I've noticed some strange options activity recently for LBTYA Liberty Global.
Based on the volume and big block orders, as well as technical analysis, i would buy the $20 strike price Calls with
2023-4-21 expiration date for about
$0.22 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to...
Range Breakout With High Volume .
RSI Also Broke Last Swing High (Indication Strong Upside Momentum )
Buy Initiate Above :- 145
Sl :- 135
Target :- 170
Printing bullish signs in a current bearish trend, evident through a higher low, within the downtrend, and a repeating dip on the gaussian channel. A bearish ascending scallop has led to the current demise of this stock.
Technically we are at a potential area of reversal. Furthermore anticipating weaker EUR and GBP. With their assets mainly in europe they are basically long EUR and GBP. Furthermore, high leveraged company exposed to interest rate increases.
