Analyzing the options chain and the chart patterns of MITK Mitek Systems prior to the earnings report this week, I would consider purchasing the 15usd strike price Calls with an expiration date of 2024-9-20, for a premium of approximately $1.75. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NASDAQ:MITK Bearish To Bullish Reversal, parallel down trend that started in September of 21. The break of the down trend started in August of last year and now its basing for over year. Perfect example of a bearish to bullish reversal. Mitek Systems, Inc. is a technology company specializing in digital identity verification and mobile capture solutions. They...
We have very good trading ideas on USD pairs and also 2 stocks that I am currently watching for possible entry. USD pairs are heading for monthly open in my opinion and I will be willing to enter if it reached there. ( 8 Min. Video) let me know what you think and follow for more
Hello everyone, if you like the idea, do not forget to support with a like and follow. WEEKLY: Right Chart MITK is overall bullish and now approaching a support zone in green 12.0-13.0 so we will be looking for buy setups on lower timeframes. DAILY: Left Chart MITK is forming a channel in red but the upper trendline is not valid yet, so we are waiting for...
MITK approaching massive monthly chart breakout potential here. Take note.
MITK is forming a possible flag formation. It also seem an advance fallen angel formation. We think it has good upside potential and it can be a momentum continuation trade. * Trade Criteria * Date First Found- May 6, 2018 Pattern/Why- Possible flag formation, advance fallen angel formation Entry Criteria- Current Levels ($ Exit Criteria- 1st Target $9.70; 2nd...
With the recent insider selling along with overall technical weakness, we took a short position on MITK. We also took Sep16, & Jul16, 7.5 put. You can check our detailed analysis on MITK in the trading room link here- Trade Suggestion Date: 6/7/2016 Trading Room - Executive summery link: www.youtube.com Time Span: 12:40” Trade Open: 6/8/2016 Trade Close: Running
MITK has completed a bullish bat in a with a PRZ that is confluent with support from the 100 day exponential moving average. To add to bullish bias, 2 missed weekly pivots sit above price. Entry is placed at the bottom of the PRZ with target at the missed weekly pivot from 12/14. Confluence in the PRZ: Bullish bat 2AB=CD 2.272BC Projection EMA100...