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.
Earningsplay
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.
FUBOTV moves before earnings LONGWith upcoming earnings on August 4th, as shown on the @H chart, FUBO is moving.
The set of three EMAs (35/70/280) show an impending crossover the longest EMA
and a golden cross between the other two has already occurred. The MACD demonstrates
the bullish momentum. The dual time frame RSI has the low/green line crossing the 50
level from well below it and then the high/ black line in the 60 range another confirmation
of bullish trend strength. I can appreciate that other traders are anticipating a bit of
a jump in the event of an earnings beat. I will join that group. The target is the level of
the double top of mid-July. The stop loss is the level of the golden cross of the EMAs.
An identified options trade is the strike of $ 3 expiring 8/11.
OPEN OpenDoor a Penny Real Estate LONGOPEN has earnings upcoming on 8/3. An analysis of the 4H chart with overlays shows
bullish momentum in the set of zero lag EMA lines as well as upgoing anchored VWAP
landlines. Price crossed over the mean VWAP ( thin black) and the POC line of the
volume profile one month ago. The MACD shows bullish momentum since July 24th.
The dual RSI indicator shows the low time frame green line rising and then crossing the
steady higher black time frame line the past trading day and both being at the 60
level.
OPEN is a long trade setup with earnings around the corner. I will take it.
SBUX upcoming earnings opportunity LONGSBUX fell going into earnings in early May and continued down all of May then pivoting
into a slow climb on this 2H chart through the lower anchored VWAP bands until the present
where it is about to cross the mean VWAP lines as signaled by an engulfing green bar after a
Doji. The dual time frame RSI lines have both near the 50 levels with the lower in green
slightly above the higher in black. I see SBUX rising in the earning upcoming this week.
The target is the ascending trendline in black at about 104 for a quick 2.5% ROI in 2 days.
I will play this with some call options contracts striking 102 expiring August 11th. I will take
half of them off with a 50% unrealized profit and let the remainder run until 8/9 to avoid
acceleration of time decay.
DASH a quick play on earnings LONGDASH has earnings upcoming in two trading days. Since the last earnings three months
ago, on the 4H chart, DASH looks to be very healthy and decidedly bullish. The nearly
continuous MACD lines above the histogram say it all. The PVT shows occasional pullbacks
of the price volume product which are the ideal entries for a long-term swing trader or
investor. Earnings could beat or disappoint seemingly a beat is more likely. Price just completed
a mini pullback and resumed the trend. The " upper Bollinger band walk" is highly
bullish. I see a long trade of perhaps 5% upside with little risk. An options trade with
5 days DTE expiring 8/4 could have far more significant profit carefully constructed to
limit risk with relatively wider stop loss. Good luck to all who elect to take this trade.