Recovery for Brookdale Senior Living. BKDBullish outlook for gains at 5.82, then 6.18 . Invalidation at 4.62.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
BKD
Brookdale Senior Living - Granny is tired living at homeOnce we breakout - lights out. 200-250% run as all the boomers return to nursing homes.
How to become a genius stock picker?
Step 1: close your eyes
Step 2: make up a 3 letter word that you cant pronounce
Step 3: find it in your ETrade or Robinhood or whatever the fuck you use account
Step 4: spend you life savings on it (better do some call options)
Step 5: Buy a Lambo!
PS: DO NOT FOLLOW THESE STEPS AND HAVE FUN STAYING POOR
My head hurts from watching everything run
$BKD Potential Short Play BKD is beginning to form a head and shoulders pattern. The left shoulder has been formed and the head is formed on the left side. If the pattern continues (yellow) then enter on the short side would be at 4.23. There are two exit points on this trade. The safest exit is at 4.04 and an extended exit on high volume would be at 3.85. The stop-loss is at 4.36 (-3.07%). The range of profits on this trade is anywhere from 4.56%-8.98%.
BKD Bullish Outlook w/ 3 TargetsHi Everyone,
This is my analysis of NYSE:BKD . It has been in a accumilation phase and make higher lows. We have clear divergence on RSI and MACD plus we are at a support line. With good R/R we have targets to the top of the range and above.
This is not financial advice and it is only meant for education. I am not responsible for any loss you have from trading my ideas including this one.
NEXT WEEK: IF LAST WEEK WAS SLIM, THIS WEEK IS "SLIMMER" PICKINSThere are a few names popping up on my radar for earnings plays, but when I "look behind the curtain," they aren't that attractive ... .
TEVA, for example, announces on Monday, but it's an ADR, so it could be before market open or after market close or, indeed, not at all, but on some other day. It's tough to put on a volatility contraction play when you don't know exactly when the contraction is going to occur. Moreover, it's biopharm; when it moves, it tends to move big and bigger than you'd want.
BKD has the right metrics -- >70% implied volatility rank, >50% IV, but it's probably too cheap to make a play worthwhile and, moreover, only has monthlies, which can be a pain to work if you need to roll. TMX suffers from the same affliction ... .
TMUS, however, may be worth a play, with implied volatility at the high end of its six-month range and a background implied volatility of 43%. It announces earnings on 2/14 (Tuesday) before market open, so you'll want to put on a play in the final hours of the NY session on Monday if you want in. Preliminarily, the Feb 24th 20-delta short strangle (which currently would be at 58.5/67) would bring in 1.09 credit at the door.
As far as exchange-traded fund plays are concerned, there isn't a single underlying with >70% implied volatility rank (over the previous six months) and >35% IV at the moment, and the broader market instruments (SPY, IWM, DIA, QQQ) (I'm basically playing like a broken record here), implied volatility is too low to put on premium selling plays (which is why I've been looking at low vol strats like diagonals to do something there; see Post Below).
For similar reasons, I can't do much with the VIX/VIX derivatives. My experience has been that playing these long is generally unproductive, and I'd have to go out to June to sell a 50-delta short call vert with the short call strike at 16 or above to see the kind of credit I like to get out of these (e.g., the VIX June 17/20 is currently paying .75 at the mid).