After the pessimistic outlook on the upcoming earnings, NYSE:FTCH plunged to the $2.50-$2.00 level. Even though this reaction is backed by solid reasons, the fair value for this stock is much higher than the current levels. Also technically, there is a Bullish RSI Divergence in the 4H timeframe and it may lead the price to the $3 level. It is one of the...
If you haven`t bought FTCH`s Double Bottom here: Then analyzing the options chain and the chart patterns of FTCH Farfetch Limited prior to the earnings report this week, I would consider purchasing the 5usd strike price at the money Calls with an expiration date of 2024-1-19, for a premium of approximately $1.06. If these options prove to be profitable prior to...
Analyzing the options chain of FTCH Farfetch Limited prior to the earnings report this week, I would consider purchasing the 5usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $0.80 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...
Position : long Take profit : 4.33, 5,06, 5,81 Stop loss : 3,60
FTCH is prone to big swing and this setup looks ripe. Last swing, from 6.52 to 12.89 took only 6 weeks. It was also triggered by earnings report. Current setup is even more favorable for upward movement than what it a quarter ago. If earnings report (17th, after the bell) is favorable, I believe bulls will push it all the way up to $16.5 - $17.5 range. If it...
Looking at the FTCH Farfetch Limited options chain ahead of earnings , i would buy the $11strike price Calls with 2022-12-16 expiration date for about $1.17 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
daily chart for a strong fundamental company as we are in bearish trend line ! this is a major play we should profit from it in the way down and in the way up
FTCH : A lot of tech charts look similar. - big zone of support -resistance here as you can see on the chart - Demark sequential 9 weekly Again, we're going against the trend but I like the risk vs reward for a long swing trade here, cuz I can have my stop loss not too far. Trade safe!
Ticker $FTCH is testing highs, looking as if it wants to breakout soon. Keeping this on high watch as the MACD and RSI both look great on this chart.
Sell FTCH now for 4% deposit Take 1: 60.22 Take 2: 56.22 Take 3: 50.22 Take 4: 45.22 Stop: 4% Profit: 20% (max. 40%) Wish you luck !
#FTCH is a hot stock and... constantly money losing business. Purely from a technical perspective its 5-wave impluse is probably close to its peak. Daily RSI is 85+ and stays very high for a few weeks. Expect a healthy correction from 60 down to around 40 within next three months.
NYSE:FTCH Possible Scenario: SHORT Evidence: Overbought RSI, Bearish Divergence It's my opinion and could be wrong 100%
FTCH is about to confirm the Cup and Handle model at $16.50 and Target at $ 20, wait for price confirmation. FTCH buy : $16.50 FTCH Target : $20 +-0.3 FTCH Stop loss : $15.35 Wish you a successful trading!
FTCH has been testing the resistance on open since a couple of days and falling flat the entire day. Also to note RSI is back at 70. Considering the preliminary results for Q1, This may be trading sideways until earnings. Trade at your own risk.