Get started

Earningsplay

ROKU EarningsROKU has formed an amazing setup ahead of its ER this week. After a higher run up at the beginning of July, it has consolidated into a great bull flag that looks ready to take off again before and after earnings. Using the length of the flagpole ROKU has a good long term bullish case to reach a new ATH and potential push further towards $195 or even $200. Note that the RSI is slowly reaching that overbought region so it may be due for some further consolidation before hitting those levels. In the meantime, ROKU's ER run up provides a good opportunity to ride the wave up. We know that ROKU can be a fast mover, and I think there is potential for a big single-day gain as it nears earnings, and maybe even after. Remember, however, that playing earnings is even riskier than normal options trading, so be aware of the IV heading into this week.
NASDAQ:ROKULong
by nmatto
1
CHGGChegg (CHGG) closed at an all time high today along a strong support. It is showing some resistance at around the $79.50 level, however with earnings on Monday 8/3, it may look to consolidate/run up pushing new levels. If it breaks 79.50, I am looking for a first price target at 82, and a second price target at 85. Previous two quarter ER's were misses, however last quarter's ER market reaction showed a gain of $22, and with a new ATH today CHGG may look to continue pushing upwards.
NYSE:CHGGLong
by nmatto
MasterCard (Ma) BuyTHis can be seen as an earning play. Price is in an uptrend. There was a retracement to the 38.2 fib level, followed by some consolidation . Price range between the two red levels. Price then broke out and retested the upper range level which once acted as resistance but is now acting as support. The previous candle was a doji, which I think may be signaling a reversal. Im expecting price to meet resistance either at the trendline or the above supply zone.
NYSE:MALong
by NoCeilingsTrading
Bullish Charts - Robust Earnings, Undervalued & 7.79% YieldNavient Corporation provides education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels in the United States. It operates through four segments: Federal Education Loans, Consumer Lending, Business Processing, and Other. The company holds and acquires Federal Family Education Loan Program loans that are insured or guaranteed by state or not-for-profit agencies; and performs servicing and asset recovery services on its own loan portfolio, and federal education loans owned by the United States Department of Education and other institutions. It also holds, originates, and acquires consumer loans; and performs servicing activities on its own education loan portfolio, including private education loans, and private education refinance loans. In addition, the company offers revenue cycle management and business processing services; and healthcare services that include revenue cycle outsourcing, accounts receivable management, extended business office support, and consulting engagement for federal, state, and municipal clients; public authorities; and healthcare organizations. Further, it provides customizable solutions for its clients that include hospitals, hospital systems, medical centers, large physician groups, and other healthcare providers; and corporate liquidity portfolio and debt repurchase services. The company was founded in 1973 and is headquartered in Wilmington, Delaware. 07/21/20, Navient Q2 Earnings Blew Away Wall Street Estimates Daily Chart looks Bullish with indicators turning up, positive. BULLISH The company has a current P/E of only 4.94x Current EPS: $1.54 Yield: 7.79% Reported Earnings: Q2 EPS $0.91 Beats $0.47 Estimate Market Cap: 1.5 Billion Institutional Ownership: 98.17% In my opinion, the stock is DIRT CHEAP at current levels. Compare this company's earnings to Bank of America & Wells Fargo, NAVI is blowing away Bank of America earnings along with many other large banks including Wells Fargo! I think NAVI should be trading around $30.00 all day long with the earnings the company is delivering. Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
NASDAQ:NAVILong
by HotCharts
2
$TSLA Can Reach $1750+ Post-Earnings CallRight now, I'm keeping a close watch on the correlations again for Tesla. I think if Elon Musk surprises Wall Street again beating earnings, this stock can easily pick up support momentum like it was doing July 13th, and this may pass the $1750 price point. That being said, it is mid to high risk currently at this price given the tight time frame, but I'm still very bullish as I have historically been and likely will be. Keep in mind, everything I say is on an opinion based basis. Do your own due diligence and invest at your own risk.
NASDAQ:TSLALong
by gamer456148
5
SMITH&WESSON ($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