$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.
Earningsplay
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.
9/1 - Lulu Pre-Earnings Analysis Higher probability of downside move with Lulu earnings scheduled evening of 09/01:
1. Multi-month head and shoulders was cleanly pierced and then retested with downward pressure from its base.
2. Multi-week down trend off of 200 SMA.
3. Multi-day weakness leading to today, with overall rounding of price to the downside.
4. Multi-year support would occur around 245.
5. General market weakness and downward revisions from retailers.
Conclusion: Earnings volatility on 09/02 could see test of $245.
NVDA possible Breakdown before EarningsNASDAQ:NVDA
NVDA on the daily chart appears to have formed a flat top triangle
with the trendlines drawn onto the chart. Price appears to
be falling outside the ascending support line before upcoming
earnings. Will NVDA rise to regain support or breakdown further?
SNOW: The sun looks to melt this awaySnowflake
Short Term - We look to Sell at 193.62 (stop at 220.84)
This stock surged after earnings report on premarket. We are trading at overbought extremes. A lower correction is expected. A move higher faces tough resistance and we remain cautious on upside potential. Selling spikes offers good risk/reward.
Our profit targets will be 132.14 and 120.00
Resistance: 194.00 / 240.00 / 320
Support: 130.00 / 110.00 / 80.00
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.
$DELL will slide on Earnings🔸️Ticker Symbol: $DELL timeframe: 4H 🔸️2X Bull Pattern 🔸️Investment Strategy: Short
TECHNICAL ANALYSIS: Lets dig into $DELL here a little; It has not been a very good year for most stocks this year, and no exception is made with DELL. We have the Co-COO selling more than $5 million worth of shares last week; and the YTD coming in at a dismal (-15%). Most analysis have revenue matching closely to the estimate, and missing on EPS by a point. As we look more into the technical analysis viewpoint of $DELL, We have our custom indicator telling us a few things here; money flowing out of the market, and a rejection from our top regression channel. We have fundamentals and technical analysis calling for a sell off; and I will be looking at swinging some puts at the end of the trading day tomorrow for some ER Lotto's!!!
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$AFRM poised for Earnings🔸️Ticker Symbol: $AFRM timeframe: 4H 🔸️2X Bull Pattern 🔸️Investment Strategy: Long
TECHNICAL ANALYSIS: AFRM is slotted to post earnings heading into tomorrow's after hours, and I think we will get a decent indication of trend and momentum throughout Thursday's trading session. Taking a peak at previous price action, AFRM, has posted positive revenue growth, and price typically follows the reaction to the high side. There is a ton of insider activity that promotes positive feelings from within the company, and we can validate this on the current options board; posting more than $50k in call options on this Friday's $30 call strike. From a technical analysis, money flow looks to run positive, and price is currently holding a decent trend line; as we look to start the uptrend following the downhill phase of this "Bump-N-Run" pattern.
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⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
Can $DLTR repeat on Earnings?🔸️Ticker Symbol: $DLTR timeframe: 4H 🔸️3X Bull Pattern 🔸️Investment Strategy: Long
TECHNICAL ANALYSIS: With $DLTR opening up tomorrow's market with an ER, there may be some positive outlook on the outcome. So far in 2022, $DLTR has been on fire on company operations. The last 3 ER have led to significant jumps on the price action, and top analysis see no difference with tomorrow's report. Technical analysis, money momentum is poised to bounce from the bottom indicators on the dashboard; and price is holding nicely at the middle trend line. I'm not a gambling man, but if I were, I'd stack my chips on green.
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INTU: Not so 'into' this stockIntuit
Short Term - We look to Sell at 478.00 (stop at 501.49)
This stock reported earning in line with expectations and reported a share buyback which led to a jump in shares premarket. We look to fade this brief rally.480.00 continues to hold back the bulls. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Further downside is expected although we prefer to sell into rallies close to the 480.00 level.
Our profit targets will be 421.00 and 400.00
Resistance: 480.00 / 580.00 / 660.00
Support: 420.00 / 340.00 / 280.00
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.
PANW:Earnings surprise catalyst!Palo Alto Networks
Short Term - We look to Buy at 533.54 (stop at 509.45)
They reported better than expected earnings and share jumped in premarket. We are trading within a Bullish Ascending Triangle formation. Broken out of the triangle formation to the upside. Previous resistance at 531.00 now becomes support. Dip buying offers good risk/reward.
Our profit targets will be 604.82 and 620.00
Resistance: 560.00 / 605.00 / 640.00
Support: 531.00 / 460.00 / 400.00
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.
35%+ Upside following earningsNVDA has earnings this week and is completing its accumulation, should test 166 before the report but is in buy zone from 166-175. The semiconductors are bullish across the sector, most have completed their bullish cycles and will begin next wave at larger degree - this will take the market higher and on to new highs in early 2023.
NVDA expected price action:
- gap up toward 194-198 and continue to 207-217 by 9/9/2022
- retest breakout level/upper range of accumulation structure in upper 190s, then run to primary target of 230 by end of Sep. '22 (there is also a gap to fill there from a few months back. At this point its impulse trajectory will be clear and can get a new goal target (subwave 5, count not shown), est. 242-257 (another open gap at 257)
- Goal target and resistance is 280s by end of 2022
Stochastic RSI is very bullish and signals accumulation period is completed (or will complete around 166 - not required condition just estimate, it could markup from here). The markup will be activated above 191.
WWE Falling Wedge LONGWWE is in a falling wedge ; I had a good pop from earnings
a month ago and another earnings report is upcoming.
The RSI oscillator shows bullish divergence increasing
the probability of a breakout.
I see this as a long trade with the RSI confirming and
in the context of upcoming earnings, I will agressively
enter without waiting for a retest as soon as price goes
over the downward resistance trendline.
DKS SHORT SETUP for earningsDKS has had increasing prices since the last earnings when it beat the estimates.
However, the price is ascending in a rising wedge which may suggest a breakdown.
While a breakout is possible it is less probable than a breakdown.
The chart has the rising wedge drawn in. The RSI indicator is suggestive
of bearish divergence in the past week. This may forecast a reversal in
the immediate term i.e. a breakdown.
All in all, I will take a put option with an expiration of September 2nd
at strike of $105 and watch for a reaction to earnings which ger reported
this week.
. NYSE:DKS
$NVDA earnings could be a market catalystBears are looking for downside fuel to prove that these last few weeks were a bear mkt rally. And if NVDA misses it is safe to say they will punish those that chased it up. For now it is approaching a long term down trend high but is supported by the anchored vwap from the June swing low. No position but watching closely to see if it sets the tone.
PRTY Earnings Breakout LONGNYSE:PRTY
PRTY had a double or triple bottom after the earnings
miss in May but has reversed after
PRTY had great reported earnings last week and now
has breakout price action. A Target of %3.00 based
on the volume profile and the EMA 200 seems
reasonable. A stop loss of 1.69 based on the
EMA20 and the volume profile makes for a
good reward for the risk. The low volume
area ( a bit of a gap ) could allow for quick
upwards price action into the upper high volume
as the price fell through the same area quickly
back in May with the earnings miss.
All in all, this makes for an excellent swing trade
setup.
$SAM one of the biggest beer companies in the US.After missing 4 earnings reports the stock has taken quite a hit, down almost $1,000 per share since April 21'. However it found support in the 288 range and bounced aprox. 30% and then a positive earning report beating estimates, 20 day EMA positive crossover of the 100 day EMA supports uptrend as the 20 EMA is appearing to become support. The only problem I see is it is still trading under the 200 day EMA and the trend could also be affected by upcoming earnings in October. Looking at the chart and financials I believe it has 3 gaps to fill on the upside, it is currently trading at 381 and has gaps at 471, 747, and 907 respectively. In April of 21' it was trading at $1,350 at its peak on revenue of aprox. 550 Million, Net Income of 65 Million, and Gross Profit of 250 Million. As of now the company recorded revenue of 616 Million, Net Income of 53 Million, and Gross Profit of 265 Million. As revenue and gross profit has increased and a positive earnings report in July I believe it has room to the upside as the market is driven by financials, all be it net income is still down 10 Million (mostly due to over estimations of Truly Seltzer) it is seeing strength in its ''Beyond Beer'' brands and Twisted Tea expanded its number one position in the FMB category as well as Angry Orchard is showing prominent command in the hard cider category. They are also expecting a launch of Hard Mountain Dew, if consumers take a liking to that and their other brands continue strength I believe it is possible to fill the 471 gap before FY22 ends, as for the other gaps it could take some more time. It is also noted beer sales have a potential to rise in times of economic downturn. I will remain bullish unless it breaks the 288 range.
CSCO: Overbought?Cisco Systems
Short Term - We look to Sell at 49.85 (stop at 51.86)
This stock guided a rise in revenue for 2023 and shares jumped higher. We are trading at overbought extremes. A move higher faces tough resistance and we remain cautious on upside potential. Selling spikes offers good risk/reward. A lower correction is expected.
Our profit targets will be 45.11 and 42.00
Resistance: 50.00 / 56.00 / 64.00
Support: 45.00 / 42.00 / 36.00
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.
WMT Walmart LONG Swing TradeWMT beat earnings by 10% and has been upgraded for targets as a result.
The chart shows heavy relative volume ( 4X the running average) reacting to the earnings.
WMT has a 10% upside to the resistance of sell order blocks above.
WMT is now set up for a long swing trade with either the stock or call options at
an expiration a bit before the next earnings.
$SE 1D BUY SETUP FOR +70% MOVE!Sea Limited is good stock if you are thinking about adding a digital gaming, software and cloud communication/network stock to your watchlist/portfolio. It is currently showing a possible sign of retracing to$120 area, but I think it will report good earnings and have a positive move up from the news. It is also coming out of a contraction which always means a big move is coming!
$TGT (TARGET) POSSIBLE +20% GAP FILL!$TGT has earnings coming up and a huge +20% gap to fill, which would be a +$35 move for this week to come or even leading into next week! Price has broken resistance and is making a bullish move to the upside to fill that gap it seems! Patience is key! wait for confirmations & ride the trend!
ENPH - Dream pattern before earning Cup and Handle dream pattern with triangle handle. Earnings history very strong beating estimates consistently.
You don't need to know what's going to happen next to make money ~Mark Douglas
Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie