NASDAQ:SGMS Possible Scenario: LONG Evidence: Price Action TP1~ 46$ TP2~ 49$ Call options, Strike 50$, 05 /21/21 This is my idea and could be wrong 100%,
$SGMS Scientific Games Corp - Provider of gambling products/services to lottery and gambling organizations aka casinos Bullish Unusual Options Activity $1.2M of May out-of-the-money $50 calls bought today Cleared resistance at $44.50 yesterday and successfully retested today. High probability of another leg up coming. Near term target: $50-$52 range by end of...
Hello fellow traders. Are you guys prepared for this week? I think it will be exciting. I am expecting a reasonable drop given the uncertainty of the markets this past week and the fact that the futures are red. Also, I think we are due to a correction. I may buy the vxx calls and spy puts to hedge against my positions. The vxx spiked 25% last week and the spy is...
Watch for a break below 30.73. First target 25.13 2nd target 21.34 ,Stop loss - 33.17. Could consider January $32 Puts.
$SGMS looking at a potential High Tight Flag play! Right now its sitting at the 8 EMA with Stoch and MACD crossing up which is bullish. Along with $PENN setting up, and also $HIBB hot, it also has some nice accumulation volume patterns! If this breaks, we could see some big upside. Keep in mind I am not a financial advisor and this information is strictly for...
Scientific Games created a bit of a cup since early March. The breakout from the cup pattern in early November has since created a bit of a handle in the form of a bullish wedge with prices breaking out of this pattern on December 6th. The stock price has bounced off the 50-day EMA as well. $36.00 is my initial price target.
$SGMS Looking oversold and due to bounce after a healthy 50% retrace of recent run up. After crushing earnings last month and seeing a moderate pullback recently...I think this stock is primed to resume its ascent. Targeting $32.00-$34.00 range by late April / early May. If I was looking to play this with options...calls are looking fairly cheap OTM so I don't...
Long opportunity is a 2 - 1 risk/reward/high probability trade. 30% upside in the stock At the 26 - 32 level we will reach a potential shoulder of resistance. While the time frame is monthly, I don't forsee this taking very long to develop. Could easily see profit in a few weeks, maybe less.