Analyzing the options chain and the chart patterns of AMRK A-Mark Precious Metals prior to the earnings report this week,
I would consider purchasing the 35usd strike price in the money Puts with
an expiration date of 2023-9-15,
for a premium of approximately $1.92.
If these options prove to be profitable prior to the earnings release, I would sell at least half...
Bullish breakout and good volume on A-Mark precious metals today up over 8%
Projected move is to $95 zone in next few weeks.
Really like the set up here with this stock consolidating nicely before each leg up and continuously grinding higher.
Bullish on anything coming out of the ground right now :)
Options chain was a little dry for me, I'm long shares.
Goals 60, 55. Invalidation at 97.
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...
Setting up nicely for a cup and handle pattern. Current momentum is bullish with a blended candle approach. This is a method that uses summation of candle patterns over 20 and 50 day period to provide short and medium term momentum action. The 20 day blended candle pattern is bullish and the 50 day is weak bearish at present which is a change from bearish momentum...
95% above earnings expectations today! Anyone that happened to enter this trade prior to the report should be in for some good gains. This stock should barrel over the ATH and push the bar even higher. I'm almost certain after this report $52.30-$55.35 resistance area won't even be an issue.
William Alligator : the stock is currently in a bullish position because the candlesticks are above the Teeth, Lips and Jaw and the lines are “eating with an open mouth” this indicates that the stock is in a strong uptrend.
RSI : the line is above 70, so the stock is overbought.
Candlestick patterns : there are three white soldiers which are bullish...
This is trying for ATH
It is on major support.
It maybe putting in cup n'handle, which means I could wait for the handle, there is supportive option bets in the form of puts for 4/16 for this ticker to be anywhere from $20 to $35/share. So there is pressure to keep it down so those puts pay out, but before 4/16, they may try to shake out the folks holding the...
This has been consolidating for a month
Finally it peaked about the long term down trend.
Alerts for $29.40 and then $30.
Confirmation that it may want a short rally would entice me to be grab a few call options
I want to see the MACD lines above the historgram also.
The ATR and stochastic are ideally aligned.
Volume is up +234% compared to typical volume over the past 6 months.
Price needs to hold above $35 or it may pull back to retest $33. It we continue higher, my targets are marked on the chart.
Ascending Triangle, confirmed
Pros:
Descending volume during formation
Volume Spike at break out
PPS above 50Ma and 200MA
RS above 0 and ascending
R/R above 8, high
250RSI above 50, very high
200MA scending
ATR ascending, more volatile
Cons:
Target:
PT = 34,66$
Discounted significantly, currently around 30% retracement and shooting for around a 45% recovery. MACD, RSI and Ultimate Oscillators all look like there are some opportunities here.
