Analyzing the options chain and the chart patterns of CHGG Chegg prior to the earnings report this week, I would consider purchasing the 10usd strike price Puts with an expiration date of 2024-3-15, for a premium of approximately $1.22. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Remember when I told you that BTC Bitcoin is an index on steroids? Well, the reversal has started: And I expect Bitcoin to follow the major indices that are now at all time high! Potential Double Top soon, in my opinion!
Analyzing the options chain and the chart patterns of USB U.S. Bancorp prior to the earnings report this week, I would consider purchasing the $42.5usd strike price Puts with an expiration date of 2024-9-20, for a premium of approximately $4.20. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
If you haven`t sold ENPH before the previous earnings: Then analyzing the options chain and the chart patterns of ENPH Enphase Energy prior to the earnings report this week, I would consider purchasing the 102usd strike price at the money Puts with an expiration date of 2024-2-9, for a premium of approximately $7.65. If these options prove to be profitable prior...
If you haven`t bought the dip on CVX: nor sold the Double Top: Then analyzing the options chain and the chart patterns of CVX Chevron Corporation prior to the earnings report this week, I would consider purchasing the 140usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $9.30. If these options prove to be profitable...
Analyzing the options chain and the chart patterns of AMD Advanced Micro Devices prior to the earnings report this week, I would consider purchasing the 185usd strike price Calls with an expiration date of 2024-2-2, for a premium of approximately $5.55. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Analyzing the options chain and the chart patterns of WDC Western Digital Corporation prior to the earnings report this week, I would consider purchasing the 72.50usd strike price at the money Calls with an expiration date of 2024-4-19, for a premium of approximately $4.35. If these options prove to be profitable prior to the earnings release, I would sell at...
If you haven`t sold SCHW here: Then analyzing the options chain and the chart patterns of SCHW The Charles Schwab Corporation prior to the earnings report this week, I would consider purchasing the 66usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $2.06. If these options prove to be profitable prior to the earnings...
If you haven`t bought AA before the previous earnings: Then analyzing the options chain and the chart patterns of AA Alcoa Corporation prior to the earnings report this week, I would consider purchasing the 30usd strike price at the money Puts with an expiration date of 2024-1-19, for a premium of approximately $1.13. If these options prove to be profitable...
If you haven't bought OCEAN's dip mentioned in the last article here: Then you need to know that with the stock market at an all-time high, I anticipate crypto assets to follow suit. In this scenario, my price target for OCEAN is the next resistance, $0.54.
Hey guys, I previously posted a larger degree bullish move for NYSE:STLA and this is a lower degree bullish move along the way that can be taken. We see the following indicators that increase the probability of a bullish move, 1. Nice clean larger degree impulse 2. Clear corrective structure down to 61.8% 3. Impulse on lower degree breaking out of larger degree...
Hey guys, currently we have MIL:ISP with the following technical analysis which would indicate a higher probability of another bearish impulse. 1. Nice clear bearish impulse on larger degree 2. Corrective ABC pattern within range of 61.8 % retracement 3. Bearish impulse on lower degree breaking out of larger degree trend line 4. Healthy bearish correction on...
Hey guys, NYSE:DG has the following technical analysis indicators for more bullish upside. 1. Nice clean larger degree impulse 2. Longer in duration correction than the impulse going sideways 3. Lower degree impulse breaking out of larger degree trend line 4. Trend continuation Expanding flat structure breaking out for trend continuation confirmation I am...
Hey guys, currently NYSE:MOS has formed a great larger degree impulse that was then followed by a deep side ways corrective structure which indicates bullish trend continuation. We then have lower degree impulse breaking out of the larger degree trend line followed by potentially a Running Flat or an Expanding Flat which also signals more bullish trend...
Hey guys, just like yesterday with NYSE:ALK on my previous post, this is a great setup that might take off once the market opens. But you might also have a chance to catch this bullish move. Currently, there is a clear impulse with a healthy correction shaped like a flag to the 50% retracement level. There also is a lower degree impulse with a correction that...
#SPX500 has created a contracting flat on the 30minute time frame. It has then also created lower degree trend continuation moves for bullish up side which adds to the confirmation.
Hey guys, This may take off once the market opens in the next hour but you may have a chance to catch this up move. We have the following items in the technical analysis which indicates a bullish up move to target levels: 1. Nice clean identifiable impulse 2. Healthy correction to 38.2 fib level 3. Correction longer in duration than Impulse 4. Healthy...
Hey, #SNAP has currently formed a regular flat pattern on the 15 minute. We do have confirmation of the flat structure but now we need to look for a good entry point to possibly ride the bullish move. Look for lower degree bullish trend continuation setups and manage your risk!