Strategy: Eagle Trap 🦅 | Bearish Confirmation 🔻
🟡 Current Price: $13.58
🔻 Trend: Bearish | Rejection at FBB 200 + Unfilled GAP
🗓️ Earnings: This Week
🔍 Quick Breakdown (35-criteria system):
✅ 32/35 bearish criteria confirmed
📉 Weak RSI, bearish MACD, trading below MA50 and MA200
📉 Rising volume on red candles
⚠️ Unfilled gap at $16.15
📉 Institutional outflows confirmed
📉 Projected EPS expected to disappoint again
❌ No positive catalysts detected
📉 Expected drop zone: $11.20 – $10.00
📉 Extended bearish target (if earnings miss): $8.00
🎯 Suggested Position:
PUT – Strike $13 or $12.5, expiration August 16
💰 Ideal entry: contracts below $0.80
📊 Risk/Reward: Very favorable
📌 Eagle Trap activated.
The chart shows technical exhaustion, lack of bullish momentum, and no upcoming positive catalysts. If earnings miss expectations, a sharp drop is likely.
📊 Are you ready to catch this fall?
🟡 Current Price: $13.58
🔻 Trend: Bearish | Rejection at FBB 200 + Unfilled GAP
🗓️ Earnings: This Week
🔍 Quick Breakdown (35-criteria system):
✅ 32/35 bearish criteria confirmed
📉 Weak RSI, bearish MACD, trading below MA50 and MA200
📉 Rising volume on red candles
⚠️ Unfilled gap at $16.15
📉 Institutional outflows confirmed
📉 Projected EPS expected to disappoint again
❌ No positive catalysts detected
📉 Expected drop zone: $11.20 – $10.00
📉 Extended bearish target (if earnings miss): $8.00
🎯 Suggested Position:
PUT – Strike $13 or $12.5, expiration August 16
💰 Ideal entry: contracts below $0.80
📊 Risk/Reward: Very favorable
📌 Eagle Trap activated.
The chart shows technical exhaustion, lack of bullish momentum, and no upcoming positive catalysts. If earnings miss expectations, a sharp drop is likely.
📊 Are you ready to catch this fall?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.