CAG to $27My 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 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is spiked negative and below Bollinger Band
Entry at $25.50
Target is $27 or channel top
CAG trade ideas
CAG Conagra Brands Options Ahead of EarningsIf you haven`t bought the dip on CAG:
Now analyzing the options chain and the chart patterns of CAG Conagra Brands prior to the earnings report this week,
I would consider purchasing the 32usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $1.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Conagra Brands, Inc. | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | Weekly Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
# Position & Risk Reward | Daily Time Frame
- Measurement on Session
* Retracement | 0.5 & 0.618
* Extension | 0.786 & 1
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Buy
CAG Conagra Brands Options Ahead of EarningsIf you haven`t bought CAG before the previous earnings:
Then analyzing the options chain and the chart patterns of CAG Conagra Brands prior to the earnings report this week,
I would consider purchasing the 30.50usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $0.32.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
CAGAs of the latest valuation, the asset is priced attractively, prompting consideration for acquisition. However, astute investors may find an even more favorable entry point if the market undergoes a correction and the asset reaches the targeted price of $23.55. This strategic approach aligns with the principle of buying low with the expectation of selling high, maximizing potential returns.
The investment thesis is underpinned by a projected growth of approximately 20%, with a target price of $33. This forecast is rooted in a comprehensive analysis of market trends, historical performance, and sector dynamics. While acknowledging the inherent uncertainties of financial markets, this projection reflects a calculated and strategic outlook.
CAG | Informative NYSE:CAG
If the stock price breaks above the bullish line, currently positioned around $27.94, there are potential upside targets to consider. The first target on the bullish side would be Target Price 1 at $28.87. If momentum continues and this level is surpassed, the next potential target would be Target Price 2 at $29.48.
Conversely, if the stock price breaks below the bearish line, currently positioned at $27.27, there are potential downside targets to be aware of. The first target on the bearish side would be Target Price 2 at $26.63. If selling pressure intensifies and this level is breached, the subsequent potential target would be Target Price 3 at $25.76.
CAG Conagra Brands Options Ahead of EarningsIf you haven`t bought CAG here:
www.tradingview.com
Then analyzing the options chain and the chart patterns of CAG Conagra Brands prior to the earnings report this week,
I would consider purchasing the 28usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $1.55.
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.
ConAgra Monthly Buy at/near $20 area with Target of $50ConAgra has been in a steady up trend its entire history of nearly 40 years. Price has hit $40 and rejected twice.
Last time it reached a whole number at $30, it fell down to $10 or lost $20
This time I am expecting it to fall another $20 and reach $20 a share
It rallies up $30 last time and so I am expecting it to do the same and rally $30 to reach $50 per share
The peak formation low is prime buying demand and so I will be buying at $20 to ride it up to $50 per share.
Conagra gives about a 3.5% dividend annually and with the projected 10 year holding to reach $50 per share, this will pad my portfolio nicely
CAG Conagra Brands Options Ahead Of EarningsLooking at the CAG Conagra Brands options chain ahead of earnings , i would buy the $38 strike price Calls with
2023-4-14 expiration date for about
$0.57 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.
TradingView & Trend-TemplateIn this video I explain how to integrate Minervini' Trend-Template into your daily stock screening routine.
This concept can be applied to all other securities including Commodities, FOREX and Cryptos.
The links to other relevant tutorials in this context (Stage-Analysis and Trend-Template criteria) are shown below.
CAG - Rebound from support ?Dear traders,
Looking into opportunities for cheap stocks part of SP500, i have found 3 stocks that printed 6 months low, CAG is testing the very long term support (from 2015).
MACD shows raising wedge, and RSI showing bullish reversal on daily.
Options looks cheap with low volatility.
My entry will be for March expiration.
Let me know your thoughts in the comment,
Good luck,
Sam.