AAPL has been rock solid this year as illustrated by the daily chart. It is no surprise that AAPL is Warren Buffets's biggest holding. The earnings were a top line beat with revenue flat. New iPhone sales are off. The TSLA idea of dropping price to boost demand and trying to maintain margins will come into effect. The dip this week is remarkable given the...
AMRX is a penny biotechnology stock with earnings out on the Friday the 4th. As you can see on the 15 minute chart, it took off out of consolidation on Wednesday afternoon in a burst of price volume and volatility into an ascending parallel channel. I will buy the stock in the pre-market attempting to exploit the momentum going into earnings. If there is a...
If you haven`t sold FSLY Head and Shoulders bearish Chart Pattern here: Then analyzing the options chain and the chart patterns of FSLY Fastly prior to the earnings report this week, I would consider purchasing the $17.50 strike price Calls with an expiration date of2023-9-15, for a premium of approximately $1.97. If these options prove to be profitable prior to...
SQ ER analysis is here. I am bullish. Please understand the process of rice which has been clearly explained in the analysis. NOTE:DO NOT TRADE OPTIONS
If you haven`t sold when ARK did: or when the CFO left for WMT: or reentered this dip: Then analyzing the options chain and the chart patterns of CAT Caterpillar prior to the earnings report this week, I would consider purchasing the 73usd strike price at the money Calls with an expiration date of 2023-8-25, for a premium of approximately $4.35. If these...
Always keep an eye on LAC, however, I've never seen it hold within a falling wedge for as long as it has, while heading into earnings. LAC is still holding the same massive falling wedge on the daily and weekly timeframes. LAC has a nice double bottom and MACD golden cross on the daily timeframe, accompanied by a bullish cypher harmonic pattern. Bullish and will...
On Friday the 28th SOFI had a good day. I am looking for more of the same going into earnings. It dropped through the middle VWAP bands and remarkably rebounded. Great volatility to be exploited. Some consolidation at the +1 Standard Deviation band is normal and healthy. SOFI as a financial technology has been honing its margins in a challenging...
Analyzing the options chain and the chart patterns of CFLT Confluent prior to the earnings report this week, I would consider purchasing the 45usd strike price Calls with an expiration date of 2024-4-19, for a premium of approximately $4.35. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward...
With upcoming earnings on August 4th, as shown on the @H chart, FUBO is moving. The set of three EMAs (35/70/280) show an impending crossover the longest EMA and a golden cross between the other two has already occurred. The MACD demonstrates the bullish momentum. The dual time frame RSI has the low/green line crossing the 50 level from well below it and...
OPEN has earnings upcoming on 8/3. An analysis of the 4H chart with overlays shows bullish momentum in the set of zero lag EMA lines as well as upgoing anchored VWAP landlines. Price crossed over the mean VWAP ( thin black) and the POC line of the volume profile one month ago. The MACD shows bullish momentum since July 24th. The dual RSI indicator shows the...
SBUX fell going into earnings in early May and continued down all of May then pivoting into a slow climb on this 2H chart through the lower anchored VWAP bands until the present where it is about to cross the mean VWAP lines as signaled by an engulfing green bar after a Doji. The dual time frame RSI lines have both near the 50 levels with the lower in green...
DASH has earnings upcoming in two trading days. Since the last earnings three months ago, on the 4H chart, DASH looks to be very healthy and decidedly bullish. The nearly continuous MACD lines above the histogram say it all. The PVT shows occasional pullbacks of the price volume product which are the ideal entries for a long-term swing trader or investor. ...
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...
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...
Boeing had a big pop from very favorable earnings today. So far there has not been a fade or retracement. The relative strength lines however topped out and then retreated a bit signaling bearish divergence with the lower TF below the higher black TF line. Likewise, the MACD indicator is showing a line cross above the histogram whose amplitude has dropped...
As can be seen on the 2H chart, Macy's last earnings on June 5th was afavorble beat resulting in first an uptrend and then a sideways price movement for a month and a half. Earnings are expected on 8/22/23. Price has had dynamic support at the mean VWAP anchored in April while the dynamic resistance has been two standard deviations above that represented by...
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...