WDFC WD-40 Company Options Ahead of EarningsAnalyzing the options chain and the chart patterns of WDFC WD-40 Company prior to the earnings report this week,
I would consider purchasing the 260usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $1.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
WDFC trade ideas
WDFC to $265My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is spiked negative and at bottom of Bollinger Band
Entry at $249.82
Target is $265 or channel top
👀 WATCHLIST: MONDAY 04MAR24WATCHLIST
Here is my watchlist from yesterday:
NYSE:ALLY
NASDAQ:CGEM
NASDAQ:KURA
NASDAQ:LRMR
NASDAQ:MGX
NYSE:ML
NASDAQ:TPG
NASDAQ:WDFC
MARKET GAUGE : 🔴RISK HIGH
I am noticing a deterioration in the quality and the spread of the breakouts. I would conclude that the environmnet has actively changed to more difficult.
In such environment, I trade less, often pick only top quality setups and tighten stops. I have already a good exposure to the market and I would look to have tight management of these stocks.
This weeks announcement will be important on the short term sentiment of the market.
WDFC WD-40 Company Options Ahead of EarningsIf you haven`t sold WDFC prior to previous earnings:
Then analyzing the options chain and the chart patterns of WDFC WD-40 Company prior to the earnings report this week,
I would consider purchasing the 230usd strike price the money Puts with
an expiration date of 2024-1-19,
for a premium of approximately $7.55.
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.
WDFC WD-40 Company Options Ahead of EarningsAnalyzing the options chain and the chart patterns of WDFC WD-40 Company prior to the earnings report this week,
I would consider purchasing the 190usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $2.00.
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.
Is the WDFC earnings pop sustainable?WDFC, the manufacturer of WD-40 ( sprayable graphite) had a great earnings beat and
a celebratory pop of 5%. My question is whether it can continue? On the 15 minute chart
I have added four indicators and what they might indicate:
(1) the Lorentzian Machine Learning Alert System with default settings with a few removed which shows the initial buy signal of July 6th. No sell signal has been printed since earnings.
(2) the MTF RSI indicator of Chris Moody showing the RSIs one hour in black and 15-minutes
in blue presently topped out and the lower TF in blue decreasing showing a bearish divergence.
(3) The MACD shows K / D lines rising in parallel but very extended above the zero-line showing
very high amplitude.
(4) The volume indicator showing that volume did not get a relative spike with the post-earnings
price pop.
Overall, with heavy consideration of lack of volume with the price pop and the bearish
divergence on the RSI, I will not take a long trade on this post-earnings WDFC. In fact, if
I can find a good entry on a 3 or 5-minute chart, I will take a short trade. I price rise
with a good volume spike might potentially convince me otherwise.
WDFC WD-40 Company Options Ahead Of EarningsLooking at the WDFC WD-40 Company options chain ahead of earnings , i would buy the $175 strike price Puts with
2023-4-21 expiration date for about
$6.40 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
WDFC WD-40 Company Options Ahead of EarningsLooking at the WDFC WD-40 Company options chain ahead of earnings , I would buy the $160 strike price Puts with
2023-1-20 expiration date for about
$6.65 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Earnings watch 7/7Earnings watch this 7/5 - 7/8 week is very sparse. Here's a few companies whose earnings are on Thursday 7/7:
WDFC
LEVI
HELE
KRUS
BYRN
NTIC
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
Bottomed yet?WDFC is such a gem defensive company that has been beating SPY for a long time. Every time it has a correction is around 20%-30%. From the fundamental speaking, as Covid is getting better in the world, industrial will fully be back to work. Also, over ten plus years, I haven't seen any competitor's product have the ability to outperform WD40. It became a must-have product in both homes and industrial over the world.
The stock price may consolidate for a while, but it is always nice to buy in this price range in your long-term portfolio.
For self-education use only. Not financial advice.
$WFDC can fall in the next daysContextual immersion trading strategy idea.
The demand for shares of WD-40 Company looks lower than the supply.
The company develops and sells maintenance products, and homecare and cleaning products.
The price fell after earnings call on APR 09.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $153,84;
stop-loss — $162,37.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$WDFC:NASDAQ - WD-40 CO - My mums now picking stocks :O$WDFC:NASDAQ - WD-40 CO - My mums now picking stocks :O
My mother who has never expressed *any* interest in the stock market another than being annoyed at hearing my Dad and I who are both highly active / daily traders blab on about it constantly, came up to us on the weekend with an article on WD-40 and simply said I'd like to buy some of this... and she did indeed mean the stock. Who were we to argue - hahaha.
The stock does actually look quite good - long year-on-year price growth and seems to be bouncing off a resistance point at the moment after having ranged sideways for a while. Pretty sure mum just liked the story about the CEO. If you want to Google it, the article is: 'Squeaks in China, rust in Russia': WD-40 Aussie chief's lube plans
About WD-40 CO
WD-40 Company is a global company engaged in developing and selling products, which solve problems in workshops, factories and homes. The Company's segments include the Americas; Europe, Middle East and Africa (EMEA), and Asia-Pacific. The Company's Americas segment includes the United States, Canada and Latin America. The EMEA segment includes countries in Europe, the Middle East, Africa and India. The Asia-Pacific segment includes Australia, China and other countries in the Asia region. The Company has two product groups, which include maintenance products and home care and cleaning products. As of August 31, 2016, the Company marketed and sold its products in more than 176 countries and territories around the world primarily through mass retail and home centre stores, warehouse club stores, grocery stores, hardware stores, automotive parts outlets, sport retailers, independent bike dealers, online retailers and industrial distributors and suppliers.
$WDFC WD40 Keep some in the garage, sell the stock though.for sure we all know the name, almost every home in the world has a can in the garage of under the kitchen sink but that is not enough. On its recent earnings report the company disappointed on sales numbers once again, thus the selling began. currently sitting at $163 we see $150 as a good target for our short.
Quarterly Earnings (April 9th) - Weekly Interval - WDFCHello Successful Traders,
The stock (WDFC) will be announcing today (April 9th) their Q2Es. The saliency of this release could manifest as to whether the PA value will attest current structure (trend) highs, or begin the journey of heading south. Be diligent and generate further analysis prior to entering the market (trade).
Resistance Level 1 - (187.95 - 188.25) 30 cent interval
Key Price Zone (KPZ) - (172.90 - 173.30) 40 cent interval
Support Level 1 - (148.75 - 149.05) 30 cent interval
Support Level 2 - (124.90 - 125.25) 35 cent interval
Furthermore, the greater the (patience and discipline) prior to entering a trade can certainly (validate) one's opportunity to experience a proper trade.
Not Investment Advice. For Educational And Analytical Purposes Only. (Be Diligent and Stick To Your Trading Plan)***
-LionGate
Silence the squeakWD-40, the household name with a product that silence the squeaking of a door hinges is indeed a fundamentally sound stock. From the bottom of 25 since 2009, it has been a class of its own following the green uptrend channel.
I understand that seeing my post based on channel might bore you alot.
But IMHO, channel is the backbone and dictate the movement of price be it long term or short term, while MAs are the muscles to assist price to flex. Hence, within a channel, price can accelerate to channel top or decelerate to channel bottom excluding the break out part.
As early as Dec 2013, the stock has shown signs of tiredness which subsequently translate it into a distorted head & shoulder pattern towards the channel bottom.
I am monitoring the price moving towards the channel bottom where bulls & bears will square it out.
If there is a strong support, the price might find its way up until the orange channel top around 75
If case it broke down, then look for retest of the support turned resistance for short opportunity