Analyzing the options chain and the chart patterns of FAST Fastenal Company prior to the earnings report this week,
I would consider purchasing the 84.62usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $4.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Just a quick short on FAST before ex-div date.
Post earnings, with beat expectations, but nothing amazing, overbought, RSI on it's way back down.
Seems likely to repeat the pattern after last earnings.
Fastenal Company (NASDAQ: NASDAQ:FAST ) has emerged as a standout performer, exceeding market expectations in its Q4 2023 earnings report. With an EPS of $0.46, surpassing the forecasted $0.45, the industrial distributor showcases its resilience and strategic prowess in a challenging economic landscape. Let's delve into the key factors that contributed to...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Weekly: Left Chart
After being stuck inside a range for more than a year between 5.0 and 10.0 round numbers, LINK finally broke above the range / accumulation phase.
Now we are expecting the MarkUp to push higher till the 18.0 resistance.
on H4: Right Chart
The bulls...
USD will correct towards the range of 82.1-82.5 until the end of November 2023.
In the last week of November look for reversal patterns and rise towards 83.13 with possible top at 83.54 in January 2024.
This will be followed by a healthy correction and successful retest of 83 at the end of February 2024.
A breakout of 83.54 is expected to happen in the first half...
NASDAQ:FAST
If the stock price breaks above the bullish line, positioned around $60.74, the primary target on the bullish side to monitor would be Target Price 1 at $61.76.
Conversely, if the stock price descends below the bearish line, located at $59.45, there are several potential downside targets. The initial target on the bearish side would be Target Price...
If you haven`t bought FAST here:
Then analyzing the options chain and the chart patterns of FAST Fastenal Company prior to the earnings report this week,
I would consider purchasing the 55usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $0.87.
If these options prove to be profitable prior to the earnings release, I...
Looking at the FAST Fastenal Company options chain ahead of earnings , I would buy the $52.5 strike price In the Money Puts with
2023-8-18 expiration date for about
$3.80 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.
This indicator is an indicator with a high win rate
This indicator is an indicator with a high win rate
Change the settings you want to trade coins
I am a bitget user and trying to monetize this metric
As illustrated the nasdaq is about the complete the ABCDE pattern, it also broke a crucial support level which is also the .0618 fib level. EMA's also showing we're still in a downtrend and are not getting out anytime soon.
This will mostlikely take some time to develop and is good for the swingtraders among us.
Trend is key.
Short term sell position opened as on 15m chart bulls are struggling to break above the moving average, at the current moment. For the moment I am selling although I am not sure what tomorrow will look like although I am hoping tomorrow will be bearish.
*NOT FINANCIAL ADVICE I AM NOOB*
For my bears this is my current strategy in the immediate and short-term. So far in 5 minute candles my strategy is playing out which is also supported w 4hr view.
Hi Team!
See earlier posts on this pair. Currently consolidating in a wedge, from which I am expecting continuation of bullish correction.
Entry on break of ascending wedge resistance, SL on structure support.
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DrBEar
Hello,
my scenario about US100 looks bullish here is why :
- bullish RSI divergence at H4
- demand level (D1 and H4 timeframe)
- oversold stochastics
- in general index is just very cheap and its nice opportunity to buy
I think it can achieve 14000-14200 in mid-term (15-20 days max.) but safest option will be take profits at 13300-13450 levels, it depends on...
My fourth idea here, for now 3 profitable positions in a row. I think GBPUSD is cheap and my reasons are RSI divergences on different timeframes and stochastic oversold and stochastic divergences so many signs to go buy. Tomorrow CPI data report from UK and I play for this scenario, good data and fast reverse to bullish trend. Even if data will be bad and price...
Bitcoin is going to be battling some intense scrutiny, legislation, FUD, and general nonsense for a while.
As you can see, 3 simple predictions -- based on previous trend, EMA, Fib Retracement, and Ext Fib Trend, and a well placed Pitchfan to account for variability -- that leave you with an optimistic, realistic, and pessimistic prediction.
I don't count...
