On Wednesday Levi Strauss & Co. released its 4Q results. Sales rose 22% to $1.59 billion, also ahead of the $1.55 billion analysts expected and the adjusted earnings came in at 46 cents a share, above the 42-cent consensus estimate. The company’s 2022 outlook remained intact, as Levi Strauss highlighted strong U.S. sales and ongoing demand in Europe. Despite the...
Market finished 1-5 Elliot wave, flat ABC correction and full 1-5 Elliot wave with XWY combination downwards, we were expecting it to bounce off of a demand zone, but it reversed earlier, R/R for this trade is way to low unless market retraces to our entry zone. Entry: 16:76 Invalidation: 15.30 Target: 23 (50% fib zone)
Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Levi Strauss & Co. operates as an apparel company. It designs, markets, and sells jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories for men, women, and children in the Americas, Europe, and Asia. The company sells its products under the Levi's, Dockers, Signature by Levi Strauss & Co., and Denizen brands; and also...
Januar was pretty bad for my portfolio. I'm searching for new ideas. Bull flag in weekly chart for Levis looks promising. Lets see how it progresses.
i am assuming levi is making a 4 wave oin 1d timeframe drawing a flag, if this is a flag how i believe it woulkd need 1 more wave down to complete E, green zone down below and yellow line is a nice confluence zone where the correction should be finishing
Supply chains woes have been negatively affected earnings for companies like this (Nike). Levi's is at a rock and a hard place showing a Descending triangle pattern which is bearish 90% of the time but with earnings here you never know. Even though the pattern is bearish, all indicators (OBV,MACD,MFI,RSI) are bullish This could go either way Long over...
Placed a call and just want to see the bounce. From support @ fib level which is 27$ back up and stoped right @ 27.30 looking for the reverse back up.
Earnings is 7/8 and will be looking to place a call or put.
I love it when a stock dumps down to support and then rebounds I picked up commons and will add at key areas.
Why LEVI? 1. Solid earnings 2. Strong online sales - less dependency for box stores 3. W/Vaccine on the horizon it's going to be time to trade in the PJs (zoom meetings) for jeans and slacks (in person), hence increased sales 4. Management has held up the company through COVID and the stock is closing in our pre-covid prices. Technical: Cup & Handle formation...
-Over the past 8 weeks Levi's 10% owners, officers and directors have been dumping their shares by the $ millions. -Surprised this stock keeps climbing, should be available to buy at around $10 by 02/20/21 -This is not investment advice, just for fun.
I like this one for the long term, looking for the right strike
I purchased 5 put options at .15 strike price 15.00 Exp 16/Oct/2020 expecting a post earnings pull back. Just a short term natural pull back not relating to the equity position.
In case of breaking above including basing above 15.08, next target is 17$ Not for any advise Just an Idea,
Blow out earnings report resulted in a nice pop afterhours. The stock is in a zone of huge price history so may find it difficult to break through unless it gets interest from day traders and some short covering comes into play. Alert set for break above downtrend and resistance @ $17.00 Upside targets $18.80 - $19.75.
Potential day trade if downtrend breaks tomorrow. 13% short interest could help it on it's way