Get started

Earningsplay

SMITH&WESSON ($SWBI) 🚨 | This Portnoy Pump is Locked and Loaded🔪 If you are a bear, the last thing you want is to be staring down the barrel of this Smith & Wesson chart especially after Warren Buffet's successor David Portnoy set his sites on it. SWBI has been on an absolute beast of a run since the bottom as demand for firearms increased during COVID. We have some clear support levels going into what should be a solid earnings report on June 18th. SWBI is locked, loaded, and ready for gains, we just need to pull the trigger as we target the next resistance. Support: We have tested this level already, we may see another test, or we may simply move up from here, both work well for the bulls. If S1 can't hold, the bulls will need to see the S2 orderblock and S/R flip hold. Although this level could work, it also opens the bulls up to a potential move to the downside as illustrated on the chart. Earnings is only two days away, losing momentum going into earnings may still result in a nice move for the bulls, but what bulls really want to see is the rally into earnings (as that gives them more flexibility to say close part of their position before earnings come out). Given this, S1 and S2 are the only logical targets for the timeframe. Resistance: In a perfect world, the bulls see a move off of S1 right into the R1 prior S/R flip before earnings. This simple and quick play offers about 14% profit. If the bulls can make it past R1, perhaps on earnings strength, then the R2 orderblock is the next point of contention and is a logical place to look at closing positions after earnings. Summary: Nothing wrong with being long term bullish on SWBI, but for those who are just playing the Portnoy pump your ideal play here is a quick trade, in-and-out before earnings. For those a little more bullish, earnings is likely to be impressive and we could see R1 or R2 hit after depending on what happens leading up to the 18th. What you don't want to do is try to be a hero and go bull below S2, riding the momentum makes sense, but being late to the party could mean ending up being bear food. Resources: www.earningswhispers.com + www.theguardian.com + www.fa-mag.com Hit that 👍 button to show support for the content and help us grow 🐣
NASDAQ:SWBI
by AlphaBotSystem
9
HOME DEPOT ($HD): Essential Business Uptrend Scalp/Swing✨ New charts every day ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Home Depot has been doing business through COVID, earnings were good last quarter and expectations seem reasonable for this quarter's earnings on the 19th. Assuming this uptrend continues until earnings, there should be a a nice scalp long or two in here. Let's look for a setup. Resource: www.earningswhispers.com --- 1. Fractal Trend is signaling an uptrend (Blue bar color) on the 30 minute chart, and that means we can take long setups with our strategy. 2. With the strategy, we are looking to open a long position after a reaction from either a bullish orderblock plotted by Orderblock Mapping or a S/R level plotted by Directional Bias. 3. S2 and S3 look like they will act as support in the current uptrend and offer us a great entries. 4. Our target for our S2 entry (Scalp trade) is a retest of R1, with our stop loss just below the previous gap from the S2 entry. 5. The target for our S3 entry (Swing trade) is the right below the previous swing highs at ~245, our stop for the S3 entry is set below the S4 levels as we expect those levels to support price if we have a correctionary pullback. 6. Exit any positions if stop losses are hit or if Fractal Trend turns bearish (Maroon bar color) indicating a downtrend.
NYSE:HD
by AlphaBotSystem
ACTIVISION ($ATVI): Call of Earnings✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- Will Activision's upcoming earnings be as active as their player count since COVID? Or, are we missing some potential Pitfalls? Let's take a look and see if we can't predict ATVI's Destiny. --- 1. Range MA is showing an uptrend (Green bar color) for ATVI on the 4 hour chart. 2. With this setup, we want to take long positions when we get a Bull signal in an uptrend (and go short when we get Bear signals in a downtrend). 3. We are currently waiting on a Bull signal, but generally see an uptrend here into earnings. 4. Assuming the uptrend continues, we will be looking for a reaction off of R1 and R2 on a move up into earnings. 5. If we get a surprise upset, or if the broader market pulls us down, we will be looking at S1 and S2 as potential support levels. 6. One possible play here is to wait for a pullback off R1 and then to long on a Bull signal (or simply continued strength). Generally, however, this chart suggests that being long into earnings is at least a sound idea based purely on the trend.
NASDAQ:ATVI
by AlphaBotSystem
PAYPAL (PYPL): Getting Paid With PayPal✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- It's time to get paid with some PayPal (PYPL) plays. Let's go! Today we are looking at PayPal's chart going into earnings. The bet is that this online payment company did will during the second quarter under COVID and that we will be seeing new highs going into earnings on May 6th or shortly after. --- 1. PayPal is already back up near its previous highs, having gotten rejected at the R1 bearish orderblock. 2. We got a long signal from Fractal Trend (Green background color) and a long signal from Breakaway Scalper (Green bar color) back in mid-April. We take long positions when Fractal Trend is bullish and then Breakaway Scalper is bullish, so this setup worked well. 3. We have a trailing stop still active on that long to lock in profits and will be relying on it to signal an exit upon the run up if we break these highs at R1. 4. The idea here will be to stay in the long position into earnings, assuming the strategy continues to give us the "green light." This is because earnings momentum may bring us higher and force quite a few people to cover their shorts as well as earning being great from all the recently generated revenue while everyone has been at home from the quarantine. 5. If we do break down for whatever reason, perhaps due to weakness in the overall equities markets, or perhaps if earnings are surprisingly bad, then support levels to watch are S1 and S2. That said, the idea here is to get paid with some PayPal, and the strategy suggests the best way to do that according to the strategy is to stay in a long position for now. So that is the play.
NASDAQ:PYPL
by AlphaBotSystem
5
Bullish on daily, as long as $62.75 holds. Fib levels shownBullish on daily TF, as long as $62.75 holds. Fib levels shown below. Weekly - Possible cup forming and bull flag, but there is bearish RSI devergence. Options - On Friday, April 17, 2020 , 3,850 contracts were bought of the $72.50 call expiring on Friday, May 15, 2020, which are still in OI. 8.5% Move expected. May 8 P/C ratio .42, May 15 P/C ratio .25. Q1 Earnings – They have beat Q1 EPS and Revenue expectations since 2014. Good Luck this week!
NASDAQ:ATVILong
by hockeysniper
3 ways to play this earnings | Beyond Meat Technical Analysis3 in-depth scenarios taking you through how I plan on playing earnings with NASDAQ:BYND Scenario 1: Mini Falling Wedge (Bullish) If this is indeed a falling wedge, we should see it smack both support and resistance 3 times prior to its decision. If this is the case, I'll be looking to grab a position later this week for a short-term trade. Scenario 2: Massive Bullish Channel This is why we need to be very patient with this trade. TA would tell you we should see another retest with even lower lows before breakout long-term. If we hold under I'll back up the truck and prepare to load up the puts. Scenario 3: Beautiful Earnings Rip In the case of a massive breakout, I will aim to grab a few calls with some time (expiring 2 weeks after earnings) with a strike around $120. If we get a solid correction I'd hope we can grab something like $115 strikes for the price of the $120 strikes at open. Once again, if breakout is successful we will see price movement toward $120 before earnings most definitely. If we grab 3 or 4 $115 calls expiring may 22, we will probably be able to sell 2 for our original investment plus profit. This would allow us to hold the remaining contracts through earnings. "Risk it for the biscuit" but secure your profits at the same time :) Depending on the next 48 hours, I will choose one of these scenarios. We will ball out, this is Easy Loot. DO NOT TRADE THIS! YOU WILL LOSE MONEY... DOTCOMJACK
NASDAQ:BYND
by DotcomJack
4
Why I think Post Earnings Trades can be more profitable! PLEASE NOTE: this is just my opinion. I know a lot of people who LOVE trading earnings and can and do have some pretty good results. If you trade earnings, that's awesome, I just always say no matter what or how you trade, just have a plan and stick to it! But for me, earnings just doesn't fall into my game plan. I used to trade earnings with some up and down results and finally came up with a game plan and stuck to it -- COMPLETELY forget about earnings! And, if anything, trade POST EARNINGS, not PRE-earnings. Ever since, my consistency has increased. Yes, I understand there are many viewpoints here, i.e., great to capture volatility crush by selling; ability to capture huge move with little risk lotto. Yea, you can bank pretty good if you get an earnings right, but there are so many factors working against you that I would rather trade 10 consistent trades with a higher win percentage compared to making 10 trades with the hope that fate is on my side for at least one or two of them. So, this is why I think post earnings can better set you up for more sustainable, consistent profits. I've attached an image of Netflix. With their recent earnings, figured I'd just use them for an example. To help illustrate, I'm using the Oct. 16, 2019 earnings. So, what is my set up for earnings? ABSOLUTELY NOTHING! I trade wave theory and supply/demand. Let's walk through this hypothetically .... Pretend there is NO such thing as earnings for this... It's beginning of October and I want to make a trade in Netflix. I go chart it, find supply/demand, and low and behold, "NOPE, not entering a trade yet. We are currently in a chop zone. But, based on my game plan, I will WAIT and LOOK TO SHORT at the 300 supply zone OR I will WAIT and look to enter a LONG position at the demand zone around around 268." Game plan set, set some trade alerts/price alerts, and now wait. Oh, Oct. 17 I get an alert Netflix has entered a supply zone. I go, check out price action, and potentially decide to enter a short trade because price for some reason rocketed up to a BIG supply zone. I enter a short and stick to my game plan until invalidation level. Well, Oct. 18 rolls in and the stock has now dropped by end of day from 308 down to 273! Let's say I lock in some profit and I close all positions. I have now followed my game plan up to this point with no consideration as to what, why or how price entered my target zone. My main thing is to find my entry zones and WAIT until price gets there, no matter the reason of how. Now, after I close out, I re evaluate. Oh, look at that, there is a BIG DEMAND zone down at 265 area. Guess what, another trade alert set and then it triggers. I go and review price action and see that there was a WHOLE LOT of selling directly into demand. Sweet, a confirmation signal I look for. So, lets say I now enter, according to my game plan (short supply, long demand), I enter a long position at 268. Well, as you can see, sticking to my game plan and the general concept of powerful moves being able to come out of demand, price trended all the way up to 338. Lets hypothetically lock in those gains and move on to the next trade! ...... Well, happens all the time, but lets say someone asks, "OMG, did you trade Netflix earnings? I made a killing on the pop up! (or lost on the surprise beat)." My response: "ummmm I didn't even know there was earnings...." My game plan: less stress; putting odds in my favor; potentially made some awesome swing trades for a total point value of about 110 points! Person who traded earnings: stressed; ears and eyes locked onto the news; fingers crossed that the $100 lotto/gamble they made will pay off and hoping that fate is on their side. Funny thing too to help illustrate the horrendous odds of earnings ... this earnings report posted a surprise BEAT; so, rightfully so, the price rocketed right up! However, that rocket landed SMACK DAB in a supply zone. So, to the person trading earnings scratching their head as to what the heck happened to the stock after posting such a great report??? Well, lets look: you bought in a chop zone where the market was already indecisive of where to go and the report did nothing more than to SPEED UP THE PROCESS of helping the stock price either go to a demand or a supply zone. Here, earnings, I suppose, just helped to accelerate time a little bit and pushed it straight to supply. Once it got there, there were a whole lot of sellers waiting to just dump their holdings. And, ironically, at the same time, you have all of your Earnings "Winners" locking in their profit, also dumping off their holdings. Result = good earnings report > massive price swing to the negative If this is too long, I apologize. I just hope this makes sense and hopefully helps to illustrate to people my reasoning as to why I don't trade earnings. Seriously, I couldn't tell you when an earnings report is on any of the stocks I trade. The only time I look to when earnings are is to help me decide how far out in time to purchase or sell my putts or calls. Meaning, if I was going to buy 6 weeks out and find out that that expiration lands right on earnings, then I will SKIP THIS DATE and go out maybe 8 weeks or go shorter to maybe 4 weeks out BECAUSE I do not want to buy elevated implied volatility due to an event that has absolutely no bearing on how I trade. Let the trade set-up establish itself FIRST; don't trade hoping for a set-up to happen...
NASDAQ:NFLXEducation
by PT_Marche
8
American Express UPCOMING EARNINGS!! With earings on Apr 24, I think they will miss, due to the stay at home ordes b/c of the coronavirus. -I'm sure a large number of customers are choosing to defer their payments, ultimately affecting AXP revenue. - Am. Express has been on a nose dive since January - it found resistance at the 38. 2 level and im riding it down back to 68-70 (or the 0.0) fib level where it may find support.. - Price also respected the 6.81 fib level on the daily time frame Feel free to like, comment, follow.
NYSE:AXPShort
by NoCeilingsTrading