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Earningsplay

PLSE Earnings Play Long Biotech Pulse Biosciences broke out today from a positive earnings report. Biotechnology stocks often burn cash on a slow growth cycle. This company is making money and so the expected reaction occurred. The volume indicator shows selling pressure in the lead-up to today's earnings. After the report, the reversal to buying pressure occurred nearly immediately. The MACD lines crossed under the histogram and then quickly reached the horizontal zero line serving as a confirmation. I expect a good follow-through next week. This may be a great penny stock to trade or even invest.
NASDAQ:PLSELong
by AwesomeAvani
HYMC Mining Stock swing LONGSee the 4H chart for details. The analysts to not have great ratings but I have learned to respect chart patterns The falling wedge here is expectant for a bullish breakout upwards. Earnings are coming and a good report is expected with fixed costs and rising gold and silver prices. This is the timely catalyst for a trade but not an investment. The penny stock is selling at a 95 % discount off its price 2-3 years ago. I has nowhere to go but up. It could be a takeover candidate of one of the larger and more financially stable mining stocks. All in all, I think this is a good buy going into earnings. See also my idea on spot gold. . GORO is another ticker worth a good look right now but remember all that glitters is not gold. Speaking of miners I have a long idea for BTBT, a crypto miners which has upcoming as well.
NASDAQ:HYMCLong
by AwesomeAvani
Falling Wedge- Bullish - UpdateENPH has been trading sideways for quite some time now while simultaneously getting beaten down by the broader markets, and testing a very strong resistance level circa $223-214.00. However, ENPH has seemingly found a bottom with a significant amount of bullish flow coming in while heading into earnings on 4/23'. From a fundamental standpoint, relative to others in the sector such as FSLR, ENPH is undervalued compared to other big names in the sector. Nevertheless, ENPH is setting up quite nicely here, hovering in and out of oversold territory while holding a massive falling wedge, accompanied by hidden bullish divergence on the RSI on the weekly timeframe (See Attached Chart Below). Furthermore, ENPH is sitting right on its 50-day SMA while bulls & bears are pulling. Regardless, Bullish and will be looking for a breakout from this wedge (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 --Previous Charts Attached Below As Well As Price Targets-- PT1- $222.58 PT2- $228.34 PT3- $234.62 PT4- $240.37 + Weekly Timeframe Fundamentals Previously Charted
NASDAQ:ENPHLong
by jacobosiason7
Symmetrical Triangle - Sympathy PlayEyeing the entire solar sector here as ENPH heads into earnings tomorrow after retracing back down to the 220 range. Intend to play both, however, SEDG is unique in the sense that there was not the usual retrace back to its respective 200-day MA and has been trading rangebound for quite some time now. Some slight hidden bullish divergence on the RSI, a big symmetrical triangle, a bullish gartley harmonic pattern, and increasing buyer volume relative to seller volume. 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- Price Targets & Previous charts are attached below PT1- $325.71 PT2- $328.88 PT3- $334.29 PT4- $341.68 + --Previously Charted--
NASDAQ:SEDGLong
by jacobosiason7
2
Truworths crashing after results and new target in play Truworths has formed an M Formation over the last few weeks. The price broke below the neckline and now it looks like the next target is in play. 21=7 - Changing Price >200 - Bullish RSI <50 Bearish Mixed view with bearish bias. Also it seems that the market is not appreciating the Truworths $JSETRU 1H 2023 results. Revenue R11.73 billion, +14% y/y Net income R1.88 billion, +6.1% y/y Adjusted EPS R4.874 vs R4.438 y/y Gross margin 53.5% vs. 53.6% y/y Interim dividend per share R3.20 I'm bearish right now but with the mixed signals anything can change.
JSE:TRUShort
by Timonrosso
NVDA NVIDIA Corporation Options Ahead of EarningsIn case you haven`t bought the dip: Then you should know that looking at the NVDA NVIDIA Corporation options chain ahead of earnings , I would buy the $210 strike price Puts with 2023-7-21 expiration date for about $24.25 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. I have chosen that expiration date to allow me to be wrong and not close the position and to have a bigger gain by the expiration date, if NVDA keeps going lower. Looking forward to read your opinion about it.
NASDAQ:NVDAShort
by TopgOptions
3
NIO: CHART UPDATE / SUPPLY & DEMAND / FULL BREAKDOWN & RSI DESCRIPTION: In the chart above I have provided a SEMI-MACRO analysis of NIO STOCK. As an update to my previous chart on NIO this chart features a much more clear interpretation of where price action can head in the near future. POINTS: 1. Deviation remains the same. MACRO DEVIATION = 10 POINTS, MICRO DEVIATION = 2.5 POINTS 2. Current Trend: Symmetrical Triangle Pattern 3. Earnings Report 03/23 RSI: 1. Pay Close attention to Lower Lows in Price Action & where RSI tends to reset at those given points. 2. Notice how RSI is showing sideways momentum in OVERSOLD territory for NIO this is usually indicative of an upcoming shift in momentum as SELLING BECOMES EXHAUSTED. IMO: Let's take into consideration that lately COMPANY FUNDAMENTALS have not reflected onto NIO's STOCK PRICE but I would also take into consideration just how beaten down this stock is and where China's economy is currently headed. SCENARIO #1: In a BULLISH scenario price action holds above 10 & sees next move up to 12 to confirm continuation of current setup before another possible retest of 10 as a SUPPORT. BREAK OF 13 would be a BULLISH entry point imo. SCENARIO #2: In a BEARISH scenario price action loses 10 as a SUPPORT and will rely on 9.50 as a SUPPORT if this were to break SUPPLY & DEMAND CHANNEL will rest between 9.50 & 7 digging an even deeper pit for NIO to climb out of. FULL CHART LINK: www.tradingview.com NYSE:NIO
NYSE:NIOLong
by DGSTBROKERACC
2
PSNY: CHART UPDATE / SUPPLY & DEMAND / SEMI-MICRO ANALYSIS / RSIDESCRIPTION: In the chart above I have provided a SEMI-MICRO ANALYSIS of PSNY. With previous setup being invalidated with continuation of sideways price action and continued consolidation. POINTS: 1. Deviation of 1.50 points justifies SUPPLY & DEMAND POCKET PLACEMENT. 2. RSI has now officially reached 40 threshold signaling an entry into OVERSOLD TERRITORY. 3. MACD CONTINUES LIMITED BETWEEN 0.14 & -0.14 without major shifts. 4. Despite RSI's drop into oversold territory, MACD continues to hold squeeze momentum. IMPORTANT: EARNINGS REPORTED ON MARCH 3 & BREAK OF 6.50 WOULD BE FIRST STEP BEFORE FURTHER UPSIDE. SCENARIO BULLISH: In a bullish scenario it would prove crucial for price action to hold above 5.50 with an eventual break above 7 to move price action into NEW SUPPLY & DEMAND POCKET. SCENARIO BEARISH: In a bearish scenario price action breaks 5.50 to the downside and we come to continued bearish momentum to $4. FULL CHART LINK: www.tradingview.com NASDAQ:PSNY NASDAQ:PSNYW
NASDAQ:PSNYLong
by DGSTBROKERACC
$SHOP Technical Indicators for Short-Term Trading Strategies $BA @everyone MACD Divergence Stock price and moving average convergence divergence (MACD) indicator are showing a bearish divergence i.e price is making new highs while RSI is making new lows. This is generally a reversal signal. Horizontal Resistance Daily price is touching a horizontal resistance level. Price can hit the resistance level and start going down, which would be a bearish signal. It can also break out of it to form a breakout, which would be bullish. Yearly High Close Price is close to the yearly highs. Inside Day When today's high and low are both within the yesterday candle's high and low. Potential Breakout Price is close to breaking out from a resistance level. For Chart Like Mine Link In Bio
NYSE:SHOPLong
by ImmaculateTony
SBUX - Bearish Divergence - Short OpportunitySBUX seems to be showing a bearish divergence with the price action and RSI. If you can look at the chart, see how the Price action is creating Higher Highs, and RSI indicator is creating Lower Highs. That is a bearish indicator. Obviously, we do not want to make our decision just by using one indicator. We also see a rising wedge (in yellow) which we can use to mark our entries. As drawn on the chart, if the price breaks and closes below the rising wedge, we can enter PUTS and ride it until after earnings. The trade will get invalidated if the price breaks and closes above the bigger rising wedge (blue) , or (109.76) which we can use as a Stop-Loss. I've also marked some key support levels on the downside which you can use to plan your exits. TRADE: Option 1: (ITM) $110 Puts Expiring 3/17/2023 (around $530 per contract) Option 2: (OTM) $95 Puts Expiring 3/17/2023 (around $100 per contract) Stop-Loss: Price closes above 109.76 Risk: HIGH . (This can easily backfire and run up with the earnings FUD and depending on the result.) But I'll stick to my strategy and add the trade with a tight stop. As earnings are approaching, it is always risky to trade the ticker due to high volatility and not having a clear direction bias of the result. This is just my opinion. Do you own research before entering the trade. Let me know what you think in the comments below. Would love to see some of your inputs.
NASDAQ:SBUXShort
by MoneyChartz
SQ - Update - Potential ReversalSQ has been holding a downtrend for quite some time now; with buyers stepping in heading into earnings, we could see a nice bullish reversal coming and a breakout of the downtrend. Square's holding a massive falling wedge on the weekly timeframe, accompanied by some bullish hidden divergence on the RSI, Bollinger bands squeezing, and a huge bullish cypher harmonic pattern. Additionally, an inverse head and shoulders has formed on the 4-Hour timeframe (See Attached Charts Below). Similarly, on the daily timeframe, SQ is within a symmetrical triangle with some bullish hidden divergence on the RSI and a bullish Gartley harmonic pattern. Bullish and will be watching closely for a breakout from this wedge and triangle as buyers continue to step in (broader market conditions & earnings permitting)- Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on in the meantime. **See Below for Price Targets, Weekly Timeframe, and Previous Charts** PT1- $73.87 PT2- $78.82 PT3- $81.03 PT4- $86.76+ --Weekly Timeframe-- - Falling Wedge - Bullish Harmonic Formed on the Daily & Weekly Timeframes - Bollinger Bands Squeezing --4-Hour Timeframe-- - Inverse Head and Shoulders - Bullish Hidden Divergence on the RSI
NYSE:SQLong
by jacobosiason7
3