Analyzing the options chain and the chart patterns of VSAT Viasat prior to the earnings report this week, I would consider purchasing the 30usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $5.45. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to...
Keep an eye on this stock as following confirmation of an Adam & Eve Double Bottom pattern we could be looking at a target around 85 with a stop loss around 52.
Signals: 1-double bottoms on the chart 2-flag with breakout 3-oncoming breakout of 75.00 resistance Buy the breakout 75.00-75.50 Stop-loss 71.99 (-1 tic of flag's low) Targets according to sizing method: 1- 81.00 (r\r ratio 1:2) 2-88.00 (r\r ratio 1:4)