Analyzing the options chain and the chart patterns of TNP Tsakos Energy Navigation prior to the earnings report this week, I would consider purchasing the 20usd strike price Puts with an expiration date of 2023-9-15, for a premium of approximately $0.87. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Accuracy and consistency matter to develop trust that I will always try my absolute best to give the best analysis and simplest trade setups that I can. :)
$TNP shows a good VCP within a Stage 2 uptrend Fundamentals are increasing with all Sales, Margins and Earnings Improving Expexcted 2023 EPS breakout Volume is showing signs of accumulations Industry group is #8 out of #197
Truly this is the last stock that i could find that has not yet made the move it should. Though I featured it back on March 15th it has yet to make a move. But it's only a matter of time before it does. On the verge of a breakout from small channe.
The business has very nice fundamentals in the very easy-to-understand industry, retail stores. The graph looks pretty decent with room for the upside. All-time high resistance breaking can always be full of surprises. I'm bullish on this stock for a good long term trade.
A few symbols combined. Ready to pop up soon?