█ Trade like the pros in dark pools
If you're accustomed to trading on the stock exchange, you know that an exchange operates like a digitalized marketplace. Buyers and sellers gather around a stock and indicate what they're willing to trade for, hoping that two orders will match. Before you decide at what price you're willing to trade, you likely look at the...
Analyzing the options chain of ERIC Telefonaktiebolaget LM Ericsson prior to the earnings report this week,
I would consider purchasing the 5usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $0.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward...
The PEAD projected a Bullish outlook for $ERIC after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 57.14%.
We have a Bullish Bat Visible on the Weekly and Monthly with Weekly MACD Bullish Divergence near the bottom of a Decades Long Range. If we bounce from here to the range top a Partial-Decline will be Confirmed that could likely result in a Breakout to $28.
Ericsson also has a great P/E Ratio to back it up and as a result i have gotten the Jan 19 (413d) 8 C call...
The PEAD projected a Bullish outlook for $ERIC after a Positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
The PEAD projected a Bearish outlook for $ERIC after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
ERIC is gapped up this morning, got filled yesterday during the downturn at a ridiculously low bid, & was up well before market close. As you can see the daily chart is what's used, it was easy to see the turning point on volume looking for swing trade type positions. ERIC is expected to give earnings today & is expected be positive. ERIC has huge upside potential...
Ericsson ADR (ERIC) reported Q4 December 2021 earnings of $0.36 per share on revenue of $8.1 billion. The consensus earnings estimate was $0.25 per share on revenue of $7.7 billion. Revenue fell 0.4% compared to the same quarter a year ago. Here's important levels on the 1 day chart:
P/E = 15.4
EPS = $0.36
Div/Yld = 1.39
52 week high = $15.32
52 week low =...
eric industry 4.0
great stonk
won't beat a market drop
I'd favour the yellow arrow
orange is possible tho
Planning on btfd in around 3-6 months
NOT INVESTMENT ADVICE
GRI 2022
NOK's Swedish twin
Fundamentals just as good as a future industry 4/5 tech titan
Daily chart looking a little bullish, as per nok
Higher timeframes suggest more down imho
G.R.I. Dec '21
ERICSSON industry 4.0 stonk and WEF poster corp
Buy at 8 bucks
For multiple
DISCLAIMER: Post for information only: no advice given
MACRO CHART: likely needs to retest
