Market Overview:
Samsara NYSE:IOT is at the forefront of harnessing artificial intelligence (AI) to revolutionize its business operations. Through the utilization of cloud-based data analysis, Samsara efficiently processes vast amounts of sensor data, positioning itself to capitalize on the bullish trend in AI and offering promising opportunities for...
If you haven`t sold IOT before the previous earnings:
Then analyzing the options chain and the chart patterns of IOT Samsara prior to the earnings report this week,
I would consider purchasing the 35usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $2.75.
If these options prove to be profitable prior to the earnings...
Company possess good internal qualities to qualify for TML (true market leader) characteristics and to be among performing stocks in new bull market (if we see one in coming year(s)).
Among these qualities are:
1. Increasing triple digit earnings growth last two quarters in a row;
2. Consistent double digit sales growth 4 qrt in a row;
3. Analyst covering the...
Samsara, operating in the "Internet of Things" (IoT) sector, has reported a notable financial turnaround, posting a profit of $3.9 million. This marks a substantial improvement from the $18.7 million loss reported in the previous year. Key highlights of Samsara's performance include:
Financial Highlights:
Profit Reversal: Samsara has rebounded from a loss of...
Analyzing the options chain and the chart patterns of IOT Samsara prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $1.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to...
While market was overreacting from the Fitch downgrade of the USA, traders did what they do best, they traded and analyzed.
After a short holiday, I am back with monitoring markets and checking for some nice profit making possibilities. Therefore, I found a good play in making, Samsara Inc., ticker IOT.
Things to consider when looking into this new tech stock...
Downtrend since IPO highs of 31.33$.
Already bounced off support zone.
Strong support between 12.60$ and 14.50$
If this current test bounces again, a strong bottom will be formed.
Uptrend is possible.
