Small earnings play for kicks and giggles, I bet this drops again. Went with Dec puts to be safe.
Stock is building massive momentum into earnings tomorrow - Keep in mind what kind of stock this is. They focus primarily on “at home” multi-room music systems. Where has everyone been the last 8 months?? I imagine a massive beat that gaps the stock near or above previous IPO highs. This is pure speculation. I will be playing the 12/18 20c’s. Good luck if you play!!
A solid name going into the holiday with a potential pre-earnings run up.
This had a nice day setting up for an uptrend. Closed above 10 day EMA. Gain was less than ATR. Other indicators pointing up. Enjoy
$SONO not the greatest, but maybe 3rd channel will be the charm. #remaincautious
Trend still bullish, i believe $SONO carving out another trading channel
Dopo glie Earnings di tutto il DOW Sonos si ritrova con u importante rottura di un trendline in ballo dalla ripresa POST COVID. La nostra view sul titolo rimane ribassista fino ai livelli indicati, ottime opportunità sul daily per provare a prendere un ritracciamento su questa rottura di super trend. Operazione comunque con r/R a nostro vantaggio con stop sopra...
Huge post earnings decline may have brought some new investors that missed out on the initial rally. Potential resistance @ 50ma & gap fill resistance
SONO Currently sits under the Fibonacci Golden Pocket as earnings approach. The fact that this the IPO level also means that there is considerable supply of sellers, whom have been waiting to get out of the stock. Safest entry is above $18.00 or take the risk into earnings, that the home makeover theme will bring a big beat. PLEASE GIVE US A LIKE IF YOU FIND...
Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories. It offers its products through approximately 10,000 third-party retail stores, including...
Trade triggered only if price breaks above $16.75 on 7/21. Enter with a stop limit. Place stop loss below the low of the resting bar at around $15.80
Upside targets - $16.00 to historical horizontal resistance $17.00 to Fibonacci Golden Pocket Possible entry on break above .5 Fib level and the Point of Control (POC) Speculation has ignited a rally that looks sustainable. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.