$CHD ready to move higher after breaking out of ~17 month base?* Excellent earnings quarter over quarter
* Very strong up trend on the monthly time frame
* High relative strength of 2.75 in the Consumer Defensive sector
* Pays out a quarterly dividend
* Breaking out a ~17 month base
* Both monthly and weekly candles show a large bullish hammer candle
* The weekly chart used the base resistance of $97.53 as support and mad a very strong move higher on earnings today
Trade Idea:
* Now's a great time to enter as the price is just breaking back higher.
* Held up very well during a massive correction.
* If you're looking for a better entry you can look for opportunities near the $100.7 area as that should serve as a temporary support level.
Earningswinner
SNX Swing IdeaI like SNX as a post-earnings momentum play as long as the overall markets continue trending up. This one seems to trade pretty much in line with SPX on a relative basis (Price Relative plot), and demand is pretty high following the earnings announcement a few days ago (RSI plot).
The price chart has been trading above the 200-day moving average (indication of an up-trend) and is looking to test all-time highs. I would expect this to take some time to develop.
Earnings play pt.3AMZN has dramatically increased from the last earnings report. I have placed a long and a short order to take advantage of the volatility this stock shows near earnings reports, currently, the ADX is showing that the price could be rebounding in the future. Also, the Coppock curve is heating up, so, there could be a short-term fall.
Tesla Head and ShouldersTesla has produced a head and shoulders pattern. It has not yet broken out of that pattern but today is earning report- so maybe the opportunity is rising to profit tremendously. The volume has been in a decreasing trend ever since the last earnings report, so I accept a large breakout. Also, the coppock curve has been in a decreasing trend line for a while. I have put the buy order and the sell order at 3.00% take-profit, to cover any potential rebound in the short term.
Earnings cup and handle patternTRI has provided a cup and handle pattern - and is currently in a short term flag. The coppock curve has been decreasing with the flag. Long order is till the open of the flag. Short is opening below 25 MA. Also, the volume is decreasing with the flag at a angle of 35 degrees - showing a potential large breakout.
ASX:ASL Long IndicationP/E Over 24
P/B 1.11
Last yearly report, net debt was wiped by well over 100m leaving only 216m left. Debt may not be completely wiped, but a hint at dividends returning could be possible. Operating profit returned positive after two consecutive years negative. If net profit after tax exceeds 70m and debt is decreased by 50m+... This will be fantastic. The share price will exceed $3.
A stock so fundamentally strong with good earnings - this may soar.
Earnings should be strong as the price of gold has not diminished, iron ore has also returned over $60/tonne.
I have an order in for 1300 shares at $2.16 strike. I feel it is early enough to bet on earnings without getting in high and late after the pre-earnings hype.
Earnings on the 23rd.
If earnings look anything like last year... wowzers.
Tesla breaks out of a 3+ year rectangle to the upside before ERAs earnings near, Tesla breaks out above its 100 day moving average (pink line) and a 3+ year rectangle pattern (blue lines). If earnings beat, diagonal support line 1 could be breached, starting a $95 move upward as forecasted by the rectangle. New support at diagonal line 2 and blue line Y. RSI is still in a bullish upward channel, but let's watch for a movement above 70.
FB Might Reach A New High With Its Earning Report On July 27thNASDAQ: FB looks as if it will dip before hitting a new high on July 27th. As for the YTD of FB the Q Earnings Report has shown that FB receives a jump. This could potentially happen after the 27th. But do not be discouraged if the stock seems to fall prior the 27th. Check it out.
Gilead ready for Lift-Off Target1: 123.27 Target2: 140 Stop: 93Consistent outperformer with always an Ace up its sleeve. Expect at least a 30% increase in value in 2016. You will never see this stock at these prices ever again. Buy now and thank me Later. All bets are off if we have a financial collapse dragging the share price below 92.96.