ATH Breakout. Rounding Bottom pattern visible. Volumes are Good too. Target 910 , 1200... Do Follow , Like ,Comment for regular updates... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Analyzing the options chain and the chart patterns of ACI Albertsons Companies prior to the earnings report this week, I would consider purchasing the 23usd strike price at the money Calls with an expiration date of 2024-2-16, for a premium of approximately $0.92. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
If there was ever a thing such as a safe short- I think it would be Rite Aid (RAD) As shown on a monthly chart, RAD triple topped in 2015=2017 and has been in a decline every since. It has shed 90% of its market cap in the intervening 6-8 years. Now, it is fundamentally fighting for survival. This is because as a weaker drugstore retailer and the rise of...
KR in early August rose from its usual range into a head and shoulders from which it trended down into its present lower base. I see this as a good setup for a long trade to reach to and possibly beyond the mid Fibonacci retracement levels also confluent with horizontal R/S lines drawn from the pivots to the left. I will take the very safe long trade taking...
NSE: ACI is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed...
KR has an overall fairly narrow trading range. On this 4H chart, it is presently in a symmetrical triangle or slowly rising wedge. Earnings beats have been respectable. KR reversed on June 1 at the trending support line and is heading toward overhead resistance. Just before that upper resistance trendline is the POC line of the high volume area of the profile...
BYND had it surge in the post Covid months. As seen on the weekly chart, multiple touches of the supply / resistance zone occurred in the range of $160-180 per share. Price is now at 5-10% of the highs and at the multi-year lows. Volume is weak. The RSI swing indicator has given a buy signal but I am skeptical. BYND is heavily shorted and sellers have...
Chart patterns are very subjective. I see this as a symmetrical triangle, meaning it could break in either direction. But if I adjust my trend line, I also see it as a rising wedge, which is a bearish chart pattern. Either way, I will look for a break above 45 for calls with a target of 50.30, OR a break below with a target of 41. Either move will be an amazing swing!
NYSE:KR KR made a big move this week after the Q2 earnings call. I believe that it is now overextended. On the 15-minute chart, the big price action is seen. However, the RSI indicator shows a flat relative strength suggestive of bearish divergence. The Mass Index peaked out over 27.5 and is now dropped below is the suggested trigger for a reversal of...
Enrico likes this trade so much, he is calling it a Good spot for a 10 ema swing strategy. I like the volume, location, candle, company, pumpernickle bread... get that discount.
Nice bear candle closing above the 10 ema. ALSO, this was a bear candle that gapped up and closed into a bear candle. Calling this one a bear shat. ;-) Let's see what happens. People have to eat?
RocketFuel Blockchain, Inc. focuses on developing payment and check-out systems for purchases on e-commerce sites using cryptocurrencies and direct bank transfers. RKFL RocketFuel Blockchain has a strategic partnership with ACI Worldwide, a leading global provider of real-time digital payment software and solutions that will offer RocketFuel’s crypto-payment...
Hello, CargoX ( KUCOIN:CXOBTC / KUCOIN:CXOETH ) is still right on track for the mandatory launch of the Egypt ACI System. The candles have finally deviated from the blue arrow predictions. This is an update from my last post on the 2nd of June: Hello, Even with recent price movements of Bitcoin and Ethereum , CargoX ( (CXOBTC*BTCUSDT+CXOETH*ETHUSDT)/2 )...
Too much risk to open a long position on ACI. Short positions are more encouraging :)
4 pushes followed by a sharp momentum against & consolidation near that bottom of the range. Looks like a very well anti setup to me. Market is still strong, but I do like my chances for a short on a further breakdown. Potential entry: 18.45 - 18.3. Potential stop loss: 18.75 - 19. Trade management: take at least 75% of position off at 1R.
How could you go wrong with a major grocery store chain in times like these? I think it's undervalued compared to Kroger. I've been dollar-cost averaging every week. Major break of downtrend.
Announce their EPS USD 0.97 Main Core : Retail trade - Food Retail Market Capitalized : USD 4.363B