Analyzing the options chain and the chart patterns of PTTE TotalEnergies SE prior to the earnings report this week,
I would consider purchasing the 60usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $1.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
Total Energies - 30d expiry - We look to Sell a break of 55.39 (stop at 57.11)
We are trading at overbought extremes.
A higher correction is expected.
A break of the recent low at 55.51 should result in a further move lower.
Bearish divergence is expected to cap gains.
Although the bulls are in control, the stalling positive momentum indicates a turnaround...
Total Energies - 30D expiry - We look to Sell at 49.98 (stop at 51.21)
Weekly pivot is at 50.34.
Trading close to the psychological 50.00 level.
Daily pivot is at 50.33.
Resistance could prove difficult to breakdown.
We look for a temporary move higher.
Bespoke resistance is located at 50.00.
Risk/Reward would be poor to call a sell from current levels....
From beginning of the year.we see beginning of the price drop from the same area in 2017.
In addition to the economic of EUROPE.Especialy france.
Are going through.due to the cutting of Russian gas.
We will see the price drop more and more until end of the year.
don´t forget like and support for more ideas in stocks.
Any Question contact me.
Good luck everyone.
Thank you.
Hello ladies and gentlemen, according to my graphical analysis of EURONEXT:TTE Stock, I'm not suggesting that anybody take a short position in that stock.
Immediate targets 53, 50.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market...
A to B about to pivot to C. We are going down on this one once again. This is likely going to be a flat formation, so don't expect too much from Wave C when it finally happens.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in...
