AFL - LongI bought some Nov 16 52.5 calls in the off-chance this starts moving. They cost .02, so seems worth the risk.
AFL trade ideas
AFL - Long Idea- AFL consolidating nicely within an elevated range
- Strong Q2 results and raised guidance
- Large volume call spread with 17.8K $37.5 Puts sold against 18K $50 calls
$AFL ready to come out of consolidation?$AFL has been running a narrow $4 range all year long. Earnings are coming up in just under 2 months time. I anticipate it to go up and break out over $46 soon.
$AFL Aflac Ascending Triangle - Bullish Long Term$AFL Aflac Ascending Triangle - Bullish Long Term
Monitor for break of $46 level
Note decent dividend yield
Diamond TopWith significant long upper shadows over several sessions. Confirmation from, EMA, RSI and MACD
NFL -Flag formation Momentum Long upto $81, August $77.50 Calls AFL seems breaking out of a flag formation and closing its all time high. Moneyflow is very strong. We think it has good upside potential. To play this we would consider August $77.50 Calls
* Trade Criteria *
Date First Found- June 19, 2017
Pattern/Why- Flag formation Momentum Long
Entry Target Criteria- August $77.50 Calls @ $2.40
Exit Target Criteria- $81
Stop Loss Criteria- $77.23
Please check back for Trade updates. (Note: Trade update is little delayed here.)
$AFLAC! | Wolfe Wave Near Completion | Bears Looming AboveHello Traders,
Aflac is nearing a completion of a BEARISH Wolfe Wave. Point 5 has not yet been created and a Potential Target Before Decline has been defined at 82.63. Once that level is achieved expect a bearish force to come into play.
Best,
Chartistry
$AFL inverted cup and handle?Looks like an inverted cup and handle on the 240 at the top of a rising wedge (red) from daily.
AFL into earnings$AFL daily showing channel up paired with multiple neg divergences on RSI, Williams %R, and the Chaikin Money Flow. Touched to upper channel extreme. Keltner is mid ranged, w/ small gap still open below to fill @ 65.50.
AFL big picture bearish patternsAFL has falling big once before on a big picture bearish pattern. Could it do it again?
Earning could bring a final direction: Caution neededThis week one of a few stocks that needs to be watched includes AFLAC. The duck stock has been in a difficult situation all most the entire year though their operations are humming along just fine. The company is hitting its targets and making a steady profit. The strength of the dollar and weakness of the yen is a major problem to the company's large operations in Japan which will reflect in the third quarter earning. Downside risk seems higher than upside risk for a trade before earning. Once the dust settles, it may give a clear trading direction and time to ride the horse to that direction. If you need a real time trade alerts try us www.2waytrading.com
AFLThis is a double chart showing the weekly & daily - I hope is publishes that way - I've noticed that it has not in the past.
The strong support area.Low volatility means tight stop. Big company means low volatility. Low volatility means low risk. Notice the accuracy of bounces from the trend line.
$AFL: Support Failing Back to Leg Start4 hour really giving a nice look at support likely breaking back to 62-63 for leg start test.
