RVLV in Buy ZoneMy trading plan is very simple.
I buy or sell when at three of these events happen:
* Price tags the top or bottom of parallel channel zones
* Money flow spikes beyond it's Bollinger Bands
* Stochastic Momentum Index (SMI) at near oversold overbought level
* Price at Fibonacci levels
So...
Here's why I'm picking this symbol to do the thing.
Price in buying zone at bottom of channels
Stochastic Momentum Index (SMI) at oversold level
Money flow momentum is spiked negative and under bottom of Bollinger Band
Entry at $23.13
Target is upper channel around $27
RVLV trade ideas
Revolve Group, Inc. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Revolve Group, Inc. Stock Quote
- Double Formation
* 25.00 USD | Area Of Value
* Continuation Argument)) At 27.50 USD | Subdivision 1
- Triple Formation
* 012345 | Completed Survey | Short Set Up | Subdivision 2
* (Neckline) At 32.50 | Subdivision 3
* Daily Time Frame | Entry Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Revolve Group (RVLV) AnalysisCompany Overview: Revolve Group, a leading online fashion retailer catering to younger customers, continues to stand out by leveraging AI for personalized shopping experiences and maintaining premium pricing strategies. The company’s ability to integrate technology into its operations provides a competitive advantage in the e-commerce fashion space.
Key Highlights:
Q2 Performance: Co-CEO Mike Karanikolas emphasized Revolve’s strong Q2 performance, driven by improved marketing and logistics. Notably, the company also achieved a reduction in return rates, marking the first decrease in over three years—a significant accomplishment for an online retailer.
Customer Growth: Revolve's active customers increased by 9% year-over-year, with total orders rising by 3%. This demonstrates strong customer engagement and brand loyalty, vital metrics for sustained growth.
Competitive Edge: Revolve’s ability to balance personalized offerings with premium pricing, supported by AI, enhances its appeal to fashion-conscious consumers and bolsters its market positioning.
Investment Outlook: Bullish Outlook: We are bullish on NYSE:RVLV if it holds above the $20.00-$21.00 range. Upside Potential: The upside target for Revolve Group is set at $33.00-$34.00, driven by strong customer engagement, effective cost management, and the company's innovative use of AI.
👗 Revolve Group—leading fashion e-commerce with AI innovation and strong customer growth! #RVLV #FashionTech 🚀📈
RVLV | Great Entry Point | LONGRevolve Group, Inc. engages in the retail of next-generation fashion for millennial and generation Z consumers. It operates through the Revolve and Forward (FWRD) segments. The Revolve segment offers constant newness and discovery through a broad assortment of premium apparel, footwear, accessories and beauty products. The FWRD segment includes a curated assortment of iconic and emerging luxury brands with a strong and differentiated point of view. The company was founded by Michael Mente and Mike Karanikolas in 2003 and is headquartered in Cerritos, CA.
RVLV short in valueTrying out posting a trade here...see if I like doing so.
Took this position a little after market opening today. Target is quite low. Will be watching this closely.
I look to trade in the direction of weekly pivots. These are stepping down for the last three weeks. Trading with this trend dictates a short sell.
So far in 2022, most of my positions have been shorts.
RVLV Bearish inclined Naked Calls 25 Feb Expiry (Feb Track 3)On TD the contract price was 0.45 and so I decided to just enter 0.6 and to my surprise the order got filled immediately.
I think next time I will start with a high Ask price and slowly bring it closer to the Bid
Whats The Plan/Trade/Thought
This position is a play on the micro economics and less on the health of the company
There will be an interest rate hike in March and I expect late Feb will show people speculating on this number or at least the impact on consumers and the companies
While Revolve group is online ecommerce. Omicron with it’s high infection rates i’m sure will already be impacting it’s physical Supply Chain
Purely looking at the daily chart and not making any predictions the price is downtrending and has broken the 54 Support and Resistance line.
Price movement downward has also been very decisive with no recovery from Omicron and the Fed Interest Rate Decision
This chart also mirrors ETF XRT and all the other companies within the internet retail sector
I Feel
I was struggling yesterday thinking how to approach identifying this trade. But now that I’ve identified the sector it feels painfully obvious.
Imagine Yourself Taking The Other Side
As we just broke the Resistance line there is a chance that this could be a a fake breakout and snap upwards in a range
There are some price resistance on $51
Imagine Yourself As A Neutral Observer
I won’t enter this trade with a Bullish stance the price action down is too rapid. With the inflation at an all time high, the Fed will be going hard on mitigating and bringing the inflation numbers down
Look For New Information
I read an article on Marketbeat that was posted on the 10 Jan, indicating Revolve as buy. But I’m entering this trade with a micro economics lens.
How Do I Feel Now
I am unable to convince myself that this is not a good opportunity to sell calls. But there is an obvious mental bias. I think if I was really presented options it would be Sell Calls or Don’t Trade. Selling Puts feels the most risky
I do wish the strike was protected by a support line but the support line at $74 is too far away and there are no good contracts. The $70 is 35% away from the last close (13 Jan) and near a broken 54 Resistance
Trade Specs
Sold 167 Calls @ 0.6 - Strike 70
% to Strike 37.96%
ATR % is 50%
BP used 89K
Long $RVLN CMP $83.21Long $RVLN CMP $83.21. Nice uptrend. Support around $$75 area. Recent breakout from the support area. Stock has seen some good positive movement after recent earning report. MACD green but little fading, maybe due to recent market sell off. Taking support at 20SMA. Target $92 area.
RVLV Bearish inclined Naked Calls 12 Nov Expiry (Nov Track 2)VolOp Launch
This is the first trade where I adjust my position sizing to account for the rising volatility in a ranging market that seem to have deeper drops whenever there are issues.
I call this stance in my plan "VolOp" and while it results in a 1% drop in my monthly target. It should weather my contracts better. This current adjustment is mainly based on YTD trades and increases my margin amount to 114k
Whats The Plan/Trade/Thought - RVLV
Bearish inclined position for RVLV
Overall Market is Ranging with negative news or concerns moving the market deeper vs positive news.
The discretionary retail sector seems tied to major macro issues like supply chain and the increasing cost of importing goods
RVLV is in a ranging pattern now. I have selected it as it is part of XRT holdings. I would prefer to enter XRT as it covers more companies. However it's options prices are terrible
RVLV is the right price and previously on 5 Aug, while it had shown a solid earnings report. The company's conservative positioning caused a huge -24% drop. This shows in my opinion a lack of commitment and belief in the company's success and performance
I Feel
I was very happy when I spotted this trade. I think this is a good strategy to take. Looking at companies that are aligned to the overall movement of the ETF. Especially when the ETF has terrible prices
Imagine Yourself Taking The Other Side
RVLV has over exceeded earnings expectations for the part 3 quarters. This aligned with market optimism could fuel a bullish rush
While it is ranging. The price movement has generally been higher lows
12 Oct News - Net sales increased 60% year-over-year to $228 million (and 41% over Q2 2019), while diluted net profit more than doubled compared to the year-ago period to $0.42 per share.
12 Oct News - Domestic net sales were up 59% and international net sales increased 63%. Gross margin increased 517 basis points to 55.6%, benefitting from healthy inventory levels and consumer demand dynamics. Also helping were higher sales at full-price and a decrease in “the depth of markdowns.”
Strangely despite the positive news RVLV hardly moved
Imagine Yourself As A Neutral Observer
The current price movement is ranging. with current highs not exceeding previous highs
Any position needs to be outside of the range
Look For New Information
I found very strong bullish news on the company and it's business
12 Oct News - Net sales increased 60% year-over-year to $228 million (and 41% over Q2 2019), while diluted net profit more than doubled compared to the year-ago period to $0.42 per share. (I also pasted this on the Other Side)
12 Oct News - Domestic net sales were up 59% and international net sales increased 63%. Gross margin increased 517 basis points to 55.6%, benefitting from healthy inventory levels and consumer demand dynamics. Also helping were higher sales at full-price and a decrease in “the depth of markdowns.”(I also pasted this on the Other Side)
How Do I Feel Now
I'm ready and confident to press the trigger - Sell calls!
Trade Specs
Sold 68 CALLS @ 0.8 Strike 90
% to Strike 29.48%
ATR % IS AROUND 47%
BP used 47K
Max Gain: est $5440
$RVLV Breaks Out on Earnings Beat$RVLV Had an earnings surprise of 130.8% and a revenue growth of 400%! It's breaking to ATH's here. Looks like a real growth story so I've opened a position here. You can see the entry on the chart with a stop below today's low. If it can't hold today's low I'm wrong and gone.
From earningswhispers.com
Revolve Group (RVLV) Reports 1st Quarter Earnings
Revolve Group (RVLV) reported 1st Quarter March 2021 earnings of $0.30 per share on revenue of $178.9 million. The consensus earnings estimate was $0.13 per share on revenue of $156.5 million. Revenue grew 22.5% on a year-over-year basis.
Short squeeze mini series# 22What Is a Short Squeeze?
A short squeeze occurs when a stock or other
asset jumps sharply higher, forcing traders who
had bet that its price would fall, to buy it in
order to forestall even greater losses. Their
scramble to buy only adds to the upward
pressure on the stock's price
KEY TAKEAWAYS
*A short squeeze accelerates a stock's price rise
as short-sellers bail out to cut their losses.
*Contrarian investors try to anticipate a short
squeeze and buy stocks that demonstrate a
strong short interest.
*Both short-sellers and contrarians are making
risky moves. A wise investor has additional
reasons for shorting or buying that stock.
RVLV#RVLV, a 1.5-year-old company, certainly promising, has formed a classic picture, like that of #SNAP, #PINS, #TWTR - entering an IPO, going into correction, forming a reverse GUI, forming a second reverse GUI in the right shoulder, which gives double reliability of entry , a breakdown of the neck level, and at the same time a strong level (lilac color). The pattern is considered highly reliable. Also notice what pattern is on the RSI indicator. The retest of both levels has already taken place. The gap is expected to close at the beginning of August 2019 - paper at the start.There are 3 growth targets - 30.23, 39.45, 45.03, for a total of 67%. After that, an exit to the level of the historical high is expected, its retest and upward movement - then the goal of growth is another 100%. Short to medium term paper is now a great starting point. Recruit and recruit. You don't have to put a stop, it doesn't make sense here