QuickView : WRLDBearish setup on the hourly chart.
Confirmed by the bearish crossover ema 21/50, bearish price action (lower high) and Bearish ATR Alert.
Short
World Acceptance Corporation
No trades
What traders are saying
Short
Short the WRLDI don't expect anyone to follow me into this trade because it's low float with terrible options liquidity but I've got puts for WRLD earnings next week. Low liquidity can mean huge movements though....
The only reason why it's up at this level is because the market is bloated, their revenue hasn't increased at all the past 3 years and they pay no dividends.
Short the WRLD!Low float socks are tricky to short, but I think this garbage hits $152 or even lower before Feb options expiration.
Market appears to be melting up and I don't chase melt ups, so shorting this PoS garbage loan sharking company. I'm doing it based on chart pattern, but if you want to see fundamentals:
seekingalpha.com
WRLD to move higher?* Relatively stable earnings
* General up trend
* Broke out after 2 months of consolidation with higher than average volume
* Price consolidating above broken level of 192.56
* Recently used 2019 highs of ~174.15 as support
Trade Idea
* The price will either consolidate here or revisit the 189.60 area before moving higher.
* If you're looking for a discount, you can look for buying opportunities around the $189.60 to $190 area
* Or you can get in now and experience some downside before heading higher.
Long
The WoRLD is collapsingWish I had played this one, knew the charts didn't look good while I was looking for earnings plays.
In any case, I expect more and more of these types of earnings reactions so pay attention to those earnings reports....
No positions.
WRLD falling wedge Power earnings gap setup into breakout areaI posted the breakout of this from 100 on earnings and i think we are reaching the rebuy on this soon. Still undervalued compared to its peers and the case dismissal has helped them.
Long
WRLD nice breakout earnings friday High short read belowbig psychological level. Not all time highs but very near it. Interesting story because there was an investigation by cfpb on it which they recently dropped explaining the rise in the stock price recently. PE seems relatively lower compared to general market and investigation was probably the reason. Good beat and decent growth could see this stock move. Eyeing this closely tomorrow.
Long
