TTC The Toro Company Options Ahead of EarningsAnalyzing the options chain and the chart patterns of TTC The Toro Company prior to the earnings report this week,
I would consider purchasing the 105usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $1.52.
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.
TTC trade ideas
TTC - Bearish ViewTTC has formed an expanding megaphone that is similar to one seen earlier in the prices history
The earlier one acted bearishly upon the third touch on the lower trend line
Right now the third touch is occurring on the current expanding megaphone
Will it break down like the first?
I have tried to show this breakdown roughly with a red bars pattern
$TTC 2 Months Continuation Head & ShouldersWith the overall market under pressure, Toro has been showing impressive relative strength hanging out just below the neck line of its 2 month inverse head and shoulders pattern. Earnings next week but worth watching how things develop in the next few days.
Toro Co (TTC)- MANUFACTURES TURF MAINTENANCE/LANDSCAPING EQUIPMENT, IRRIGATION SYSTEMS AND RESIDENTIAL YARD PRODUCTS
$TTC with a bullish outlook following earning release$TTC posted its earnings with a negative over reaction following its publication with the PEAD projecting a bullish outlook for the stock placing it in Drift C
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
TORO CO Estimates DailyHey traders, TORO CO gives a neutral buying doji with a high buying volume. TORO CO is in a bearish continuation on the TIMEFRAME 1 Min, this is for a reversal. It goes on the last preceding lower and going in the direction of its rise. Great possibility to fill the bullish gap and to join the next high, which corresponds to the beginning of the fall to the fall.
Please LIKE & FOLLOW, thank you!
TTC: Ascending TriangleAscending Triangle, confirmed
Pros:
Descending Volume during formation
Higher volume during break out
RS ascending and above 0
PPS above 50MA and 200MA
R/R ratio above 13
250RSI above 50
ATR pointing up, more volatility
No resistance above 83$
Cons:
200MA flat/descending
Price targets:
PT1=77,02
PT2=79,89
PT3=83,36
PT4=97,69
No resistance above.
TTCSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets.
* Click Like and Follow to Support My Work!
---
Hi Traders,
I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets.
This post is my sharing of how I think about systematic trading and the signals generated by the System T.
(This is my opinion only, NOT the financial advice.)
I think that for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart.
Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement.
(Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily.)
System T performances above will give you an idea of how it performs in the last 20 years.
Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals".
Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/
Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade.
Thank you and good luck!
---
DISCLAIMER:
I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument.
My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only.
Do your own due diligence, and take 100% responsibility for your financial decisions.
Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading.
- Content is for education purposes only, not investment advice.
- Trading involves a high degree of risk.
- We’re not investment or trading advisers.
- Nothing we say is a recommendation to buy or sell anything.
- There are no guarantees or certainties in trading.
- Many traders lose money. Don’t trade with money you can’t afford to lose.
Patience is the key to success - Toro Co.,At a very good support level where bears are taking profit and bulls might be coming back.
Waiting for bulls to come in. I am sticking to the rule of entering above EMA 200 on weeklies and dailies.
RRR is at 1.2 (which gives me positive expectancy) , if the trade goes well, might be able to trail to 2.
Sitting on my hands....
TTC support levelI make stock analyses before the opening, these levels i draw are strong support/resistance and are the most powerfull on the same day. So i use them the moment when the market opens.
You can see somethimes i use 2 - 3 levels because i dont know where the market will open.
when the market open i see witch levels are still valid if it gaps above or under my level this one cannot used anymore.
If price come close to my level i place a limit order.
time frame i use are 5-10 min candles if price close right under or below the level with few penny's its of the table ! my risk reward ratio is 2:1 would be good to use trial these are scalp trades in high illiquidity market conditions !