Earnings this week is going to beat estimates. Can it close the gap? We'll see... but I'm expecting a banger move upwards if they do beat their estimates. Short term bull, long term bear for the summer.
Yeah... so they added this stock to the GME/Meme basket yesterday...
I checked and apparently it's another stock that has EARNINGS tomorrow!! What a surprise... adding a weak earnings stock to a meme basket only for earnings so that when earnings comes out and BROS hits the gutter, so do all other basket stocks.
TLDR: Get Puts 11-25 days out. Easiest money you ever made.
previous resistance zone trying to be new support/holding some local trend support
bounce here and break of 39.23 leads to bullish impulse, break of 37.08 and we see a big flush to the downside.
boost and follow for more :) thanks <3
$BROS is a small growth company we have been following at the Key Hidden Levels chatroom for a while. The trade here has well defined risk and potential reward as well as decent odds (around 65% odds of working).
We have some event risk with FOMC between the 31st and 1st of February next week, so be mindful of that, might pay off to hedge with futures before it if...
One of the longer-term plays I am watching. IPO'd back in 2021, they don't have much in the way of current earnings, but analyst estimates are expecting big growth over the next couple of years.
Starting to inch its way up the right side of a possible stage 1 base on good volume. Don't need to rush into buying this one - need to let it show me that it is in...
After plunging below 25 Bros has made a nice run up to 42 with a high of 44.8
But notice the wick of today's candle, as price entered the over head supply (as evidenced by the volume profile) sellers overwhelmed the buyers and the stock closed 2$ down.
IF YOU'RE A SCALPER OR DAY TRADER , THIS IS THE TYPE OF SETUP TO LOOK FOR A QUICK SHORT - Initial price tests...
BROS is offering a low risk short setup !
We previously discussed BROS in terms of Elliott waves and made a nice profit form latest major down going wave (See related idea ) . Here we are going to investigate the stock in terms of Price Action.
After major decline and gap down after disappointing earning , BROS made a nice pull back to broken strong support...
Hello friends. Jim Cramer has done nothing but give perfect calls on Dutch Bros stock, and he might be about to give out another one. If we can see any sort of Jim Cramer bullish tweet on Dutch Bros within the next month, it will be time to load up on some puts expiring a few months later at deep OTM strike price. This trade will not be taken unless we see Cramer...
Gap from the selloff has been filled. Long-term, no idea what'll happen, but this is a good take-profit level for those who caught the bottom at $20. "Coincidentally" this is also where those people are up 100%.
Since breakdown of large rising channel we have seen bros rally back up. We could see this contiue to retest the 45-49 area range. Seems to be flagging out with key reistance so far found at 38.70. Look for break of that. Also support holding strong at 36$
Jim Cramer is a bad trader. He is so consistently bad, that he is actually one of the best traders in the entire world. Inversing his calls is constantly profitable, so always make sure to set alerts for when he tweets out stock picks to inverse, and watch all his Mad Money videos. (You can watch on 3-5X speed, he talks real slow. All you need is the...
Hello my friends.
This is for informing you that a descending anti cycle may develop in BROS !
Lets keep talking about what is an anti cycle for an appropriate time. I may devote one of my "Educational Publications " to this very interesting topic.
For now lets consider this is a real probability and we are trying to make profit from a short position:
...
Jim Cramer got paid to tell retail traders to buy Dutch Bros. It's an unprofitable company that bleeds money, and has an overpriced Profit/Sales ratio plus a market cap way too high for it's own good. Let's fade Jim Cramer, and trade along with the CEOs of the company who will dump the liquidity purchased from him! Buying puts at market open.
On a side note, you...
This is something to watch carefully. As bros could be setting a double bottom, it also lost long term support of a rising channel. We looking to be getting some momentum building , so first area to watch is the flat resistance of49.20s. This would setup as a bear flag ranging from 49.20-47.15 howverr in my veiw I’d like to see this pop back to retest the rising...
