Analyzing the options chain and the chart patterns of WRAP Wrap Technologies prior to the earnings report this week, I would consider purchasing the 2usd strike price Puts with an expiration date of 2024-5-17, for a premium of approximately $0.32. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
This company has been beat up but offers a product that replaces tasers, that is less invasive. This product could lead to less liabilities for all involved. As I look at the stock, I see that everyone has left it for dead and it is time to pick up some shares in this company. It is consolidating at some of its lowest levels which is what I call a stage one...
RSI is showing oversold, MACD is showing that we have less sellers and there is a stage one consolidation period setting up. WRAP has many great news stories coming out and it appears to be setting up for a nice long to the $5 area as the first resistance line.
Looks like a perfect Elliot wave forming on WRAP. Going long using the bottom line as a stop loss. Expecting a solid bounce back off the bottom and then finding new all time highs. 1/22 $5c
$WRAP daily has long term cup & Handle forming. If closes above $9.11, expect to run to $11.50. Timing is next 60-90 days.
Hello Traders, This looks like a potential push into a stage 2 uptrend . I took this long based on validation of volume/price action and the move above range resistance. It is quite early to be getting long tbh. For one , The 200 ma is still not angled up and the 50 ma is still below the 200 MA. But, it does look like WRAP is setting up for a potential golden...
May have caught this early and I like the story . Check out the sales per quarter , exponential growth rate quarter over quarter ( from 0.1 million in June 2019 to 1.4 million in Dec2020) . That's very huge growth! . Eps however , has been at a loss which has increased from -0.07 to -0.10 cents in the same period . The found ownership has gone up in that...
Hi, This is simple play - moving average crossed over for a buy signal and trading in a channel. Targeting an exit at the top of the channel $6.40. This stock should profit from the extra scrutiny on police units. 3 for 4 Since I started posting again I have had a successful January: three winners: NKLA, WMT, called GME (but did not trade it out of respect...
Potential gain:400% Reward/Risk:+13 Timeframe: 12m 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..! Don't forget to like, comment, and Follow to...
makers of a non lethal apprehension device made for law enforcement. Think there might be demand in 2021... great R/R
This is my first post. Did some basic financial checks on this company. WRAP will be receiving several international reorders totaling over 600 BolaWrap devices, plus cartridges and accessories. The Company expects to fulfill these orders by the end of the month. Looking forward to the price jump.