$AFRM
AFRM has had some nice movement after finally breaking back above 17 area. Earnings coming up this week on Wednesday. If we see a positive reaction to earnings AFRM can run to the 23,24 level. If there is a negative reaction we can see a 5+ point drop to the downside towards 13 again.
Trade Idea:
AFRM 2/10/23 20 calls (ER Lotto)
Entry: Hold above 18 or...
If you haven`t bought PEP after my last call:
Then you should know that looking at the PEP PepsiCo options chain ahead of earnings , I would buy the $165 strike price Puts with
2023-2-17 expiration date for about
$1.83 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion...
Expecting move to 143 after the earnings report Wednesday, then continuation to 156
After 156 it needs to fill gap down to 122.68 and establish support there (will likely unfold by mid Feb. 2023)
The main move will come after support is established, goal target = 190 in March 2023
Expect pop to 480s tomorrow 1/26 then continuation to 520s by Feb 10th expiration
Last chance to get in on calls
This is the greatest stock of all time
SBUX seems to be showing a bearish divergence with the price action and RSI.
If you can look at the chart, see how the Price action is creating Higher Highs, and RSI indicator is creating Lower Highs. That is a bearish indicator.
Obviously, we do not want to make our decision just by using one indicator.
We also see a rising wedge (in yellow) which we can...
I you haven`t bought my last call on AAL:
the you should know that Looking at the AAL American Airlines options chain ahead of earnings , I would buy the $16 strike price Puts with
2023-1-27 expiration date for about
$0.36 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your...
SQ has been holding a downtrend for quite some time now; with buyers stepping in heading into earnings, we could see a nice bullish reversal coming and a breakout of the downtrend. Square's holding a massive falling wedge on the weekly timeframe, accompanied by some bullish hidden divergence on the RSI, Bollinger bands squeezing, and a huge bullish cypher harmonic...
AMZN has been holding a massive falling wedge for quite some time, and with buyers finally starting to step in as AMZN approaches earnings, definitely will be keeping a close eye on this one. Bollinger bands are squeezing (Not Pictured), Bullish ABCD Elliot Wave, some bullish hidden divergence on the RSI, and a double bottom all pointing to a breakout. However, a...
Right now the Puts for Citi expiring months out are very cheap and if we look slightly OTM we can see a put option expiring Mar 17th at the strike of $42.5 trading at under 40 cents. I could easily buy a bunch of these at a low risk and just see how it goes and that's what i will be doing. On the other end of things i will be hedging against my overall bearish...
Eyeing DAVA here after closing last week reclaiming its respective 50-day EMA. DAVA's been holding a massive falling wedge on both the daily and weekly timeframe. This is accompanied with its Bollinger bands squeezing on the weekly timeframe and a Bullish Cypher Harmonic Pattern as it heads into earnings. Additionally, on the daily timeframe DAVA is holding the...
AAPL is looking quite nice here after reclaiming its 50-Day SMA. AAPL is currently testing the upper trendline of this falling wedge on the daily timeframe, while simultaneously flagging on the weekly timeframe, accompanied by a bullish butterfly harmonic pattern, a MACD golden cross, and a double bottom (See Attached Chart Below). While all signs point to...
RUN is benefiting from the federal incentives policies. As shown on the chart
Price has risen 48% since the earnings report which was quite favorable.
It is consistently above the Ichimoku cloud and is now in a consolidation.
I see this as a good swing-long setup with the stop loss under the cloud
or instead wait for a pullback. The target would be $37 at the...
Order BUY MPWR NASDAQ.NMS Stop 347.57 LMT 347.57 will be automatically canceled at 20230401 01:00:00 EST
MPWR daily indecision candle after earnings and moving averages cross ABC correction looks complete whether a 5 wave setup up or grind in the bull flag we should hit at least 1.2R of we clear this candle from above.
Early morning TSN will release quarterly earnings results. Friday before the market closed I saw some bearish contract flows on the 18 Nov 2022 expiry date for this underlying stock. Personally, I am not a big fan of playing earnings for the short term. Based on my quantitative analysis model I found that TSN stock is now at one of the lowest volatility levels....
• Since our last analysis on AMC, I warned about a top sign at $6.80 (link to my last analysis below this post);
• Now, AMC hit our target with an astonishing precision, and we see some reaction. Could this be a bottom sign? Maybe.
• It all depends on how it’ll react today, and earnings won’t make things easier. If it loses our support at the red line, AMC might...
Love the earnings gap up on this one with some daily consolidation underneath 180. Volume a little low on this one, but if we see a vol spike through 180 I will be buying through that area. Oil and Gas stock here.
AG is sitting at the supply zone of this potential Bear Flag and has been once rejected from the 200 Day Moving Average. AG now reports earnings in 2 days and i have bearish bets on those earnings in the form of multiple April 21st PUT Options at the Strike Price of $8 and now will be hoping to see a square-up of the range lows.
