Earnings
Target Could Be Breaking a TriangleTarget gapped lower on weak earnings four months ago. Now it may be showing signs of the bearish trend continuing.
The main pattern on the retailer is a converging squeeze between the 50-day simple moving average (SMA) and the 100-day SMA. This has produced something of a triangle that TGT is now breaking to the downside.
Today’s chart also features our 2 MA Ratio study with the 8-day exponential moving average (EMA) and the 21-day EMA. The line just turned red, which indicates the fast EMA is below the slow EMA. That could also suggest the shorter-term momentum has turned bearish again.
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FDX: Overreaction?FedEx Corporation
Short Term - We look to Buy at 161.03 (stop at 148.79)
The company gave a bleak outlook for profits and plunged in the premarket by 20% .We are trading at oversold extremes. A move lower faces tough support and we remain cautious on downside potential. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. A higher correction is expected.
Our profit targets will be 206.12 and 215.00
Resistance: 200.00 / 240.00 / 320.00
Support: 160.00 / 130.00 / 100.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Bolinger Bands + EMA added to SSL = !!!So I've been using a few Bolinger + EMA indicators and SSL Hybrid/Non for a while now. No specific one, as there are quite a few versions available from TradingViews list of resources. Today I just happened to decide to see what would happen if I combined these indicators and do some strategy testing and play around with a few settings... well, here's the outcome. So far I've noticed better results on 1hour charts but this is just with LTCUSD (just happened to be on this chart when I started doing this so theres no specific reason I chose LTC)
From what I can see though, if you select the SSL Baseline as the strategies main resource for it's calculations from the strategies settings, it's pretty difficult to get a negative result... making this a rather easily profitable blend of indicators combined into 1 neat strategy with few settings have to mess with.
Let me know what you think and if this has been done in another strategy or indicator set that I don't know of yet?
Blockchain Companies: Expectation vs RealityCryptocurrency bubble?
When analyzing the financial data of companies in the blockchain/cryptoassets area, more specifically the EPS (Earnings per Share), we can see a huge discrepancy between expectation and reality.
It should be noted that some of these companies have never made a profit during their entire existence, and have negative cash flow.
The question is: to what extent has the market already priced in these negative results?
Would there be more room to fall?
Below is the concept of EPS, and shortly after a snapshot of the current EPS versus expected EPS, from the main companies in the cryptocurrency and blockchain area.
I'm not optimistic about this data, unless there's something that only I didn't see.
What is basic EPS?
Earnings per Share is the amount of earnings per share of issued, ordinary shares. When companies report financial results, earnings per share is one of the most commonly measured metrics.
(TradingView)
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Companies analyzed:
Marathon
Riot Blockchain
Hut 8 Mining
Coinbase
Bitfarms
BitNile
CleanSpark
Core Scientific
Argo Blockchain
Canaan
Hive Blockchain
Digital Bit
Galaxy Digital
BIT Mining
Valour
Ebang
Greenidge
Iren
The Blockchain Group
TeraWulf
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ETFs analyzed:
Proshares Bitcoin Strategy
Grayscale Ethereum Trust
Grayscale Bitcoin Trust
Amazon tests the resistance levelThe full-fledged uptrend left for correction and testing of the broken resistance at $125. After testing, the trend is likely to continue. With a 10% position volume and a stop bid at $121.50, the risk on the portfolio will be 0.5%. The profit/risk ratio is 3.74.
Amazon's Q2 2022 profits fell, but company executives gave an optimistic outlook for the cloud technology business.
If you're not ready to invest on your own yet, we recommend that you carefully study the Sirius website, read and familiarize yourself with all the information.
09/07 - DSGX Earnings Review- Large areas of supply at current price from prior trough may compress price following tonight’s earnings.
- 200 SMA enveloping price from above.
- Fundamentally priced to perfection and will need to revise up to prevent price decline
- Targeting a move to $63 post earnings
$NIO Short on Bearish Earnings -> on path to test $12$NIO Short Idea
We expect a bearish earnings release tomorrow. We believe that the support level near $15 will be tested this week and there will be enough selling pressure to continue lower and test the $12 level within the next month.
Our Foliko AI indicator, earnings power score, is demonstrating a large divergence with $NIO's recent price levels. When this pattern emerges near an earnings event, it does not support any expectations for positive earnings news.
ARRY - Array TechnologiesTop notch stock in the best group in the market right now (solar). Holding up well during the recent pullback in the broad market. It won't be able to buck the trend forever, but if the market as a whole begins to bounce or even just stabilize itself, it could allow this (and the other solar stocks) to really take off. The other two solar stocks on my focus list are SHLS & ENPH which arguably have cleaner setups, but the massive growth numbers draw me back to ARRY.
LULU: Fade the rally!Lulumelon Athletica
Short Term - We look to Sell at 329.26 (stop at 346.16)
They reported better than expected earnings and the stock jumped up premarket. The medium term bias remains bearish. We are assessed to be in a corrective mode higher. Bespoke resistance is located at 332.00. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 284.68 and 272.00
Resistance: 332.00 / 410.00 / 478.00
Support: 283.00 / 246.00 / 129.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
UPS Post Earnings PullbackNYSE:UPS Triggered a spike alert this morning which is happening at the 50% Retracement of the Post Earnings Rally. (see below for Daily higher timeframe context)
These are the real "earnings plays" that can yield positive returns rather than trying to buy a guess on the day before. Trying to buy or sell the day before earnings is a guess but very often earnings cycles create these setups weeks after a move has occurred with a much higher probability than a 50/50 bet.
Btc Sol usdt usdAmerican Health Information Management Association (AHIMA) – Certified Health Data Analyst (CHDA)®
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Healthcare Information and Management System Society (HIMSS) – Certified Professional in Healthcare Information and Management Systems (CPHIMS)
Project Management Institute (PMI) – Certified Associate Professional in Project Management (CAPM)**
#Bitcoin #DXY #federalreserve #economicOne of the things that has happened in the past recessions in the market is the rotation of the yield difference charts from the negative range. One of the reasons is the beginning of expansionary policies at this time.
To justify that we are not in an economic recession, the Federal Reserve points to short-term maturity spreads that are not in the negative range, in addition to the labor market.
The expected outlook is the beginning of recession from the end of this year, where the short-term reduction of GDP and the economic growth reaching below its average will increase the unemployment rate in the coming years.
Ridiculous Results in Strategy Tester! Can this be right?So here's another strategy I been playing around with and somehow came to this for BTC|USD
Am I just fooling myself or could these results actually be legit? (As legit as backtesting can be.)
The indicator is the "3C QFL v3" indicator. All set options etc you can go through if you're interested.
I've set an alert with {{strategy.order.alert_message}} in the hopes to figure out how to automate this thing using PaperTrade. This way I hope to get a better understanding of the indicator over time as real-time trades happen.
If anyone has any comments or advice or confirmations etc please let me know in the comments.
From what I can see, this is almost good to be true, or am I wrong?
JP Morgan (JPM) Post Earnings PullbackFor certain stocks I have Spike alerts setup on multiple timeframes to find opportunity. Today a Spike Alert triggered on the 2 Hour Swing Timeframe for NYSE:JPM . Where this spike in the opening morning price is occurring is at the 50% Pullback to the post Earnings rally. I was able to put on a position at the 50% proper this afternoon. This sets up a very low risk entry to play a move back to retest to highs of the post-earnings rally and beyond.