CTRM - Castor Marine ER playCastor Marine MC is less than half of assets. Meanwhile, they have record revenue and profits Q over Q and Y over Y. In short, they're making a killing. They ended their ATM in June. There is no need to raise additional funds and can easily make plays for additional vessels with cash flow. The company is likely considering dividends at this point and should be coming by early 2023 (latest), if not in Q3. Longer term descending triangle in play with termination near early August ER. MAs getting tightly packed and average volume has slowly decreased over the past 6 months. Bottom is in and looking to break out and fill gap above between $6.03-7.20.
Earningsplay
Where will MSFT go next? Just having fun......First time publisher and amateur trader..........
Its time for MSFT earnings and with the combination of inflation, global economies, ongoing wars, food shortages, recession fears, supply chain issues, new Covid mutants, and regular old P/E predictabilities, it seems like a crazy and unpredictable market, HOWEVER, its fun to play and pretend like I can guess price movement, so I decided to publish my first Idea about MSFT. Any comments or advice is welcome in good taste.
Lets pretend for a moment that we did hit some sort of bottom recently............
No Crystal Ball Here!
MSFT seems like they are distanced enough from the social media AD pressure + have enough diversity with Azure to dodge the computer sales impacts, BUT I think that the next big price movements will rely on good earnings with positive forecast (obviously). The 10:1 volume for buying last weekwas especially reassuring and I think MSFT will remain in an uptrend for the next couple of weeks. We are right at the 200 day moving average. There is
good resistance at $250 and $255 and I think that MSFT will try hard to stay above $250 no matter what. Part of BIG TECH, found in VALUE Etfs, doesn't
rely on advertising, and also has a near 1% DIVIDEND. I love MSFT these are my personal ideas.
These are just ideas and not professional advice or anything related to advice.
Safe trading.
Nice 3 day move in QQQsQQQs have had a nice 3 day move clearing its downtrend line. If it consolidates here for a few sessions and holds $300 area, will then look for it to then move towards next target area of $315. Next week will be crucial with big tech earnings (AAPL, GOOGL, META, AMZN etc.) along with the Fed
TSLA Tesla confirms strength on reportUpdating my TSLA idea:
After the report, tesla showed great momentum and I hope some have managed to buy.
Because any price around 780 could be a great entry point.
Now I would consider the 765 level as a good support that should hold the price.
Looking forward to further price movement!
NFLX: Earnings Play?Netflix
Short Term - We look to Buy at 188.46 (stop at 161.06)
News events could adversely affect the short term technical picture. They report earnings after the close. Broken out of the triangle formation to the upside. This is positive for sentiment and the uptrend has potential to return. Dip buying offers good risk/reward. Further upside is expected.
Our profit targets will be 260.00 and 280.00
Resistance: 260.00 / 330.00 / 400.00
Support: 188.00 / 160.00 / 120.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
ENPH- Triangle Breakout - UpdateThe solar sector has been leading the broader markets for some time now, very much eyeing ENPH along with some others in the sector for a run-up & breakout prior to, and after their earnings. ENPH is holding a big symmetrical triangle on the daily timeframe after closing on Friday sitting on its 20-Day SMA. ENPH additionally has some nice bullish divergence on the RSI on the daily timeframe, as well as holding an ascending triangle on the 4-Hour timeframe after forming a bullish butterfly harmonic pattern (See Attached Chart Below). Bullish and will be looking for a breakout from this triangle (Broader Market Conditions Permitting)- Just some support and resistance levels to watch along with some RSI-based supply and demand zones to keep an eye on in the meantime- See previous charts attached below for previous price targets.
4-Hour Timeframe
--Previously Charted--
PT1- $198.17
PT2- $200.85
PT3- $203.22
PT4- $206.60 +
Amazon earnings Hey guys,
I’m really looking forward to amazing earnings!
Little biased here leaning towards the topside although my options spread does include bottom side cover.
I noticed Amazon broke out of the diagonal trend last week which I took some profits on… And retested yesterday with a little bit of a pop.
I’m expecting to see some excitement (next week) before earnings and planning on opening other straddle (earnings week) favouring the downside into early September.
This options spread cost around 9.5 credits and I feel fresh having both ends covered until Aug 19.
FDX - Cup & Handle setup before earningsCup and handle basing pattern.
Huge institutional buying on handle breakout.
Leader the past 5 days during general market panic sell.
Risk: 80 bps
Profit Protection: 3-Day Trailing Stop Rule (Peter Brandt)
You don't need to know what's going to happen next to make money ~Mark Douglas
Anything can happen ~Mark Douglas
How to trade $FUTU for max profit todayHi traders, we have a trading idea we wanted to show you.
The idea is for the $ FUTU stock, the stock is currently in an 8% gap down following the publication of good first quarter financial statements.
In addition, the stock is breaking through the downtrend and is currently holding and trading above it. Our idea is to wait for the stock to build up as a bull flag pattern so that we can place our buy order with a target in the $ 41.8 area.
CRM: Its not all doom and gloom!!Saleforce
Short Term - We look to Buy at 168.45 (stop at 151.44)
They reported earnings with forecasted earnings rising despite strong dollar headwinds. This led to a jump in premarket and could provide impetus for further rise up. There is scope for mild selling at the opening but loses should be limited. Our outlook is bullish. Dip buying offers good risk/reward.
Our profit targets will be 222.00 and 240.00
Resistance: 185.75 / 224.00 / 260.00
Support: 168.00 / 140.00 / 115.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Gamestop (GME) Earnings AnnouncementGAMESTOP (GME) $122.4 Pre market Prev. Close $124.7 (down about .02%) @ time of analysis.
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EARNINGS ANNOUNCEMENT AFTER MARKET CLOSE WITH an EPS(earnings per share) estimate of -$1.45 and Revenue estimate of $1.3B. GME missed last 3 quarter EPS estimates and surprised last 4 revenue estimates. GME net income and revenue was on a steadily decline from 2018 - 2020 with a noticeable increase in revenue but still declining net income from 2020 - 2021 end. Debt/Assets (56%) has improved within last 5yrs with debt on a steady decline and major increase in assets( from 2020 - 2021 ). GME is currently and hasn’t been in a long time free cash flow positive. (Basic Fundamental Analysis)
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Fundamental Analysis Personal Opinion: GME isn’t investable but short term tradable. Bearish sentiment overall in my book on this company. Isn’t investable but tradable ( buy the rumor sell the news). GME share price is on a short term uptrend since May 24. Currently trading below MA60 on 15min chart timeframe but all other timeframes indicates a short term uptrend still exist.
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Chart Analysis Personal Opinions:
- Daily Chart: Downtrend continuation or beginning of a strong short uptrend.
- 2hr Chart: Pullback from previous breakout or a continuation downward (Stoch RSI, candlestick pattern and price action signals a strong sell though)
- 1hr chart providing detailed price action of 2hr chart
- 15min Chart: Trading in a range ( $120.4 - $140 ) Support and downtrend line - would wait until above MA60 or breaks above or below levels.
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Trade for the upcoming BONUS: FCF (Free Cash Flow) - a company share price will always reflect the free cash flow trend. Trending down in FCF, the share price overall will trend downwards and vise versa for an increase in FCF.
#investing#tradingforex#tradingsignals#bearmarket#bitcoin#cryptocurrency#swingtrading#daytrading#investments#money#forex#learntotradestocks#learntotrade#stockmarket
Gap:Bargain buy despite gapping down!Gap
Short Term - We look to Buy at 8.08 (stop at 5.20)
This stock has recently been in the news headlines. They reported an earnings surprise miss. We are trading at oversold extremes. A move lower faces tough support and we remain cautious on downside potential. Dip buying offers good risk/reward.
Our profit targets will be 15.00 and 17.50
Resistance: 15.00 / 17.50 / 25.00
Support: 7.50 / 5.26 / 2.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
What You Could Have Expected From Zoom's Earning Report?It can be tough sometimes to play ER, but I commend those who have the nerves to consistently play ER's. We know prices can go either way when dealing with earnings.
A company can beat on ER and gap down, a company can miss on earnings & gap up. Sometimes it feels like playing the lottery with ER plays.
There are some things you can notate before you play an earnings report.
Like how has the asset been performing leading into earnings? Has it been bullish? Has it been bearish?
What's the overall sentiment surrounding the asset?
How has the asset been performing against the market?
What is the market doing? Does the overall market seem bearish or bullish. Does the particular asset move with or against the market?
Don't just assume what the asset will do regardless of what the chatter is.
Leading into it's' ER, Zoom has been in a continued downtrend like a plethora of other stocks. Seeing this, along with price action leading into ER. I could expect for Zoom to pop after hours, Why?
One reason is that it has been in a steady decline. There were "trapped bulls" at the 107 area & price made a double bottom from the May 20th trading session into the May 23rd trading session around $85.
Seeing that, along with price being in a steady decline & the chatter of a earnings beat. You could have went long with 95-107 calls with a SL at 85(even though SL's are no good post-market). Nevertheless, Zoom pushed to 107 after hours before fading. Again, ER plays are tough, but there is a method to the madness as well. If you played Zoom's ER, I hope you were on the right side of it.
Catch yall on the next post.....Peaaaacccceeeee!!!!
ROST:Hope despite earnings miss!Ross Stores
Short Term - We look to Buy at 62.32 (stop at 53.59)
This stock has recently been in the news headlines. They missed revenue estimates for the 1st quarter. Broken out or a triangle formation to the downside. Measured move target is 61.00. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. A higher correction is expected.
Our profit targets will be 89.47 and 100.00
Resistance: 70.00 / 80.00 / 90.00
Support: 60.00 / 50.00 / 40.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Cisco: Another Bargain Hunt?!!Cisco Systems
Short Term - We look to Buy at 40.15 (stop at 37.59)
This stock has recently been in the news headlines. They reported earnings and missed quarterly revenue estimates. This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside. Trading close to the psychological 40.00 level. Further upside is expected although we prefer to set longs at our bespoke support levels at 40.00, resulting in improved risk/reward.
Our profit targets will be 49.99 and 52.00
Resistance: 44.00 / 46.00 / 48.00
Support: 40.00 / 38.00 / 36.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.