If you haven`t bought the dip on LEVI:
Then analyzing the options chain and the chart patterns of LEVI Strauss prior to the earnings report this week,
I would consider purchasing the 21usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $1.72.
If these options prove to be profitable prior to the earnings release, I would...
Levi Strauss & Co. The iconic blue jeans maker has not only weathered the storms of economic uncertainty but has soared to new heights, defying market expectations and setting a course for sustainable growth in a rapidly evolving industry.
The latest chapter in Levi's success story unfolded with the release of its fiscal first-quarter earnings, sending shockwaves...
In a strategic move to navigate challenges in an evolving retail landscape, Levi Strauss & Co. ( NYSE:LEVI ) has announced a significant restructuring plan that includes cutting at least 10% of its global corporate workforce. The apparel retailer revealed this decision as it reported its fiscal fourth-quarter earnings and provided a cautious outlook for the...
If you haven`t bought LEVI here:https://www.tradingview.com/chart/LEVI/xgphBAvA-LEVI-Levi-Strauss-Options-Ahead-of-Earnings/
Then analyzing the options chain and the chart patterns of LEVI Levi Strauss & Co prior to the earnings report this week,
I would consider purchasing the 12usd strike price in the money Calls with
an expiration date of 2024-1-19,
for a...
Levi Strauss is gearing up to demonstrate its performance as it approaches its upcoming earnings release scheduled for July 6, 2023. Analysts are anticipating an EPS of $0.03, representing an 89.66% decrease compared to the same quarter of the previous year. Additionally, the Consensus Estimate for revenue suggests net sales of $1.33 billion, reflecting a decline...
If you haven`t bought LEVI here:
Then you should know that analyzing the options chain of LEVI Levi Strauss prior to the earnings report this week,
I would consider purchasing the 14usd strike price at the money Calls with
an expiration date of 2023-7-21,
for a premium of approximately $0.90.
If these options prove to be profitable prior to the earnings release,...
LEVI stock retraced since the publication of the EPS beat and now looks set for another leg up.
The Company beat EPS and Rev estimates and improved its expectations for 2023
The stock price could improve another 25-30% from here. Watch for a stop around -17%
#notfinancialadvices #mynotes #adjustyoursize
Information to have in mind:
I've graphed a few historic values that most analysts have in their notes.
Levi Strauss & Co. reports their earnings 04/06/23 AMC: I'm anticipating the market will buy the surprise.
The %B is at a good value to "signal a continuation".
LEVI is looking to form another bottom along the green line
This creates a double bottom and a nice point for a recovery back up towards the red line
This is a large W pattern once completed.
LEVI could be in the process of breaking out. If the price can get above 200 DMA $17.52, the stock can see further upside.
Target 1 - $18.57
Target 2 - $20
Target 3 -$22
Risk - Fall to $14.50 worst case $12
——
Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
The end of the negative trend?
The wedge shape seems to be broken, the movement of the indicators confirms the change. The exchange rate is looking for a direction.
The next 5 waves emerging?
