WMT is potential earnings play. Its looking choppy in the top & seems forming a H&S formation. Moneyflow is getting weaker. It also has some insider selling. We think it has good downside potential with earnings. To play this We would look at $79.50 August Puts, currently $0.87. * Trade Criteria * Date First Found- August 15, 2017 Pattern/Why- Earnings Play;...
A reporting after market today, and it seems very interesting as a option play. It is breaking down from an upward channel & long term support. It also has insider selling, and strong moneyflow divergence. We think it has very good chance to decline with the earnings. We would Look at $57.5 and $60 August Puts, currently $0.55/$1.62 * Trade Criteria * Date...
PTC seems breaking down forming a H&S formation. However if H&S formation breaks down, in the long term it could breaks its Upward Channel formation, So it has very good downside potential. * Trade Criteria * Date First Found- August 11, 2017 Pattern/Why- Long term upward channel Entry Target Criteria- Break of $51.87 Exit Target Criteria- 1st Target...
PLXS seems breaking down from an upward channel formation. Moneyflow is diverging. We think it has good down side potential. * Trade Criteria * Date First Found- August 8, 2017 Pattern/Why- upward channel breakdown Entry Target Criteria- Break of $51.97 Exit Target Criteria- Momentum Stop Loss Criteria- N/A Please check back for Trade updates. (Note:...
BLDR was in our watch list from quite a while & now it seems getting ready for a decline. It seems breaking down from a double top formation, retested & now rolling over ahead of earnings. Moneyflow is dropped. It also has good insider selling, and weak financial ratios. We think it has good chance of Decline with the earnings, which is after market today. We...
W seems very good potential earnings play. It hasBig insider selling and weekly options available. Would consider weekly or monthly August $75 puts if we break 73.07. Possible target of 66.00. $70 November puts for possible longer term play.
Good percentage based insider selling. October $45.00 Puts are $4.40 or would look at $50 August Puts (currently $4.31) for shorter term play. Short term target is $40 range with longer term target of $32 based on weekly chart.
Possible Earnings Play. Insider selling as well as a break down with possible H&S. Reports after market Thursday August 3rd. * Trade Criteria * Date First Found- August 2, 2017 Pattern/Why- Possible H&S, Option play on earnings Entry Target Criteria- Would look at $145 September Puts - Currently 10.10 Please check back for Trade updates. (Note: Trade update...
Possible H&S on GLD. We would consider $121 October Puts, which last traded for $2.41 , * Trade Criteria * Date First Found- August 2, 2017 Pattern/Why- Possible H&S Entry Target Criteria- We would consider $121 October Puts, currently $2.41 Exit Target Criteria- 1st Target $115.73 2nd Target $114 Stop Loss Criteria- $122.33 Please check back for Trade...
TCMD seems breaking down from an Upward channel, It has Strong Insider selling, Financial ratios are very poor as it has huge 402 E/P & forward P/E 127.7 Looks good for short setup at current price * Trade Criteria * Date First Found- August 2, 2017 Pattern/Why- Upward channel breakdown Entry Target Criteria- Break of $28.49 (Current price) Exit Target...
ASNA seems breaking out forming a possible bump & run formation here with strong moneyflow index. We think it has good upside potential. * Trade Criteria * Date First Found- August 2, 2017 Pattern/Why- possible bump & run formation Entry Target Criteria- Break of $2.73 Exit Target Criteria- $3.47 Stop Loss Criteria- $2.53 Please check back for Trade...
OVAS is reporting after market tomorrow, and we would look for a speculative day trade opportunity here if it breaks above $1.65 * Trade Criteria * Date First Found- August 2, 2017 Pattern/Why- Fallen angel, Possible day trade Entry Target Criteria- Break of $1.65 Exit Target Criteria- $1.92 & higher Stop Loss Criteria- N/A Please check back for Trade...
GST is testing its lowest bottom resistance, from where it bounced off quite few times. It also had some significant insider buying in this label in last May. We think it has good chance to bounce off from this resistance with its Earnings, which is on next Wednesday, August 3rd, 2017, and it may continue upward once its broken out. To play this we would...
LSCC seems breaking out of a downward channel formation. We think it has good upside potential from here.. * Trade Criteria * Date First Found- July 27, 2017 Pattern/Why- Downward channel breakout Long Entry Target Criteria- Break of $7.13 Exit Target Criteria- $8.43 Stop Loss Criteria- $6.93 Please check back for Trade updates. (Note: Trade update is...
CCK is running within a upward channel formation. We are Looking for break below trend-line of upward channel.
CELG seems forming a double top formation in the weekly frame. It also has strong insider selling. We think it can decline on long term. * Trade Criteria * Date First Found- July 27, 2017 Pattern/Why- Double top on weekly chart Entry Target Criteria- Break of $132.87 Exit Target Criteria- 1st Target $97.73, 2nd target $67.23 Stop Loss Criteria- $141.33...
BLDR was in our watch list for last few weeks, and now it seems forming double top with moneyflow divergence. Could be breaking down here. We think it has good downside potential. * Trade Criteria * Date First Found- July 27, 2017 Pattern/Why- Double top formation Entry Target Criteria- Break of $15.37 Exit Target Criteria- 1st Target $14.17, 2nd Target...
GNC looking very good as long. It seems breaking out forming a fallen angel formation with long moneyflow divergence. Overall looking very good as long. * Trade Criteria * Date First Found- July 27, 2017 Pattern/Why- Fallen angel breakout continuation Entry Target Criteria- Break of $10.95 Exit Target Criteria- 1st Target $11.80, 2nd Target $17.33 Stop Loss...