oversold still with heavy accumulation sittin at big support, we jumped back in today at 240.60. P/E 10x. low risk
Hi viewers, RH technically watched here expecting strong bullish push in next periods TP1:340 TP2:350 TP3:358
heavy accumulation, cheap stawk. buffett fav. we started loadin Jan 250 CALLZ this mornin. holdin up well vs market. its "kinda" inflation resistant, cuz thu moronz that buy this overpriced furniture r rich...
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%.
sum nice accumulation down here. P/E 9X into earningz 2morrow. we've got a 250 straddle into earningz. targets 200-300
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.
No way RH has been able to whether the recession we're in. Lets see this mf tank.
I have had very lucrative trades in this name in the past and have not traded this in a while. Lol behold this about to report next week and I cannot be more excited on what I am seeing. I have played WSM very successfully last week and now focus is on this name. Everything is marked in the chart. Play it carefully and assume your risk. GL
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...
below 332 320-324 possible intraday idea only valid if market red/negative 2morrow #optionstrading #options #daytrading #tradeideas #stockmarket
The PEAD projected a Bearish outlook for $RH after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
Not doing lots of micro, but this earnings call is insightful to get a sense for the situation in the real economy. I just cut through the BS and put together the macro snippets. CEO Gary Friedman goes full mad max. Enjoy! "While first quarter sales and margin trends remain healthy due to the ongoing relief of our backlog, we have experienced softening demand in...
waterfall near completion severly overdone here, 350-355 CALLZ 4 next week will pay
we're reeloadin this one at thu doublebottom 2morrow, insane swinger thu past couple dayz
Has an adjusted earnings growth rate of 26.78% with a historic 12Y norm PE of 26.89 (5Y 20) and a current P/E of only 15. Intrinsic Value based on 15 P/E alone for 2022 estimates = $390. With an adjusted earnings growth rate of 13.09% across a 5Y span, this is a solid buy. Risks are the 72% Debt/Capital with interest rates being a risk as well as homefurnishing...
lol RSI 17, goin in 390 CALLZ here, waterfall ending any day now..........