If you haven`t sold SFIX after the disappointing earrings:
or ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of SFIX Stitch Fix prior to the earnings report this week,
I would consider purchasing the 4.50usd strike price Calls with
an expiration date of 2023-12-15,
for a premium of approximately $0.17.
If these options...
If you haven`t sold SFIX here, after disappointing earnings:
Then analyzing the options chain and the chart patterns of SFIX Stitch Fix prior to the earnings report this week,
I would consider purchasing the 3.50usd strike price in the money Puts with
an expiration date of 2023-10-20,
for a premium of approximately $0.48.
If these options prove to be profitable...
The Head and Shoulders chart pattern is one of the most bearish signs that you can see in chart.
That was also the case with PTON:
i don`t know how they eventually turn out to corelate with fundamentals and be right.
Since it is still a growth stock, Stitch Fix needs to deliver strong momentum. Instead, Stitch Fix projected that net revenue will drop 10% to 7%...
We see the triangle now. Unless we break it upwards, no need to jump the boat.
Need to wait and see roughly 1 week before I open a position. If we break up, then following fibo levels, we are good to go 40+
Stitch fix was a beneficiary of the Santa Claus rally. Then it got dropped hard and is right back where it started. Might be as good a time as any to get back in.
Technically, the chart looks ugly for SFIX. No recovery in sight as it still finds price action right at the gap down VWAP and very close to the March low's VWAP. It has struggled to for any sort of decent wedge or flag, and the candles look no better. The 21 to 8 EMA cross has not been reclaimed and it doesn't look close yet. If that low wave 5 put in the last...
Backtesting results came back at 96% profitable on SFIX. We are currently getting a buy signal, so check out SFIX and don't miss out on these profits!
The Megalodon indicator uses a machine learning algorithm, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! You will...
Much improved membership growth from most recent quarter earnings. Disruptive innovation in the retail industry with AI integrated in its service. FIB and the trend lines both agree that $24.50 is a great entry point.
Price completed a 5-wave structure to the upside and is now developing a ABC structure.
We are looking for a long opportunity around the 24.64 region with a fib and structure confluence.
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a...
