Analyzing the options chain and the chart patterns of SPWH Sportsman's Warehouse Holdings prior to the earnings report this week,
I would consider purchasing the 5usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $0.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
SPWH, a sports and recreational retailer had a bad week or two as seen on the 60-minute
chart. Reversion to the mean and the rubber-band perspective says that what goes down
must go up. SPWH has fallen into deep undervalued territory. It has been down trending for
most of this year. At the moment it might be correcting into a short trade or put option...
NASDAQ:SPWH
Hi, traders!
Well, it's time to earn some money.
Today we look at SPORTSMANS WAREHOUSE HLDGS INC.
what's on the chart:
1. Level 13.23, formed by stopping long movement. It is also the same one where the rollback occurred.
2. The level is strong, confirmed by several false breakouts.
3. September 04, after a false breakout paper did not go up,...
Sportsman's Warehouse Holdings, Inc. engages in the retail of sporting and athletic goods through its wholly owned subsidiaries, Sportsman's Warehouse, Inc., and Minnesota Merchandising Corp. Its products include hunting and shooting; archery; fishing; camping; boating accessories; optics and electronics; knives and tools; and footwear. The company was founded in...
Perfect wyckoff schematic playing out. Insider buys came in on the dump. Along with April call flow for 7.5 and $10.
Expansion comes next.
Trust in Michael Burry.
Entry level $5.79 = Target price $6.39 = Stop loss $5.64
Sportsman's Warehouse sells guns and ammo while larger national retailers have pulled back from the merchandise segment in recent years, representing a growth opportunity.
Company is profitable and free cash flow positive with steady growth.
Shares have been volatile over the past year but have more...
I found this company using a scanner. Long term, it fell for a while, but it increased strongly in the last day and I believe it may keep increasing for a while. The company is profitable (P/E > 0) and has strong return on equity.
