Accuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
If the break down was in fact false, this could continue its trend up towards the $70 area. This is simply perspective and not financial advise.
After the last price target was reached: Now looking at the CALM Cal-Maine Foods options chain ahead of earnings , i would buy the $60 strike price Calls with 2023-1-20 expiration date for about $5.70 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.
Long, looking for a positive test of the 50h on the 250h Short, looking for a continuation down.
Looking at the CALM Cal-Maine Foods options chain, i would buy the $55 strike price Puts with 2022-11-18 expiration date for about $1.65 premium. Looking forward to read your opinion about it.
CALM held up very well in this correction thus far and reported strong earnings this week. Potentially breaking out on the monthly and a confirmed breakout on the weekly based on last week's action.
Looking for a continuation after this new high. The short side sees a breakdown of the 21h and 50h with a stop on the 250h
Quarter on Quarter increase in institutions QOQ increase in EPS and sales growth On Weekly chart line drawn from 18th Aril 2022 will have a double top So a buy above 58.5 Stop loss 7% from entry price
Price action recently formed a cup with an estimated depth of approximately 14% - 20%. We could see a rally from here higher anticipating 14% - 20% returns in the near future. Let me know if you have any success navigating CALM w/ this information!
Alhamdulillah , The deal was closed on CALM in US stock market with a profit of 5.94 % in a 1 week . I wish good luck to everybody.
You can buy it Target 56.39 stop loss 49.49 money management is your responsibility . good luck
I am back in this trade a second time in about a week. Last time I bought puts which doubled on the drop. This time I am shorting the common stock and will add as price increases for a nice average. 1,000 shares short $58.10 will add every $1.50 increase equal number of shares. Way overbought and getting ahead of itself. I will also buy puts in the $60's
Likely a failed double top way overbought on technicals this stock is due for a pullback $45 or under
A large base has presented a bullish divergence as a harmonic deep crab completes above the reclaimed 50 SMA support.
Cal-Maine Foods Inc produces and sells shell eggs. Its main market is United States. The company's product portfolio contains nutritionally enhanced, cage-free, organic, and brown eggs. Cal-Maine Foods markets the shell eggs to a diverse group of customers, including grocery-store chains, club stores, and foodservice distributors. The company's brands are:...
NASDAQ:CALM broke out of the 4+ month ascending triangle chart pattern and close above resistance 4 days in a row before the news shock after the close yesterday. The stock gapped down 5+%, held around the opening print for around 2 hours and gravity took over from there. Remember, anything could happen when you enter the trade. Use stop losses and risk...
NASDAQ:CALM is forming a 4 months ascending triangle. Multiple tests of resistance line have taken place. A breakout from this consolidation will lift the price off the 200 moving average and set the tune for the next leg up. There is a considerable resistance around $51 and if cleared, price should reach chart pattern price target identified on the chart.