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GAP Post Q1 2024 Earnings (part 2)

The time has come. New ticker symbol, same story, my thesis remains unchanged despite the macro environment. I think GAP is in a good position to remain within this large megaphone like channel and I think that those who did their due diligence and believed in GAP will be rewarded.

In terms of position, I'm going 95% shares and 5% calls. I have definitely capitalized on today's low open.

I expect a good year for GAP but If I'm wrong, I'm willing to accept the loss.

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As desired, the lower gap has filled and provided me another buying opportunity, my orders have executed and now i will sit back and wait

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ANF fell at market open and NVDA has dropped in after hours as well. These stocks are over extended, and I expect the market to be red tomorrow. GAP remains undervalued and unnoticed in my opinion, and I think if earnings play in our favor, we can see a good pop.

With blood in the water, I expect gap to get dragged down and i may capitalize on the blood if it proves to appealing to pass on.

Best of luck !

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crazy morning. that's def a big money candle and trading has halted for GAP. The manipulation before earnings is here and thigs are getting crazy. bought at the low. let's see how things play out 😤

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things are even wilder than i thought, apparently earnings were released early, and I didn't even know.

earnings were a beat! that earnings gap was filled and judging from the price action in March I think we can see a steady climb up once all this madness settles

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So, wild day. This is how we looking, and truth be told I'm fealing good.

54 cents vs 40 cents EPS
3.72$NYSE:B vs 3.63$NYSE:B revenue
and a slight increase in its previous forecast

I'd say we are doing good and its validating seeing our beliefs in this turnaround come true. I'm sure you all already know, earnings were "accidently released" early, GAP shot up 9%, and trading was halted. Thats just the nature of the riskiness of earnings sometimes. Momentum was stalled but I think we have solidified our current position and there's no need to panic.

We didn't get the jump we hoped for, and I'd say that's due to the fiasco earlier today but the likelier scenario after those numbers is now up rather than down. I don't think there's much room to go down and stand by my belief that we can trend towards up slowly to the 30s.

Patience will pay off. i expect a green week next week.

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rough week, all momentum was lost after the earnings drama and markets look week. I expect things to pick back up soon. I'm hanging on tight to my shares but stay safe out there. We have to be able to acknowledge the worst case scenerio if the markets dont recover in September

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We have been bleeding for past couple sessions and RSI is looking oversold on both daily and 4H chart. would like to see a bounce here fter covering tht gap left in March 2024

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That's a beautiful bounce and we nowhere near oversold on the daily. I expect a steady recovering from here but let's see how we close out the week.

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alright so a nice even 6% gain on the week. Not too shabby. The bulls are present, and we have closed the week above support and right on that weekly 50 EMA.

The daily RSI is looking good but weve left a gap behind us around 20.65$

wouldn't be surprised if we keep climbing up nest week but i would like to see that fill. This stock has a repeated tendency of filling gaps.

FOMC next week, this one is key!

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doesn't look so hot

we got the gap fill we were looking for but this looks bearish to me, clear head and shoulders pattern to retest 19.30$

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we are holding that 20$ mark very strongly. With rates cuts officially announced i am more bullish on small caps than ever. I think it should be a strong end of year

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up more than 5% on the week we are holding that 20$ mark very strongly, thats a sign to accumulate to me

i remain bullish on GAP

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UP OVER 14.5% since the Sep 10th low and expecting u to clumb to 23$ and reclaim that old support

i want to see us break above and hold before continue its climb up

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boring for the most part, we are holding well above 20$. I have not touched my position at all. Gap remains one of the largest holdings in my portfolio

Check out this article by Benzinga down below 👇
"18 Stocks Goldman Sachs Is Bullish On For Third-Quarter Earnings"

tradingview.com/news/benzinga:84e965227094b:0-18-stocks-to-buy-7-to-sell-this-earnings-season-goldman-sachs-calls-it-the-year-of-the-stock-picker/

Glad to see us tipped with some BIG names for earnings upward revisions by Goldman Sachs. Will be following their picks, so far, they are 1/18 right with Citigroup toping earnings today, despite their fall.

I think they are playing it on the safe side though. 10% upside in 12 months might be reasonable projections for a company like DELL or NVDA , but i think GAP has a lot more to offer us. My beliefs remain the same, and patience will pay 😤

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back over support 👀

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6 of the 18 stocks that GS has predicted to beat earnings have been successful so far with various post earnings price action. More than half still to go and that includes gap.

Citigroup Inc. C
Synchrony Financial SYF
Amgen Inc. AMGN
Boston Scientific BSX
ADT Inc. ADT
Merck & Co. MRK

We have had a very successful rate in the past with the exception of the last earnings fiasco andunless we see a change in trend next earnings i still remain bullish on GAP for the remainder of 2024!

TIME WILL TELL

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alright, big day tomorrow, let's hope they don't screw it up again.

Despite the boring price action, I'm feeling positive. I think GAP has a lot to prove, this is still one of my major holdings in terms of position size in my portfolio and me holding onto this position will depend fully on tomorrows earnings + forecast. I think we can see a 30% climb following a good earnings report and in the even that we do ill be selling off roughly 35-50% of my position depending on the earnings reaction.

nothings guaranteed with earnings so i have decided to close out my position in full if they don't meet expectations or project good forecast numbers in 2025 as it has been lagging the past couple months and there are other opportunities i see the in market. Lets hope this story ends well for us 🙏

ZACKS sporting us a buy 👇

tradingview.com/news/zacks:3a51d5d67094b:0-gap-q3-earnings-coming-up-here-s-what-investors-should-know/

Tradingview analyst sporting us a buy with avg rating at 27$ and seeing something similar with Telsey👇

tradingview.com/news/DJN_DN20241118009363:0/

Keeping up with the earnings prediction of GS. We have a few more earnings results:

PR was a beat and saw a rise in price
SNOW has beat earnings and popped in AH
TOAST was a beat and saw a rise in price
QGEN was a beat and saw a small rise before falling following earnings
KVYO was a beat but saw price fall due to poor forecasts
MNDY was a beat but saw price fall
NVDA was a beat with price reaction down in AH
and SRE was the single miss with price rising

if we go off strictly beating earrings GS has predicted very well with 13/18 so far beating earnings and only one miss.

depending on price tomorrow i may open up a very small call position, best of luck !

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REDEMPTION!

I think they killed it! We are up over 15.50% in AH following the earnings result and I'm loving it. Nearly a 25% rise with ~9% priced in before earnings release.

Lets see if we can keep the momentum going in premarket tomorrow, and I think if we don't automatically gap fill down after open and hold 25.50$, we can climb higher towards 30$

Numbers are good forecast are good, i feel bullish for next quarter and especially love this 👇

"Holiday is off to a strong start and we remain focused on executing with excellence in the fourth quarter," Dickson said. "Our performance year-to-date gives us the confidence to raise our full year outlook for sales, gross margin and operating income growth."

"This is the seventh quarter in a row in which Gap handily beat earnings expectations. The company is undergoing a multiyear turnaround strategy under Dickson, who joined the company in 2023.

In the past year, Gap has cut its corporate workforce, hired new executives — such as fashion designer Zac Posen and former Alo Yoga President Chris Blakeslee — and taken steps to become more relevant for consumers.

The company has started to see better sales momentum across most of its brands."

7XS !

Trade active

hanging on to my shares here

Trade closed manually

Closed out today. Looks to me like we want to drop lower. Locking in the profit.

Will keep an eye on this

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gaps holding up fairly well, earnings gaps can always be tricky and this one isnt as clear as the one from MAY 2024. i did allocate 75% of my GAP capital into the etf on NOV 27th after closing this on the 26 and im happy woth my capital there.

but im still keeping my eyes on this with intentions to either DCA in , , , or re-enter in

on the daily, GAP was to my surprise able to bounce of the 0.382 fib level and create a higher high

the gap left behind siits right at the golden pocket fib level meaning 24.65$ may be a good place to enter a trade.

if we can hold that we can create a higher low with the 50 EMA catching up

the RSI looks to be diverging tho. lets see how things play out

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small position entry was made, holding that 50 EMA on the 4H

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nice jump here

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this is holding up well. I'm raring my stop loss just slightly below to the swing low from DEC 13. Current position up 3% and if we can hold this area i will consider adding to my position for a rally towards 27$

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raising *

stop loss from 23.65$ to 23.80$

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stopped out here for a 3.45% loss

going to keep my eye on this

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I have not forgotten about GAP. Will be looking for a gap fill entry here and start positioning for earnings

I'm expecting yet ANOTHER good report from GAP especially after the holiday season and trust the team can deliver positive forward guidance for 2025.

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we got the gap fill, so i started building my gap position with shares for now

we got earnings beat estimate again from ZACKS!

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building out my position, almost fully in. Looks like Gap has moved its earnings back so we will have to wait a bit longer

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my position is now fully set and we are 6 days away from earnings. Markets have struggled as of late and earnings are always risky. Overall macro environment is a concern for me not so much in how GAP performed last quarter but in what they will say for forward guidance. They did have a dividend increase recently so i lean bullish and willing to take the risk.

Lets hope for a great report!

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8XS. GAPS DONE IT 8XS.

The markets were weak this weak and this original idea was taken out but I'm glad i opted to stick it out till earnings.

That was extremely risky but my conviction in GAP has paid off. Report after report they have showed resilience remain undervalued in my eyes.

As i said before the quarter performance was no concern to me more so the forward guidance for 2025 and this was music to my ears:

"Gap's outlook takes into account the potential impact that President Donald Trump's new tariffs could have on sales and margin growth. That said, executives are expecting the levies will have a "small" impact on margin. In fiscal 2024, Gap sourced less than 10% of its products from China, and less than 1% from Canada and Mexico combined."

Good read :

tradingview.com/news/DJN_SN20250306012895:0/

Tomorrow market reaction will be key, stay on your toes

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Holding onto my position. Gap managed to do well today and we did not gap fil down. This is looking like a "safe haven" amongst the chaos in my eyes

tradingview.com/news/DJN_DN20250307006604:0/

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Earnings jump couldn't hold. Not much of a safe haven but I remain an investor fin gap for 2025. Overall macro environment remains pessimistic. Earnings gap has been filled and we got the FED reporting this week.

Would like to see gap hold this area and not form a lower low. Lets see how things play out.

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we held that local low. nice little relief rally overall. We getting rejected from the 50 and 200 daily EMAs, may be best to trail a stop

but i do remain optimistic and would like us to test that trendline

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got that reject we expected. overall market drop following the inflation news. currently holding this trendline. dont expect it to break lower

LaMASIA_100

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