Check my previous post below. Price has formed a HS in the daily timeframe. The chart shows how to playout this trade. It's just a suggestion and there are many other ways to do it. I'll be posting any changes.
Yesterday, Snowflake, announced financial results for its fourth quarter and full year of fiscal 2023, ending January 31, 2023. Revenue for the quarter was $589.0 million, representing 53% year-over-year growth. Product revenue for the quarter was $555.3 million, representing 54% year-over-year growth. The remaining performance obligations were $3.7 billion,...
As you all know {for those following this channel btw}, i have been trading off of the price movements of EURCAD since January and it has been swell so far so good. The amazing part of it all is that price has been building up to form a pattern we all know and love "THE HEAD AND SHOULDERS PATTERN" and it's super valid because it's actually very clear in the D1...
CRUDE OIL intraday trading alert
3 simple steps to find a quality setup !
Risk Reward Ratio 1: 2
Anyone same idea with me?
SELL Crude Oil
Good luck traders..
Last month Visteon Corporation reported full-year earnings for FY 2022
Revenue: US$3.76b (up 35% from FY 2021).
Net income: US$124.0m (up 202% from FY 2021).
Profit margin: 3.3% (up from 1.5% in FY 2021). The increase in margin was driven by higher revenue.
EPS: US$4.41 (up from US$1.46 in FY 2021).
In a long term, the company has great fundamentals.
The revenue...
Hello dear friends
Due to maintaining the resistance range of $1.363 and forming LL the possibility of reaction to the yellow area ($1.292) has been strengthened.
If the range of $1.17 is completely consumed, the possibility of continuing the downward trend to the specified areas will be strengthened.
We would be happy to hear your comments
So in this idee we can clearly see a nice double top formed and ABCD patter running great strong resistance line, also stoch showing that price is running above 80% about to go down to retest on the support area.
Please share you comments on this idea.
Price failed to break the $210 resistance and is going back down. It shouldn't take too long to fall, and maybe in a few weeks from now is going to try to break the $210 again, but not now.
Hello traders,
The Dollar has been in consolidation and created both Equal Highs and Equal highs.
Both are key levels but considering that price is at a premium it's best to look for short opportunities above the Equal highs.
Above this level, there is a significant Fair Value Gap which the price will reach before going short.
Leave a like if you agree and...
If you haven`t bough PM after my last chart:
Then you should know that looking at the PM Philip Morris options chain ahead of earnings , I would buy the $100 strike price Puts with
2023-3-17 expiration date for about
$1.80 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your...
