If you haven`t sold SFIX after the disappointing earrings: or ahead of the previous earnings: Then analyzing the options chain and the chart patterns of SFIX Stitch Fix prior to the earnings report this week, I would consider purchasing the 4.50usd strike price Calls with an expiration date of 2023-12-15, for a premium of approximately $0.17. If these options...
If you haven`t sold SFIX here, after disappointing earnings: Then analyzing the options chain and the chart patterns of SFIX Stitch Fix prior to the earnings report this week, I would consider purchasing the 3.50usd strike price in the money Puts with an expiration date of 2023-10-20, for a premium of approximately $0.48. If these options prove to be profitable...
The Head and Shoulders chart pattern is one of the most bearish signs that you can see in chart. That was also the case with PTON: i don`t know how they eventually turn out to corelate with fundamentals and be right. Since it is still a growth stock, Stitch Fix needs to deliver strong momentum. Instead, Stitch Fix projected that net revenue will drop 10% to 7%...
SFIX price action has been steadily down trending since 6/2020. November earnings created a gap down that has consolidated through the holidays. I am looking to take advantage of a continued downtrend with Put options. Trade factors 1. Tight squeeze. 2. RAF nearing the midpoint. Not there yet, so I will look to buy the puts at a higher than 1/7/22...
We see the triangle now. Unless we break it upwards, no need to jump the boat. Need to wait and see roughly 1 week before I open a position. If we break up, then following fibo levels, we are good to go 40+
You have a 50d, 200d and a previous close all bunched together. Lots of support. Careful, it’s lighter volume.
WATCHING $SFIX for ENTRY TARGET @ 48.56
Stitch fix was a beneficiary of the Santa Claus rally. Then it got dropped hard and is right back where it started. Might be as good a time as any to get back in.
The setup is amazing. It stays under that downtrend line and possibly it will go down to 42$ level and start making higher highs and higher lows which means it is in an uptrend. So, i will be watching it very carefully at the support and at the break. Also, you can use the SMA20 as a resistance for now and might be used as a support soon. 😁🤞 -If you have any...
Technically, the chart looks ugly for SFIX. No recovery in sight as it still finds price action right at the gap down VWAP and very close to the March low's VWAP. It has struggled to for any sort of decent wedge or flag, and the candles look no better. The 21 to 8 EMA cross has not been reclaimed and it doesn't look close yet. If that low wave 5 put in the last...
FCEL is about to experience a huge down gap after its earnings next week. Almost no fundamental analysis supports a 5.6 Billion market cap for a company with a 17 million revenue/quarter. Forecast to become profitable in the next 3 years! 1- Almost 22000% gain in 20 months for a company without any significant change in revenue and EPS. 2-Similar price correlation...
I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to continue this. Stay tuned great live stream and quality...
Purchased SFIX today at the 4hour BB at 37.70... Looking for 41.49 for 10% profit Double position at 33.91.
Adding this to watchlist. Seems to make mini runs just before earnings. If earnings/outlook are good with a 20% short, this could squeeze up on a breakout.