If you haven`t sold the top on RH, for that fantastic 12.75X gain in the options chain:
nor bought the dip here:
Then analyzing the options chain and the chart patterns of RH prior to the earnings report this week,
I would consider purchasing the 310usd strike price in the money Puts with
an expiration date of 2024-3-28,
for a premium of approximately...
Restoration Hardware on the weekly chart rose from COVID and then retraced for almost
two years. It appears now ready to experience some investor and trader interest once again.
It is rising from the POC line of its long term volume profile. The trend strength indicator just
inflected and curled upward. I like to catch trends early to get as much of a move as...
Luxury furniture retailer RH (NYSE: NYSE:RH ) faced headwinds in its Q4 CY2023 earnings report, missing analyst estimates with a 4.4% year-on-year decline in revenue to $738.3 million. Despite this setback, the company remains optimistic about its growth trajectory, projecting a 9.0% year-on-year revenue increase for the full year, exceeding market...
Restoration Hardware, with its market capitalization of $4.5 billion, has indeed made a mark in the world of interior design. Its commitment to a minimalist and stark color palette resonates well, especially with newly minted bachelors seeking sophisticated aesthetics. The departure of the largest cheerleader presents an opportunity for fresh perspectives and...
If you haven`t bought RH here:
Then analyzing the options chain and the chart patterns of RH prior to the earnings report this week,
I would consider purchasing the 320usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $0.98.
If these options prove to be profitable prior to the earnings release, I would sell at least half...
NYSE:RH drops 16% on earnings report. It could drop further to the $297 area, which is the 0.618 Fibonacci retracement level and the 200-day moving average (DMA).
If it does not stabilize there, it could see $268.
ABCD with target as D,
This pattern will likely reverse at D ...D is a gr8 support level but can also be for additional support zones.
This is also a cup. IT also has a rectangle inside the cup which makes shap2 not so rounded.
GOOD LUCK!
Buying the short term bullish of RH
1. As SP500 rising in short term, we take with bullish force to attempt this trade
2. Buying at demand zone, with SL righ below previous swing low
3. It is confluence with trend line at the same time
4. TP at resistance line at swing high
Happy trading!
over 200 day for the first time in a hot minute; still within this wedge, just publishing to not forget my ideas -- i would think it'd break down from here since it's still in a downtrend, but you never know....
If you haven`t sold RH here:
Then you should know that looking at the RH options chain ahead of earnings , I would buy the $245 strike price Calls with
2023-4-21 expiration date for about
$15.10 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
After a big green bar on $RH we see the pullback but then buying pressure to bring it back up.
Since this happened at the lows, I am looking at this with the perspective of a reversal trader.
It is in a demand zone right now and I would like to see the break of $247 for a price target of $257 and then it could go into the $260s and $270s depending on the...
The PEAD projected a Bullish outlook for $RH after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
Looking at the RH options chain ahead of earnings , i would buy the $262.5 strike price Calls with
2022-12-16 expiration date for about
$7.20 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
RH chart experienced a response to positive news, but it is still fundamentally bearish just like most of the stocks. I am shorting from 50 EMA as it just works.
RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through...
