Blow out earnings report resulted in a nice pop afterhours. The stock is in a zone of huge price history so may find it difficult to break through unless it gets interest from day traders and some short covering comes into play. Alert set for break above downtrend and resistance @ $17.00 Upside targets $18.80 - $19.75.
Potential day trade if downtrend breaks tomorrow. 13% short interest could help it on it's way
Looks like a breakout is happening from the symmetrical triangle. Check out that channel. Will it pullback? ER will decide that but I'm bullish on this one. I have a 3:2 14$ straddle on this one being that I'm not 100% on this (am I ever?).
We're ranging between the 0.236-0.382 (local fib) with outliers at 0 & 0.618 possibly correcting before another strong move to the upside. !!!DISCLAIMER!!! I'm new to analysis since November 2019 and this idea is only for the purpose of sharing ideas NOT investment advice, therefore any feedback from aspiring traders and experts are more than welcome. Always...
Are we ranging for another strong move to the upside? There seems to be a range between the local bottom and the 0.236 (of the local high). After a running flat correction we could enter the triangle correction until the first motive wave, stay tuned! !!!DISCLAIMER!!! I'm new to analysis since November 2019 and this idea is only for the purpose of sharing ideas...
Levi managed to bounce back from its current support level(13,26), but be careful though because it had low volume.
SALE LEVI STRAUSS & COMPANY take profit 12.58 take profit 11.58
a analysis in english. the brand is one of the best. 12 bucks is a good price to pay for an investment. if u like knockis, you should take a look at the ticket: DE000TT1TAL0 actually: 4,91/5,09 open end - ko: 7,857 I suspect an impulsive rise from may.
Great company but not the type to make it through a pandemic where retail is the last needed sector. Look for them to test their lows again this week. You can see it forming lower lows recently. It is overbought and macd is signaling to sell.
Je commence à suivre LEVI de près maintenant pour la simple et bonne raison que l'euphorie de l'IPO est passé. Le stock a eu le temps de corriger vers une zone de prix raisonnable. Le prix s'est stabilisé dans un range. On peut constater qu'il n'y a donc pas vraiment de tendance de fonds depuis les derniers mois. - Le prix se maintient au-dessus de la moyenne...
Update from previous chart as wedge support was too high. Trade Entry Holding Feb. 21 expiry Put Credit Spread 18/22 strikes. Chart Details LEVI price looked to breakdown out of Bull Flag. Support from previous chart was $18.87 from Jan. 6 low. Support moved to Dec. 17 low of $18.68. Pattern intact if above exit. Exit below $18.60 Bullish EMA cross above...
I see three different ways to enter this earnings and gap fill trade. Trade Entry 1. Feb. 21 - $20 Calls for $0.60 each ($60). 2. Feb. 21 Put Credit Spread – 18/22 Strikes. $2.50 Credit. $149 risk. $250 reward. 3. Buy shares and trade. Cheap at $19.25 Chart Details LEVI is coming up on earnings. Bull Flag formation just about to breakout. Bullish EMA...
Profitable company, undervalued. What's better in a financial crisis than trading expensive clothing for jeans. Time to hop in!
Again here's a potential 1:4 long setup. I have 2 profit targets. First one is 1:1.5 and second one is 1:4 LEVI LONG SETUP 1. Entry: $17.45 (buy stop) 2. Entry: $16.97 (buy limit) Stop loss: $16.53 (54% probability) 1. Target: $18.83 (46% probability) 2. Target: $21.13 (less than 35% probability) Risk: 2% Disclaimer: This is not investment or financial...