BK trade ideas
$BK with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:BK after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 81.82%.
BK The Bank of New York Mellon Options Ahead of EarningsIf you haven`t bought BK before the previous earnings:
Now analyzing the options chain and the chart patterns of BK The Bank of New York Mellon Corporation prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $1.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BK Bank of New York Mellon Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of BK The Bank of New York Mellon Corporation prior to the earnings report this week,
I would consider purchasing the $52.5usd strike price in the money Calls with
an expiration date of 2024-5-17,
for a premium of approximately $3.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Why Bank of New York Mellon ($BK) Looks Like a Good BetBank of New York Mellon ( NYSE:BK ) is holding in a whole sale price range between $50.91 and $52.32, which suggests that it's in a good spot for investors who believe the stock will go up.
Basically, Bank of New York Mellon is a big player in finance, offering a bunch of services to all kinds of customers. This means it's got a solid business foundation.
Looking at the numbers, when a stock like NYSE:BK stays above certain price levels, it usually means investors are feeling confident and buying more. Plus, if we see things like more people trading the stock and certain technical signals pointing upwards, it's another good sign that things could keep going well.
Considering the bigger picture, with the economy picking up and more people interested in finance, Bank of New York Mellon could benefit from all the action happening in the markets.
So, overall, if you're thinking of sticking with Bank of New York Mellon ( NYSE:BK ), it seems like a smart move given its stable position and potential for growth.
BK ⬆️ Long Trade Setup ⬆️Hello Everyone 🙋🏽♂️
resistance + RSI Signal
💲 Entry Point : 52.14
🟢 TP 48.87 🔴 SL 53.45
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
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Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
🏦 BK BUY THE BREAK 📈BK has broken out of a 60min correction, re tested and broke the previous high on the lower degree!
Buy the break, manage your risk and follow your trading rules/plan no matter what.
BK - Double Top IdeaAnother Double Top!
Extension down to the lower trend line and then recovery just above where the head of a inverted H&S pattern would complete if we assume that the right shoulder is forming
Short term daily bearish
Monday 27 possible entry into long bank of New Yorkthe price comes from making a retracement, we seek to enter the main trend. with a ratio 1-1. stop loss at the low of the candlestick
$BK: Nice trend and relative strength$BK has a great setup to go long here, and relative strength vs the index today, which gives it a bit of extra confidence.
The trade would fail below $49.94, has until Feb 21st to trend higher, until hitting $53.06 at least...
Best of luck!
Cheers,
Ivan Labrie.
$BK with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BK after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 25%.
August TopWe have reached the August top again and are losing momentum. Seems as we don't have the power to complete the 38 % Fibonacci retracement.
$BK with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BK after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 85.71%.
$BK with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BK after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 33.33%.
BANK OF NEW YORK MELLON - POSSIBLE CORRECTION AHEAD OF EARNINGBank of New York Mellon is scheduled to announce Q4 earnings results on Tuesday, January 18th, before the market open.
The consensus EPS Estimate is $1.01 (+5.2% Y/Y) and the consensus Revenue Estimate is $3.98B (+1.8% Y/Y).
Over the last 3 months, EPS estimates have seen 8 upward revisions and 3 downward. Revenue estimates have seen 5 upward revisions and 0 downward.
The Bank of New York Mellon Corporation (BNY Mellon) is a global financial services company. The Company provides asset and wealth management, asset servicing, issuer, clearing, and treasury services for institutions, corporations, and high net worth individuals.
Don't like BK going into earnings tomorrow. Near ATH with resistance level above. In top of channel with not much room above. RSI overbought. Although all the banks made a killing during the pandemic, i'd stay clear of this one for earnings as the upside seems limited and with some resistance above. If earnings are bad this will likely plummet.
BK - 7.90% Potential Profit - Bullish PennantThe level of confidence in this trade is moderate. While I like this setup, I am not fully convinced about the target price.
Bullish pennant formed after a 6-month bull run, betting on momentum keeping going.
- Target Entry: $50.32
- Target Stop Loss: $49.34
- Target Exit: $54.22
- Risk / Reward Ratio: 3.98
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
Target hit !BK extended its wave 3 hitting the first target.
I will useEMA 50 hourly to follow this trend
