Looking at the NOAH Holdings Limited options chain ahead of earnings , i would buy the $30 strike price Calls with
2023-3-17 expiration date for about
$0.35 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Noah Holdings has reached a floor and it could lead to a bullish trend. My target sits on $72.00 to $76.00. Long term investment ( over 365 days).
I use this app to track my investments not to provide advise, trade at your own risk.
Spent way too much time studying this company and don't find any negative and top of that current economic situation in China actually supports this business positively. Based on my studies, I opened a position in this and hoping it pays out. I have done my part and this is the best I can do.
One giant cup formation, way above Ichimoku Cloud, RSI is not crazily...
Came up on my intra-day linear regression scanner (> .4 Linear regression + down > -10% past 20 days). Linear regression less than .4 basically represents a straight line during past 8 trading days (could be either direction) - basically meaning, small or large impulse move in opposite direction is pretty necessary lol. Just based off the placement of both 20 & 45...
Playing Trading Simulator Game:
Got this BUY from Barchart's "Chart of the day".
On 5JAN18, MACD gave a buy signal.
On 10JAN18, rises above pivot point.
On 10JAN18, RSI climbing and hit 70.
FUNDAMENTALS/FINANCIALS
Analysing the financials of this company, it is clear their assets are growing year on year between 10-30% and there revenues are also increasing. They seek to open branches in Canada, Australia and other discussed locations. As an asset management company, it is vital to ensure profits or "Revenues" are increasing whilst assets under...
NOAH forms “Diamond Bottom” pattern
Description
Bottom Triangles and Bottom Wedges make up a group of patterns which have the same general shape as Symmetrical Triangles, Wedges, Ascending Triangles and Descending Triangles. The difference is that these particular formations are reversal and not continuation patterns. These patterns have two converging...
$NOAH plunged to the 200dma on Tuesday but caught support. On Wednesday it maintained support and today it proceeded to gap up on heavy volume. For fans of the “Right or Right Out” (RORO) trade, $NOAH offered it vs the $21 level (both Tuesday and Wednesday’s low of day). The reason this was a good RORO trade was because of the following:
-Shakeout below major...
