NOMDAnywhere in the blue square is a long for me. Earnings have moved this thing past long-time resistance.
Earningsplay
At important resistanceAs you can see drawn we are at an important resistance level. I believe a pull back to $44 or further is warranted after a drastic run up on price and high PE. RSI Showed quite overbought and after hitting these levels the prior two times we saw a quick decline. This is one stock I'm short of.
Are you extremely bullish? SNAP will have its first earnings report this week.
For those of you who are extremely bullish about SNAP, perhaps this potential bearish Bat will interest you.
This is an Aggressive C trading scenario in which you buy point C and expect the price to reach point D (complete the pattern)
Obviously earnings are risky and as you can see this setup requires a wide stop loss - Make sure it fits your analysis AND your risk management rules if you think about trading it.
Also check out my latest newsletter with more trading ideas. #WeeklyMarketsAnalysis on Twitter
DAL: Buy on good earningsFAILED BREAKOUT OF HISTORICAL TOP MEETS MOVING-AVERAGE SUPPORT
DAL is currently trading 15% below historical high, after it repeatedly failed to break out since late last year, on what looks like a quadruple-top at the historical high. However, the corrective move seems to have met a decent support at the MA100, $44 level. I would venture to say that the stock has found a temporary bottom and that the short-term picture looks positive.
SUPPORTIVE FUNDAMENTALS
In addition to the improving technical picture, the news flow from the industry has been supportive, as airlines have been publishing ever improving yield/occupancy numbers. As a confirmation, the DAL earnings have just come out and the stock is indicated up some 3% pre-market on the news.
COMPELLING RISK-REWARD
Strategy: Plain vanilla BUY at the market
Target: $50/share then $52/share
Stop-loss: $44/share
Minimum R/R: 1.72x
Alternatively sell a put at the stop-loss ($44) to finance a slightly OTM call.
Domino's Pizza (DPZ) Buying Opportunity-On April 28, 2016 Company had disappointing earnings.
Estimate: 0.97
Earnings: 0.89
Total Decrease -0.08 (-8.25%)
-Stock recovered nicely with the RSI indicator following the stocks trend
-April 27, 2017 is the next earnings report for DPZ
Estimate: 1.16
Earnings: ???
The stock is starting to sell off with rumours of lower than projected earnings. I'm projecting the stock to continue to sell off to continue to around the $164-$160 level.
-Great opportunity to buy at a discounted price after earnings are reported.
omc - possible earnings squeezeI will be looking to play another earnings squeeze on omc market open tuesday, earnings report pre market. earnings squeeze example below from apog which i traded last week very similar setup
Run up to 43, dash down to 42.2 then run back up after earningsHey let's see if this plays out. I am very happy I analyzed this because LONGS could get trapped here.
Earnings are 4/25/17 before market open.
Bad news in the price? Buy the earnings break.SUFFERING LIKE ALL US RETAILERS
Signet is a US mid cap with a leading position in mid-market jewelry retail. It has most recently been impacted negatively by the dull holiday season, and has generally paid the price of the weak US retail environment.
EVERYTHING HAS A PRICE?
The shares have been suffering, and are consequently trading at inexpensive multiples (discount to market and to its own long term valuation). Furthermore, management has been reshuffling the business and lowering expectations for next quarters. Fundamentally, the company continues to have an interesting growth profile on both the top and bottom line. The consensus of analysts has a BUY recommendation with a 41% target upside.
TECHNICALLY BOTTOMING OUT?
With quite high short interest (12.4% of free float, or >8 days of trading), any marginal good news could take the shares significantly higher. Furthermore, while the mid/long term technical picture still looks quite weak, it seems the stock has been trying to bottom out on the daily chart.
WHAT TO DO WITH THE SHARES?
Up levels: 77.18 / 80.00 / 84.25 / 84.75 / 86.00 /87.20
Down levels: 70.00 / 67.50
Target: 87.20 (+16.71%)
Stop-loss 1: 70.00 (-6.3%)
Stop-loss 2: 67.50 (-9.65%)
Reward-Risk: 2.65x
Strategy: Buy the shares IN HALF SIZE ahead of the earnings release on March 9.
VNDA Descending Triangle Pattern. Short (and Long) Opportunity.Simple probability set up. Triangle downtrend started in 11/2016 and VNDA has only been through one full harmonic trend (wave) ever since. Second wave downward move imminent with RSI confirmation @ 35 and bearish $13 target.
However, aggressive long entry for quick profit ($15 bullish target) especially with upcoming earnings. Upon $15 target, (expected RSI >50) short for mid-term trend follow.
Quick Long Target: $15
First Short Target: $13
Second Short Target: $11.50
Total trade should complete by/in April.
ABBV earnings playABBV has been down-trending within channel. My prediction is for stock to either remain in channel or move below. Drug manufacturers facing uncertainty, IMO due to probability of Clinton Presidency. Low risk option trade. I am Long Dec02 57.5p / Short Nov18 55.5p. Max loss is my .46 debit. Potential profit up to $1.5.
