YY earnings idea to $39
This is for practice with my dowsing and intuition for earnings plays.
I saw the list of most anticipated earnings for tonight, so decided to let my pendulum choose which one may have a play. It chose YY, so here we are.
My intuition gave the signal for up with the number 17. A 17% move would take it to $39.27 from today's close.
My pendulum likes the number 39 as well, and it also gave me the points up option of $5.40. That, coincidentally lands YY at 38.97. The heavy emphasis around the 39 level leads me to believe it hits up there, but watch out on the 29th because I have that date coming in for a reversal to some extent.
One cool thing that happened during this reading was I was guided to the date of 3/17. I look at the chart and see that 1st qtr earnings were actually the 18th! I thought that was so cool, but I'm not getting that it's really relevant in any way I can figure out, other than maybe just as a demo of how there is intelligence behind this work. Like maybe it's a wink to say, "I know what you're asking about." Idk.
I haven't been aware of this before. Or, it really is relevant to YY's upcoming price action & I didn't get the correct info. Either way I thought it was really neat.
I saw the list of most anticipated earnings for tonight, so decided to let my pendulum choose which one may have a play. It chose YY, so here we are.
My intuition gave the signal for up with the number 17. A 17% move would take it to $39.27 from today's close.
My pendulum likes the number 39 as well, and it also gave me the points up option of $5.40. That, coincidentally lands YY at 38.97. The heavy emphasis around the 39 level leads me to believe it hits up there, but watch out on the 29th because I have that date coming in for a reversal to some extent.
One cool thing that happened during this reading was I was guided to the date of 3/17. I look at the chart and see that 1st qtr earnings were actually the 18th! I thought that was so cool, but I'm not getting that it's really relevant in any way I can figure out, other than maybe just as a demo of how there is intelligence behind this work. Like maybe it's a wink to say, "I know what you're asking about." Idk.
I haven't been aware of this before. Or, it really is relevant to YY's upcoming price action & I didn't get the correct info. Either way I thought it was really neat.
Trade closed: target reached
This worked out, just not in the time frame I expected. But that's ok.
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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.