Trade idea for NVDA. Probably will have another 1 or 2 red days then I expect a nice bounce pending good earning reports. If not then "see ya" *wiz voice
It can be tough sometimes to play ER, but I commend those who have the nerves to consistently play ER's. We know prices can go either way when dealing with earnings.
A company can beat on ER and gap down, a company can miss on earnings & gap up. Sometimes it feels like playing the lottery with ER plays.
There are some things you can notate before you play an...
This has the setup to really go, point target = 155 by May 20 (the yellow highlighted date that is covered up (oops) is 5/20).
- target range is 130s to 160s by May 11 - early June, depending on if the price can keep up with time!
- initial/moderate target is 114, which is a statistical adj. target, I'll likely play calls with this as goal target by May 20 (and...
$PLUG has earnings this week, Monday May 9th after the market closes. My sentiment for obvious reasons I hope.
$PLUG currently has a head and shoulders trading within a descending triangle on the daily and weekly. I kind of don't like the head and shoulders because the first shoulder doesn't touch the neckline but nonetheless There's also a small gap from 17.7...
Target
Short Term - We look to Buy at 160 (stop at 140)
This stock has recently been in the news headlines. They reported a surprise earnings miss and this sent the share price plummeting in the premarket. This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside. Dip buying offers good risk/reward. Further...
Cisco Systems
Short Term - We look to Buy at 40.15 (stop at 37.59)
This stock has recently been in the news headlines. They reported earnings and missed quarterly revenue estimates. This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside. Trading close to the psychological 40.00 level. Further upside is...
Ross Stores
Short Term - We look to Buy at 62.32 (stop at 53.59)
This stock has recently been in the news headlines. They missed revenue estimates for the 1st quarter. Broken out or a triangle formation to the downside. Measured move target is 61.00. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. A higher...
Even without chart pattern indicating bounce from here I am a Buyer of shares and mid term calls at this level.
Could be a bullish AB==CD with slightly inflated ratios. I realize the general ratios for these are 0.618|1.618 but I have performed backtests on this pattern in general and there is some wiggle room around these, COIN fits the bill here with the ratios...
I posted a bullish UPST view recently, but I want to add some important observations that should be noted for anyone playing this tomorrow:
-I can't pretend that unfilled gap from last April-May around 61 doesn't post a major risk here. However, take a look back at the price action last May earnings and you'll notice a common theme, namely, pre-earnings the price...
Buying an ER play on Apple. Opened three Apr 29 155p / 162.5c net debit 5.55. Expect calls to profit but who knows, its nuts.
IF it tanks the puts will pay well IMO so i went a bit farther OTM on the short side. Stock trades at 160 on opening. Moving up now.
Wish us better luck than Meta! LOL
$ROKU has earnings coming up on the 28th I believe and is in a text book "double top" pattern. I got price targets of $93.45, $87.83 and $81.90.
It's crossed over the neck line @ $99.64 on the daily. A daily candle closed under $99.64 would probably be the safest entry but I'm already in 4/29 $80 P and 4/29 $75 P.
Generally speaking Roku usually follows $NFLX....
Palantir Technologies is scheduled to announce Q1 earnings results on Monday, May 9th, before the market open.
The consensus EPS is $0.04 and the Revenue Estimate is $443.51M.
On the chart, we see a breakout of the support level, but the earnings report will give us a confirmation of whether the breakout is real or fake.
Worse than expected results will push PLTR...
TATAMOTOR is breaking down from the symmetrical triangle and retested diagonal+EMAs today on 4h TF .
Good R:R setup
Lets hope earnings volatility goes in our favour
I thought I wrote the filler text and was like wow. I’m good. Anyway, bullish setup unless it breaches 2551ish (wherever wave 1 high was, can’t go below that or EW invalidated. Most likely it begins move up to 4200-4500 to complete wave V. SPY also trying to complete wave IV/start wave V.
I posted a more near term scenario on post earnings move statistically...
Hello traders and investors! Let’s see how AMD is doing today!
First, in the 1h chart, we see a strong bear trend, and there’s nothing indicating it’ll reverse. As long as we keep seeing lower highs/lows, we can’t say it is a buy.
However, AMD has a few key points that if broken, it could trigger a reversal. First, we have the 21 ema, working as a resistance for...
The analysis I ran is mainly statistical, so the chart isn’t going to show that. But the idea is high probability of AMZN trading with increasing volatility post earnings.
Yellow boxes are MMM range to up - and downside since Monday. The horizontal rays are where I see it going by the dates marked.
Not financial advice but I’m OTM both ways and will add to the...
