$MSFT has been down trending following this parallel channel's support & resistance, now testing resistance at $280 which is perfectly aligned with the daily 200MA & 0.5 fib level. Fundamentally, fear from Q3 results because of interest rates hike & recession doubts, share holders will take partial profits at $280 or a little bit higher protecting themselves from...
Truworths has formed an M Formation over the last few weeks. The price broke below the neckline and now it looks like the next target is in play. 21=7 - Changing Price >200 - Bullish RSI <50 Bearish Mixed view with bearish bias. Also it seems that the market is not appreciating the Truworths $JSETRU 1H 2023 results. Revenue R11.73 billion, +14% y/y Net...
Looking at theDIS Disney options chain ahead of earnings , I would buy the $115 strike price Calls with 2023-3-17 expiration date for about $4.05 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 about it.
PM retains a client base for decades, and a good funnel right before earnings. The textbook bullish funnel with 3 support points vector and 3 resistance points vector, the conclusion is nearing close to the earning date. Brake might be significant in either direction combined with the statistical probability of positive earning due to the past 15 WWWWWWWWWWWWWWL....
After news came out about their new initiative to give people on the way to a job interview a free ride, my eyes have been on LYFT. I immediately took note of their fundamentals.. whew! In its history, its only missed earnings twice! In my opinion, LYFT has longevity potential! With earnings coming up next Thursday, I love the position this stock is sitting in...
Perhaps the earnings on Thursday causes this to break to the upside with a surprise, but the technical indicators are suggesting a drop which could bring us to the $285 range. Should this break lower we could see the $150 range again. While I understand there are several analysts predicting a bullish run with NFLX, it would not be a rusprise to see this move...
The Weekly Chart of AMZN shows that the stock has dropped into a strong support price level with a risk that there could be a Dark Pool Buy Zone here. The share price is now below fundamental values. With a month before AMZN reports earnings, it will be interesting to see how the stock behaves; it will reveal how well AMZN is recovering from the hyper revenues...
The stock has been performing well ahead of its earnings reports, thanks to the news that DBS will be the bank to utilise MaxxDigital – a digital asset platform that provides risk and FX solutions for institutions. Whilst Singapore’s regulators continue to clamp down on crypto trading for retailers, Singapore wants to become a digital-asset hub within the...
If earnings are perceived as relatively good to the shareholders then the share price will most likely catapult through the almost-year-old resistance trend line. If earnings are perceived as bad to the shareholders then earnings will most likely move towards the bottom resistance line (Most likely to happen). Before making a position I would wait until after...
Hello ladies and gentlemen, according to my chart analysis and the earnings of mastercard , there is a high probability of an increase towards over 329.20$
Market Makers are selling off large caps and shifting funds into Indexes in order to hold the market up for a complete exit on large caps since they'll be hit the hardest by a crash event and another rate hike. Apple earnings are today after hours, and appear to be the last decider for this earnings weak, amazon and apple both hold the largest weight for SPY. Meta...
NASDAQ:AMZN Giant, rated as one of the most stable blue chips out there. Unless the earning report is way below expectations the price is likely to bounce off the support levels from before the split action 5 months ago and transit into a trend reversal formation. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a...
NASDAQ:AAPL has a "high" Earnings Quality Ranking for the 36th consecutive week. Earnings quality refers to the extent to which current earnings predict future earnings. NASDAQ:AAPL Introduces Next-Generation iPad Pro, Supercharged by the M2 Chip on the 18th, and the news was reflected in trend reversal formation on the chart. Risk Disclosure: Trading Foreign...
Traders, Do not underestimate an earnings miss on Tesla tomorrow. Earnings est. is $1.00. If missed: 1. It could trigger the start of the massive bearish H&S pattern. 2. It will bring down the Nasdaq with it. 3. Nasdaq will bring down other indices like the SPX. 4. SPX coming down could break its critical support that has held up thus far. 5. Investors tend to...
China stocks are entering an exciting earning season combined with the upcoming major holidays. NYSE:BABA testing the 70s range and bouncing of March 22 lows. The political pressure, production shortages, and raise of materials have been dragging NYSE:BABA lower and lower. Optimistically recovering to the 110-130 range in the next 6 months is a very likely...
If you haven`t longed ZM Zoom with me here: Then you should know that $80 is the price where i would long it once again after the second-quarter revenue miss. Looking forward to read your opinion about it.
JSE:APN mini rally following a positive trading statement quickly fizzled. Aspen JSE:APN reporters that EPS will be between 32% - 37%. Audited results are coming this week, the numbers are expected to remain the same. The share is trading below key levels, the stock will need great numbers to push the price up, a promising setup is the price trading above...
BABA had strong earnings and beat earnings expectations. The stock popped and retraced back however it is showing nice support on that right shoulder along with XPEV and & NIO. I like these stocks as a buy here and think they can easily reach the neckline resistance by the end of the month. They They have all broke their respective downtrends. XPEV & NIO have...