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Burfordcapital

BUR Burford Capital Limited Options Ahead of EarningsAnalyzing the options chain and the chart patterns of BUR Burford Capital Limited prior to the earnings report this week, I would consider purchasing the 15usd strike price in the money Calls with an expiration date of 2023-10-20, for a premium of approximately $1.60. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:BURLong
by TopgOptions
BUR: (Descending Triangle) Continuation Pattern Almost Completedstructural notes: - more and more institutional investors are entering (pension funds and other long term money managers ) confirming wyckoffian analysis - more sell side analysts are initiating the name at upside buys (meaning they can add in their private wealth accounts) - some strong catalysts coming up that can uplift the name (retail investor call in mid june) technical notes: - the descending triangle is not complete but I think it will be soon; have to buy the upside breakout - the upside target of the descending triangle points to the initial target of the first point and figure price target of 17, this would put a price on burford at about 2 p/b (which is comparable to other names - but doesn't necessarily mean it will stop there- some value holders will sell tho)
NYSE:BURLong
by quantitativetendies
Burford Capital In ConsolidationLast post: June 6th. See chart . Review: Price was testing the support level. Update: Price has since come down to test the support level which includes the 50 simple moving average, and is consolidating between the support and resistance level. Conclusion: Applying patience and waiting for price to break through resistance before considering long trades again. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading
LSE:BURLong
by Sublime_Trading
Burford Capital Displaying Some Strength AgainLast post: May 24th. See chart . Review: Price was hovering around the support/resistance level. Update: The current bar has found strength to move back above the resistance level. Conclusion: Standing aside until the high at £16.30 has been broken as this will confirm a continuation of the bull trend. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading
LSE:BURLong
by Sublime_Trading
Burford Capital Nearing A BreakoutBurford Capital is still below the all-time high resistance which we highlighted in our previous post here, but it is still showing signs of potentially breaking out soon. Since price hit the support level in March this year, it has gradually been pulling itself up. If price does not break out soon then we may see it go into a period of consolidation. How long a stock stays in consolidation for is unknown and the best way to trade them is to wait for price to breakout either to the upside or the downside. As price is not too far away from the all-time high we may see a breakout soon and today's bullish bar was fairly big. We will now have to wait until next week to see if the bullish momentum can continue. Once we do get a breakout there will be opportunities to go long for those who have been patiently waiting. Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments! Sublime Trading
LSE:BURLong
by Sublime_Trading