NASDAQ:DISH Possible Scenario: LONG Evidence: Unusual option activity, price action This is my idea and could be wrong 100%
Wrong place, wrong time; Bro Quality > Throughput Cost of service / discount % + Fee / new customer @ 3Mo x 4 = Unsustainable model
DISH $2.7M for the $45 strike came in today. Worth watching over that $34.50 area, would like market to be strong as well.
Ascending Triangle are repeatable trading chart patterns. Ascending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline...
After 2 "not so good" earnings this is the time to prepare for the Q4 earning, I expect some bullish momentum to close the recent gap, Risk reward is 4 to 1 and the stop order is pretty close (analyzed with VIPER indicator). Good Luck.
Triangles, Descending Triangles, Ascending Triangle and Ranges are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the...
Ranges, Triangles, Descending Triangles, & Ascending Triangle are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the...
$DISH Dish Network Corp - Possible long term head and shoulders formation on weekly chart. Based on Fibonacci levels, long term target $14.50 by July 2019. Bearish unusual options activity today - - 5.4k $22.50 strike (OTM) Jan'2020 puts traded today for total premium of $2.5M against OI of 2,685 contracts. - 13.3k $17.50 strike (OTM) Jun'2019 puts traded...
DISH announces earnings on Tuesday before market open and is a state of high volatility (>50%). While you can naturally go with the plain Jane volatility contraction play around earnings (short strangle), there might be an opportunity here to catch it at significant lows while simultaneously taking advantage of risk premium present here which will lower your cost...
With most of the earnings heavy hitters in the rear view mirror, there isn't much to trade this week of quality from an earnings announcement volatility contraction standpoint, with DIS being the standout name. DIS announces on Tuesday after market close with a 30-day implied volatility of 25%, which is in the upper half of its 52-week range. The May 18th 96/97...
DISH is touching 200 DMA, a support level from 2004 and MACD and RSI look as if they are turning around
Very overbought, also a shooting star indicates demand has reached its peak
Dish is in a down trend seems to have formed a bear flag and would be a good short on the breakout. Bearish volume is picking up and price is hitting strong resistance. Momentum seems bullish however so I would only short on the breakout or just short lightly.
Dish TV seems to have broken out of a consolidation. One can wait for a pullback and then go long.