If you haven`t bought LOVE before the previous earnings:
Then analyzing the options chain and the chart patterns of LOVE The Lovesac Company prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $1.67.
If these options prove to be profitable prior to...
Daily TF shown. Biggest thing that jumps out are the 9/21 Ema crossovers. If you peek lower at the 4hr you'll see a reverse head and shoulder breaking out. if you peak higher on the weekly you have BB support not too far down which warrants a handsome risk to reward ratio. Together this is a powerful set up.
Analyzing the options chain of LOVE The Lovesac Company prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2023-7-21,
for a premium of approximately $1.87.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your...
Good Morning Traders,
I wanted to touch base on LOVE, which we all need in the world <3333
We see LOVE break out of its descending price channel, and forming bulish market structure on the HTFs.
At the time of writing, it is currently not only above our Monthly level of 27.59 and our 1.618 fib extension level, BUT also above our nPOC - which is the area of the...
Insider ownership is above 8% and they are advertising regularly on prime time to get eyes on their living room, washable furniture that charges your phone. Image that in your living room. This is undervalued and has an $51 price target over the next year. They have been beating their earnings. The price is headed to the 200 EMA. It crossed the 50 EMA in January...
This looks like a rather interesting concept, looking at the 109 institutional buying interest it seems that institutes agree. This company has incredible growth potential
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on March 18, 2022 with a closing price of...
Nothing is setting up to my liking on my entire watchlist.
The top of my list is $LOVE
Remember I got into it couple weeks back but exited for a scratch when it did nothing.
It is now tightening up even more. Big 6 months base.
What did $LOVE do yesterday?
Yes, you got this. It corrected the wedge breakout attempt and put in another contraction in single digits.
Looks much better now and getting me interested
I do analysis to sharpen my skills . I'm not entering this trade .
I try to apply what i learned in the market .
**** it is not trading advice
LOVE-
what facts are presented by market {daily and weekly chart} i'm bullish .
My suggestion will be-
Entry-74.43-75.50
Stop loss-68.05
Take profit-83.08
1. WEEKLY Chart after forming HH market retraced as result HL...
The Market's longer term uptrend still intact. Breadth is deteriorating again. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are...
