PANW Palo Alto Networks Options Ahead of EarningsIf you haven`t bought PANW`s Double Bottom here:
or before the earnings here:
Then analyzing the options chain and the chart patterns of PANW Palo Alto Networks prior to the earnings report this week,
I would consider purchasing the 230usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $7.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Earningsplay
AlertNVDA stock just breaks out of a bullish flagThis week, Wall Street will focus on Nvidia's quarterly report as investors search for potential catalysts to rekindle the U.S. stock market recovery.
In addition to a 6% gain last week, the chipmaker's shares are up 6.66% so far on Monday ahead of Nvidia's quarterly report on Wednesday.
NVDA stock just broke out of a local bullish flag. Traders expect it reaches $500 in the short term.
The technical target of the pattern is just below $600!
DLTR reverses up on pre-earnings move LONGDLTR has earnings in 3-4 trading days. On the 30 minute chart it has been sideways
and maybe a little down for this past week which is par for the course given the
general market. In the last trading day, price bounced up from the lower of
the two Bollinger band set at 2.618 standard deviations below the mean basis
band. The ZL MACD lines are upgoing and crossed over the zero-line. The
ADX lines both negative direction and positive direction are flat and ad the zero
level. The BB Oscillator demonstrates the bounce at the Friday morning open.
I will take a long trade in DLTR in the next three days anticipating that trader
interest and a little greed will push the price higher. I may take a call option as
well. If you want to know which call I may have an interest in taking, please leave
a comment.
APRN Gained on Big Earnings Miss SHORTAPRN on the 2H chart demonstrates continued burning of cash and the burn rate
is more than the estimates of the analysts. With the double Bollinger Band overlaid,
Price since those dismal earnings has increased up more than 50% and is now at the dynamic
resistance of the volatility bands. Confluent with its rise to the upper bands is the rise of price
to three standard deviations above the mean VWAP. I see this as a short trade setup
with the price falling to the 0.5 Fib level confluent with the POC line of the volume profile
as well as the mean VWAP which I will target in the trade. If you want my idea as to the
put option equivalent parameters, please leave a comment. ( like and follow if you are
inclined !) I am looking to get 20% out of the short sell. The put option is screaming for
at least 100% and potentially double that.
ABNB looking to reverse a retracement LONGI look to see if ABNB will bounce from a 0.5 Fib Level and continue a trend up. This is shown
on a reliable daily time frame chart showing an unusual reaction to decent earnings. I will
watch for support and then reversal on that fib level. I will go down to 30-60 minutes to
find the entry. The chart has the death cross MAs and a confluence of the long MA with
the fib levels.
UPS United Parcel Service Options Ahead of EarningsAnalyzing the options chain and the chart patterns of UPS United Parcel Service prior to the earnings report this week,
I would consider purchasing the 170usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $7.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
X United States Steel Corporation Options Ahead of EarningsIf you haven`t bought X here:
Then analyzing the options chain and the chart patterns of X United States Steel Corporation prior to the earnings report this week,
I would consider purchasing the 26usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $1.24.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
BTTR- a volatile pre-earnings high flying penny stock LONGBTTR has been slowly gathering steam since last week. Today the buying momentum
went into high gear with a big jump. This is a penny stock about as volatile as it gets
with its backstop far below current market price. With earnings in two days BTTR could
easily run another 30% turn around and fall. The price action and the MACD speak for
themselves. I will take a small position about 3% of my account with a stop loss of 10%
given the volatility. I will advance the stop loss but give room to account for the volatility.
I would like to make about 20-25% on this trade over 2-3 days and will have TV alerts to
let me know when the tide is about to go out. One alert will be the fade on the Price Momentum
Oscillator while the other price crossing down on the faster HMA.
LABU 3X leveraged Medical Technology LONGLABU over the past ten trading days has trended down from the top of the volume profile
to near the bottom. The Price-volume trend is flat showing accumulation/coiling.
The price momentum oscillator shows an uptrend suggestive of bullish divergence and
the volumes are stable at or above the running mean. I see this as a good long trade
as some if the ETF components are pumping through earnings. If you are interested
to know my thoughts on a call option setup, please leave a comment.
LLY Earnings Play LONG ( Flat Bottom Triangle Breakout)My analysis is on the 2H. I am uniquely qualified in my fundamental analysis. This is a one
day until earnings. My thesis is the earnings will stimulate what will be a breakout from
a flat bottom triangle. I will buy one share of stock. I will spend a similar amount on
call options striking $460 expiring August 11th. I see LLY as surging while PFE is a bit
challenged with the fall off in Covid vaccine work. If you find this idea interesting and
might appreciate my ideas as to a stop loss and targets, leave a comment. Like and
subscribe. Trade well !
IMPP a volatile penny oil/energy LONG pre-earningsIMPP is rising from its lows of July after falling from a triple top in June at 3.8 which is
the target for a long trade. Price is now above the POC line of an intermediate term volume
profile having crossed the mean VWAP line anchored at the share split (purple and thick black
lines respectively). Price bounced off the first negative standard deviation line making this
a VWAP band bounce. The MACD lines are upgoing and so diverging. I see a stop loss of
0.2 as compared with a profit target of 0.6 making this setup a r:R ratio of 1:3. I will go long
here also knowing of the rising energy sector supporting this ticker. This stock is a retail
trader favorite when energy is" hot". With earnings in the morning, for me this is a no brainer
to buy in the premarket and if rising complement with a call option. If you want my idea of
a good call option, please ask in a comment.
BIOL- running earnings 8/10 LONGBIOL had a triple top in late July so this is a logical long target at 8,0, With earnings in less
than two days, volumes above the mean in the past couple of days and a decent
price-volume product trend coupled with a Price Monetum Oscillator without any signs
of topping out in a momentum stall or fade. I see this as a long pre-earnings play
with about 12% upside to the target from the current price. BIOL has no options. The
last earnings were a solid cash making top and bottom line beat. Go BIOL !
ADN Advent Technologies Holdings Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ADN Advent Technologies Holdings prior to the earnings report this week,
I would consider purchasing the 1.50usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.17.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
PLL - Inverse Head and Shoulders - WeeklyWatching LAC & PLL closely here as the lithium sector heads into earnings. PLL is seemingly holding the same channel after breaking out and retracing back to the channel it's currently holding. PLL is holding the same channel on the 4-Hour timeframe with its Bollinger bands squeezing, along with a Bullish Butterfly Harmonic Pattern, MACD golden cross. Bullish and and anticipating an upward move following their respective earnings reports. (Broader Market Conditions Permitting)- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones in the meantime -- Price Targets & Previous Charts Attached In Description --
PT1- $56.12
PT2- $58.74
PT3- $60.07
PT4- $61.26+
--Previously Charted--
Apple -> Massive Breakdown And Now?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Apple 💪
Starting on the monthly timeframe you can see that after Apple broke out of the clear triangle formation in confluence with the bullish moving averages, Apple created a strong rally of 30% towards the upside, breaking major resistance.
As I mentioned over and over again the weekly timeframe looked quite overextended so I do expect even more short term bearish pressure before a reversal will be quite likely.
With Apple's gap down of -5% on Friday my last analysis, linked below, perfectly played out but there is no reason why Apple stock should reverse immediately so be careful and don't jump into longs too early.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
AAPL Buy Long on Pullback?AAPL has been rock solid this year as illustrated by the daily chart. It is no
surprise that AAPL is Warren Buffets's biggest holding. The earnings were a
top line beat with revenue flat. New iPhone sales are off. The TSLA idea
of dropping price to boost demand and trying to maintain margins will
come into effect. The dip this week is remarkable given the range of those
red candles. Based on VWAP bands, AAPL is overbought and overvalued but
not badly so. Price has dropped under the longest moving average (HMA140)/
This is a small pullback I will use the opportunity to purchase a call option
striking over the money at $205 for mid-November as an intermediate
term veto that AAPL will march consistently higher. Because of this pullback
the options contract will be a bit cheaper and easier from which to achieve
a realized profit.
AMRX Biotech earnings Today LONGAMRX is a penny biotechnology stock with earnings out on the Friday the 4th.
As you can see on the 15 minute chart, it took off out of consolidation on
Wednesday afternoon in a burst of price volume and volatility into an
ascending parallel channel.
I will buy the stock in the pre-market attempting to exploit the momentum
going into earnings. If there is a miss, I will quickly liquidate and instead
buy put options expiring on 8/18 striking $ 5 and get as many as 100 of
them. This will be a highly risky trade albeit with a comparable reward.
I will position to 0.05% of my account cash balance and no more.
FSLY Fastly Options Ahead of EarningsIf you haven`t sold FSLY Head and Shoulders bearish Chart Pattern here:
Then analyzing the options chain and the chart patterns of FSLY Fastly prior to the earnings report this week,
I would consider purchasing the $17.50 strike price Calls with
an expiration date of2023-9-15,
for a premium of approximately $1.97.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
PYPL PayPal Holdings Options Ahead of EarningsIf you haven`t sold when ARK did:
or when the CFO left for WMT:
or reentered this dip:
Then analyzing the options chain and the chart patterns of CAT Caterpillar prior to the earnings report this week,
I would consider purchasing the 73usd strike price at the money Calls with
an expiration date of 2023-8-25,
for a premium of approximately $4.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Massive Falling Wedge Headed Into EarningsAlways keep an eye on LAC, however, I've never seen it hold within a falling wedge for as long as it has, while heading into earnings. LAC is still holding the same massive falling wedge on the daily and weekly timeframes. LAC has a nice double bottom and MACD golden cross on the daily timeframe, accompanied by a bullish cypher harmonic pattern. Bullish and will be looking for a breakout from this wedge (Broader Market Conditions Permitting)- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones in the meantime -- Price Targets & Previous Charts Attached In Description --
PT1- $20.81
PT2- $21.67
PT3- $22.54
PT4- $23.78
--Weekly Timeframe--
-- Previously Charted--
SOFI vwap crossover earnings 2 days LONGOn Friday the 28th SOFI had a good day. I am looking for more of the same going
into earnings. It dropped through the middle VWAP bands and remarkably rebounded.
Great volatility to be exploited. Some consolidation at the +1 Standard Deviation band
is normal and healthy. SOFI as a financial technology has been honing its margins
in a challenging environment. I see a long trade here and will take it being careful
to take profits quickly and pay attention to the earnings release. A stock trade on an
the intraday basis is considered. A 1 % stop loss is good enough since price is sitting on
dynamic support. The target is 10.0, the pivot high of mid-July, This is 2.5% for a modest
quick trade with a risk of 1 for a reward of 2.5. Just a basic trade at a good entry.
CFLT Confluent Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CFLT Confluent prior to the earnings report this week,
I would consider purchasing the 45usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $4.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.