I play all my picks off of structure and volume profiles. Structure is lacking and momentum is falling. Best case scenario is sideways
Analyzing the options chain and the chart patterns of PGR The Progressive Corporation prior to the earnings report this week, I would consider purchasing the 220usd strike price Calls with an expiration date of 2024-8-16, for a premium of approximately $10.60. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Hey guys, Classical trend continuation set up here. Larger degree impulse and correction with lower degree impulse correction breaking out of larger trend line!
WAY WAY WAY overbought on all indicators expect gap to fill in coming weeks
NYSE:PGR *I'm bearish on this, because it's overbought and also based on EW, we should expect the rejection. but here are the both scenarios. If the stock price surpasses the bullish line at approximately $157.05, the immediate upside target could be: Bullish Target Price 1: Drawing an inference based on the chart's pattern, considering the amplitude of prior...
Overbought on earnings and due a retracement to fill the gap at $146.90 SELL THE NEWS
Analyzing the options chain and the chart patterns of PGR The Progressive Corporation prior to the earnings report this week, I would consider purchasing the 140usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $2.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
The PEAD projected a neutral outlook for NYSE:PGR after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 40%.
If you switch between the daily, weekly and monthly chart you'll notice they all look the same. They are all strongly uptrending. This stock is amazing for a momentum play.
The PEAD projected a Bullish outlook for $PGR after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
PGR Descending Right-Angled Broadening Breakout Potential Nice Higher lows forming and starting to base near supply we are looking for a recovery of the old highs and a base to form confirming buyers want to hold here for further continuation Two possible entries given
SHORT HERE. Triple Top Reversal. Bearish Divergence. At all time highs. Missed earnings terribly.
The PEAD projected a Bullish outlook for $PGR after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 60%.
Took this one on Friday, will take 25% at support and then will see what happens around MA 100.
PGR daily bullish hammer good volume gotta be quick since countertrend Buy Stop 120.50 LMT 120.50 GTC Sell Limit 124.96 GTC Sell Stop 116.93 GTC
50 SMA takeback today , above the last GLB and in a decent area per the broad channel ... Entry 117 Stop 114.27 PT 1 119.6 PT 2 122.23
Alhamdulillah , The deal was closed on PGR in US stock market with a profit of 4.69 % in a 4 days . I wish good luck to everybody.