Analyzing the options chain and the chart patterns of GOOS Canada Goose Holdings prior to the earnings report this week,
I would consider purchasing the 12usd strike price at the money Calls with
an expiration date of 2024-2-2,
for a premium of approximately $1.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
former momo high flyer absolutely crushed.
Parabolic selloff ended in Q4, decent bounce and now an adam+eve bottom or cup and handle, whatever you want to call it
some option flow to support an upside idea
for a trade
I got the Dec 23rd calls for 12.5
Unusual calls trade spotted by Gurgavincapital
chart looks like a classic breakout retest and go. Break of 11.90 would be a stop loss for me
Target 12.55 - 13
Good non farms can send it along with the rest of the market, good RR though here
it seems that it already changed invest way and it might go up soon.
I'll have a try .but only thing is that this is Canada's company.
appreciate any suggestion.
just a hedge trade. Because they are in same category(cloth), and this is summer now.
So short GOOS & long LULU is a very safe and potential profitable trade.
AMEX:SPY opening lower today, teetering on the key 417.50 support that was originally a key resistance level of the wedge pattern. 417.50 has been tested multiple times over the prior two days, if we swipe underneath today and hold, that will be a key indicator of today's potential bearing action. Keep in mind this could all be invalidated if debt ceiling talks...
We have re-entered on a previous position that worked out properly. This time the ratio is 2.57. Although it's above the MAs we believe the overall move is to the downside and the current price provides great risk reward.
Hey Folks,
Seems we are going to have a very long recession. high prices, high interest and lots people will loose jobs and stocks to go down and down.
Canada goos holding Inc. ( GOOS) is trying to pull back to a demand imbalance on the monthly timeframe located around 24,49 per share. Goos stock price has been falling for a few months since last November 2021 after the stock surged to an expensive area at almost $51 per share.
I really like Canada Goose here. Getting "ethical down" certified is a big deal. These coats are super popular and sell for over a grand in canada. Ethical down will allow them to exoand so im bullish and the stock took a nice retest drop.
The price recently bounced from the lower trend line around $34. The price could head towards the upper trend line area of around $44.80.
$38 and $42 will be a resistance area to watch. I
Target 1 - $38
Target 2 - $42
target 3 - $44
Risk - breaking down below $34 will be bad and could result in the price reaching around $28.
Bulls should be prepared to take a lost...
To the guy that sold me your puts when GOOS popped up and you thought it was going nuts.. thank you! I still have 2 months on the clock but I am up over 125% just today alone. Ouch for you! I will make sure you take the max loss and I take the max gain! You rock dude!
Priced it already. Love how breaking mid long term trend like. It's like no brainer, but careful with global market news that drives your emotions. Otherwise, ride with the waves. Good luck!
GOOS recent price movement tells us buyers are in control as we are hammering into the $40 resistance level with ascending triangle pattern, MACD seems to be relatively silent for a while and RSI in positive range; earnings tomorrow and let's see the market's reaction.
If GOOS breakout from $40 with solid volume, I consider going long according to the chart.
Not...
