Since my latest analysis, $TWTR rallied and reached the 30$ target zone (see linked idea). Now, $TWTR is forming potential bull flag, just below the 32-33$ structure zone. It looks like $TWTR is about to break out of both the structure zone and the trading channel (black dashed lines) towards the next target zone - 36-37$ The Fast and 50 SMA lines act as...
JAKK has very decent fundamentals. The whole industry seems to be doing okay, leaving JAKK lagging behind. If we look at all earnings releases in the past 3 years, they work the same way: 1) if there's a strong prior move up, the stock crashes on earnings release (even if it beats expectations 6-20%) 2) If there's a strong prior move down, the stock rallies on...
As anybody who has read my posts probably knows, I am not a big fan of earnings plays. As I have pointed out, they either go great (instant gratification) or terribly (several cycles of rolls to mitigate loss that tie up buying power). Me, I'm a bread-and-butter guy with a penchant for mechanical index ETF and TLT trades that supply a fairly constant level of...
The Elliott Wave count shows the first leg up from the late August completed at 116.81 as wave (W) Since then we have seen a zigzag decline. The divergence seen as of late with the S&P500 indicates this structure is likely to unfold as a double corrective structure, as long as wave X at 115.49 holds. Short setup targets support lows at 95.60
Earning Setting Up 1st row - After Market announcement 2nd Row - Pre Market announcement Will reveal my plan for SNDK, Due to the Recent Rally I might choose to sell a Credit Butterfly ($1.5 wide Spread at max)
An Idea on Earning Setups based on Option Expiry Red Line = Mean Price (expected close prior to earning) Dashed Line = Range for Earnings based on Options IV
Earnings is always a coin flip. But if there is a measured move like last quarter, price could flirt with all-time highs again. Short float right now (<10%) is NOT is large as the last two quarters when it was pushing 30%. So a move higher may not be as dramatic the next day after earnings. Expected move with earnings this week is +/-$15 Bought broken wing...
A very basic analysis for $JNJ shows that the stock is facing a major resistance zone before earnings. The 98-100$ zone, a strong structure that held as support during more than a year, was broken during August and now became resistance. Add the 200 SMA line, the downtrend line and the sellers pressure that this stock will face when it will reach the...
INTC Earnings Date Earnings announcement* for INTC: Oct 13, 2015 Intel Corporation is expected* to report earnings on 10/13/2015 after market close. The report will be for the fiscal Quarter ending Sep 2015. According to Zacks Investment Research, based on 19 analysts' forecasts, the consensus EPS forecast for the quarter is $0.59. The reported EPS for the same...
Earnings are high risk binary events. Many traders try to time major directional earnings moves by using technical analysis (me included). Although it often works, it sometime can end up with an unpleasant loss. Before $YUM's earnings, I sent to the Elite Zone members a setup suggesting that $YUM could reach 92$ and complete a bearish Bat pattern (potential...
YUM announces earnings on 10/6 after market close, so if you're going to play this via an options setup, look at getting a fill for whatever you put on prior to the 10/6 New York close. Ordinarily, I trade these using a short strangle or iron condor, with the short call/put legs at or around the 1 standard deviation line for the chosen expiry, which will either...
I have a love-hate relationship with earnings plays. When they work out, I'm happier than a clam; when they don't, I swear off them, use expletives to describe them, and say that they're a total *?! waste of time. That being said, there are some I just can't pass up, usually because the premium is just too good. In the next couple of weeks, these will be NFLX,...
Analysts just downgraded stock and put target at 15 from 22 but today it crushed earnings and raised guidance this could cause a strong run watch for gap and goh Here are the numbers Tubemogul (TUBE) reported a 2nd Quarter June 2015 loss of $0.04 per share. The consensus estimate was a loss of $0.20 per share on revenue of $39.2 million. The company said it...
Symantec (SYMC) is scheduled to report earnings on Aug 11, after market close. The EPS consensus is 43 cents per share vs. 45 year ago. A number of bullish candlestick patterns have emerged lately: Morning Star, Piercing Line and break-away gap. They suggest there is a Double Bottom formation in place, which may lead to higher prices (24,72 and 24,68). Upside...
$HD is showing strength in a consolidating market and making its third attempt to break the 118$ resistance zone. Right now, 118$ is a strong resistance that may hold and send the stock back down to test the bottom of the rising channel you see in the chart. If $HD breakout attempt will be successful and the price will close above 118$, it may rally towards its...
Although Procter & Gamble delivered quarterly profit that topped expectations on Thursday, it marked the sixth-straight drop in sales. Revenue of $17.79 billion was below forecasts and lower than last year's $20.16 billion, as P&G continued to be weighed down by a stronger dollar that stripped the value of overseas sales. More pressure is yet to come as the Fed...