the long-delayed, futuristic-looking pickup truck comes in the lead up to Tesla’s second quarter 2023 earnings call. Tesla CEO Elon Musk first introduced the Cybertruck in 2019, but vehicle production has repeatedly been...
If you haven`t bought X here: Then analyzing the options chain and the chart patterns of X United States Steel Corporation prior to the earnings report this week, I would consider purchasing the 26usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $1.24. If these options prove to be profitable prior to the earnings...
Details: Walmart ( NYSE:WMT ): Over the weekly time frame, Walmart saw an impressive gain of 22.51%, highlighting a strong trend in its stock performance. S&P 500 ( AMEX:SPY ) : This ETF tracks the S&P 500 Index, a benchmark for 500 of the largest companies in the U.S. stock market. During the same period, AMEX:SPY recorded a gain of 16.17%. Consumer...
Observing the trading chart for this particular equity, it's evident that the security has been encapsulated in a range-bound, or "rectangular," pattern since 2018, with the central pivot point firmly established in the $0.20 vicinity. This technical analysis, combined with strategic stock purchases by the CEO and other insiders, signals a strong vote of...
Slightly after earnings Fortinet Gapped down. Which are my favorite kind of stocks to trade because 9 times out of 10 Gaps close. Fortinet had many analyst reiterate Bullish price targets some up to $70. I'm looking for a retest at $60. Forecasting out to nov 2nd. The next earnings should be interesting. Williams, MACD, & RSI are all showing Oversold in this...
The real economy (Inflation adjusted) has barely grown by $1 trillion in almost 4 years. Let's take a moment and go back in time and read what the Congressional Budget Office was forecasting in 2019. "At $16.8 trillion, debt held by the public at the end of 2019 was equal to 79 percent of gross domestic product (GDP), far greater than the average debt for the...
Analyzing the options chain and the chart patterns of PG The Procter & Gamble prior to the earnings report this week, I would consider purchasing the $152.5 strike price Calls with an expiration date of 2023-8-4, for a premium of approximately $2.97. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
With a lot of attention ahead of its earnings report, NYSE:QS had a volatile reaction to the report yesterday, but it is one of several companies vying for dominance in Solid State Battery technology. Auto parts are a niche sub-industry of Electric Vehicles to pay attention to for both short term and long term. From the weekly chart: The stock is building a...
Yes, I think that it is. On the 15-minute chart, the price action of the post-earnings drop is seen The earnings beat the analysts. Price has started a low momentum recovery. The dual time frame RSI shows the low/blue line RS rising above the high/black line. SNAP is in the deep oversold and undervalued territory in the area of the lowermost...
CMG had earnings today which were a beat but apparently less than expectations of investors and traders. On the 15-minute chart, the indicators support a reversal with a bounce on the dual time frame RS lines showing a bit of bullish divergence. Decelerating bearish momentum on the MACD with lines converging under the histogram suggests a reversal is...
If you haven`t sold SNAP here: or ahead of the previous earnings: Then analyzing the options chain and chart patterns of SNAP prior to the earnings report this week, I would consider purchasing the 13usd strike price Calls with an expiration date of 2023-7-28, for a premium of approximately $1.34. If these options prove to be profitable prior to the earnings...
Earnings brought forth a pretty big sell off. In hindsight, the oscillator cross yesterday was initial indication a short was the right play, but ER could have gone any which way making that a signal lacking confidence. What happens now is the question. We've cleaned up this chart a bit: My long trade was wrapped up on 7/17 2 gaps are gone 3 larger gaps...
If you haven`t bought BAC here: Then analyzing the options chain of BAC Bank of America Corporation prior to the earnings report this week, I would consider purchasing the 30usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $0.83. If these options prove to be profitable prior to the earnings release, I would sell at...
Lockheed martin earnings play. This stock has my interest with multiple contracts with the government and missing 1 of the last 5 earnings. Lockheed is no stranger to getting multiple contracts. A lot of constant contracts coming in with government agencies and commercial airlines. For a month it has been consolidating jun-jul and recently broke out of...
WDFC, the manufacturer of WD-40 ( sprayable graphite) had a great earnings beat and a celebratory pop of 5%. My question is whether it can continue? On the 15 minute chart I have added four indicators and what they might indicate: (1) the Lorentzian Machine Learning Alert System with default settings with a few removed which shows the initial buy signal of...
NASDAQ:NVDA has shifted sideways since the huge earnings breakaway gap, a pattern that tends to provide strong support for profit-taking. Unlike NASDAQ:AMD , the trend doesn't appear to be at risk of shifting into a downtrend at this time. While there has been some negative news pertaining to China for NVidia, the chart patterns don't indicate any concern from...