Analyzing the options chain and the chart patterns of LNN Lindsay Corporation prior to the earnings report this week,
I would consider purchasing the 155usd strike price Puts with
an expiration date of 2024-9-20,
for a premium of approximately $8.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Using my pattern count idea to show that the points at (1) are similar
Showing double top patterns with downward moves expected to the bottom of the channel up.
Weekly timeframe.
The stock just broke through a perfect buy point and triggered a buy-signal. The stop loss level and profit target are shown in the graphic.
All stocks on our watchlists meet the hard selection criteria according to Mark Minervini's Trend-Template and William o' Neil's CAN SLIM methodology AND
are in the process of developing a Perfect Buy Point and a low-risk...
