Ryanair to drop 5%Opportunity to short Ryanair and take advantage of the gap fill that is likely to occur over the next month or so.
Gapup
ADT OPTIONS | How To Play The Gap UpSimple Technical Analysis On ADT, Plus This Weeks Options Plays.
With both of these plays, it will be up to you to secure profit. Do not trade this though, you will lose money :)
Long ($16 Breakout):
Premiums will be extremely expensive on the call side, important that we wait for confirmation or else we will get clapped quick from a rip down
The Call:
$12.5 Call 8/21 @ $330 avg
Short ($13.26 Level):
Premiums on the put side are extremely cheap for mainly one reason, the gap up. If played correctly, times like this can provide an amazing day trade opportunity.
The Short:
$7.5 Put 9/18 @ $12
Strictly educational purposes only
DotcomJack
Woah! This thing identifies SPY gappers!So previously, I released an indicator called "Bunch of Numbers", believing that it was pretty useless. BUT guess what? It turns out that SPY gappers (up and down) have pretty similar sequence of numbers.
WARNING: these same numbers have also caused SPY to gap down!! A "Bart" pattern with these numbers at the end will almost always be a gap down.
My methodology:
1) 3 minute chart
2) has to be within 15 minutes of close. Some of these only appear in the last 3 minutes of close.
3) 7's at the bottom of the screen signify that price is touching the 200MA on the 3minute chart.
4) There is no logic or reason behind why a number is labeled "9" instead of "5". It's just a label that the programming gave to a set of conditions. I could have easily labeled these candles with the alphabet
5) Like I said, these same numbers have been known to also GAP DOWN><
Updated Technical Analysis on SPY 7.13.20Sentiment: Short term Bearish
Reasons:
1.Strong Weekly Resistance (Now Support) at 317.59
2. Bearish Island Gap on Daily Chart
3. Bullish Channel Breakdown
4.Selling Volume Increase
5. Rising Wedge Pattern Formed After Market Open Gap up
5. Decrease in Overall Volume During this Pattern formation Confirms its Strength
TSLA -!Only an Idea!-Alright so I've been looking at TSLA charts for a while now. Every day it seems it gaps up so i'm going to try an experiment with the Chart itself, so I could possibly start making a better strat to follow TSLA and all it's volatility and pattern breaking tenancies.
For my first little test im just going to try to find where it tends to gap up every day in the morning.
First idea is to see if it gaps up to the HOD from the previous day every time.
Remember if you'd like to join the Trading group message me. It costs money so be prepared if you're going to join.
OMP - HUGE Gap up?Have to wait and see on this one, but pretty clear where it should go. Have to see if it can hold and what the earnings are :)
Nifty 50 , 75 Min Chart Analysis . TRIANGLE PATTERN In 75 Min Chart Over All Structure Is Getting Neutral , Price Taken Some Pause And Consolidating Here .
1) Triangle Pattern Is Formed .
2) Price Retraced Fib 0.618
3) Rsi Giving Strong Divergence
If Triangle Brock Upwards And Crosses 9039 . Then It Will Give First Reversal Sign.
one Can Trade If it breaks 8678.30 with Strong Bullish Candle Or After Breaking Bullish Reversal Can NSE:NIFTY NSE:NIFTY dlestick Pattern High .
Update: 1 gap down left and a few gaps up $TSLA Update on my previous idea: the gap up has been closed, 2 gaps down have been closed with more gaps up created.
We are closing in on the 3rd gap down which also coincide with the golden 0.618 fib and will very likely be closed next week.
I'm expecting a rebound in the days leading to the Q1 delivery numbers announcement with maybe the date given for battery day the last week of March too.
Bonus added: a gap even lower from October that could be closed as most countries already in hidden recession are now closing everything to prevent the virus from spreading and trying to flatten the curve.
$TSLA $TSLAQ - 1 gap up but 3 gaps downUpdate from my previous idea posted as there is a 3rd gap down from 10-13/01/2020 between 478 & 492$ which is still recent and close enough from my macro 0.618 fib (180-923) to be considered.
I disregard any gap below 5$ or previous to 2020 up trend.
Again I don't know what I am doing there...
TSLA: 1 gap up at 740$ or 2 gaps down at 590$ & 510$Following the article www.investopedia.com it would make sense for the stock to keep going lower and close the 2 recent gaps:
- 29-30/01/2020: 590-618$
- 17-21/01/2020: 510.50-518.5$
Or it could keep going on the rebound from closing/afterhours today and go close the gap between 739 & 776$.
As always, I don't know what I am doing there...
$TXRH is going UP!!!NYSE Earnings strategy signal.
Casual dining restaurants operator Texas Roadhouse, Inc. has been increasing sales (from $1.25 bln in 2014 up to $2.21 bln in 2018) and EPS (Earnings per share: from 1.58 in 2014 up to 2.46 in 2019) for 5 years.
Four analyst companies published $TXRH rating in 2020. Two of these ratings were upgraded.
The company opened some new stores in 2019 and has a strong upward trend.
It is strong enough to break the expected EPS of $0.52 per share and expected revenues of $713.75 million.
So our hypothesis is that $TXRH is ready for the next gap up after publishing earnings report today after market close.
Due to strategy, the buy long can be from the current price (65.5),
target profit — +$5 ($70.5),
stop-loss — -$5 ($60.5).
Risk/reward is 1:1, but correct strategy implementation implies more than 60% of profit trades. More about NYSE Earnings strategy: fondexx.com
More information: fondexx.com
Education: fondexx.com
How to get into our trading chat: fondexx.com
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$CPRT is going UP!!!NYSE Earnings strategy signal.
Online auctions and vehicle remarketing services provider Copart, Inc. has been increasing sales (from $1.15 bln in 2015 up to $2.04 bln in 2019) and EPS (Earnings per share: from 0.87 in 2015 up to 2.57 in 2019) for 5 years.
The Guggenheim analyst renewed $CPRT rating in October. This rating was upgraded.
The company is likely to have increased its global sales volumes compared to the previous quarter. Also, Copart opened new stores in Germany. So $CPRT is ready for the next gap up.
Due to strategy, the buy long can be from the current price (104.82),
target profit — +$4 ($108.82)
stop-loss — -$4 ($100.82)
Risk/reward is 1:1, but correct strategy implementation implies more than 60% of profit trades. More about NYSE Earnings strategy: fondexx.com
More information: fondexx.com
Education: fondexx.com
How to get into our trading chat: fondexx.com
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
WCEHB: Breakout Downtrend Line plus Gap Up Thanks for following us.
Strategy: BreakoutDowntrend Line and Gap Up
Bias: Bullish . After finding the support at 0.345, price gapped up and breakout the downtrend line today with high volume. If momentum continue we shall see it challenge its previous high resistance at 0.400 soon. If the resistance could breakthrough then we shall see the price at its another high resistance at 0.440.
Resistance: 0.440, after immediate resistance of 0.400
Support: 0.345, after the gap up support area of 0.360-0.370
If you found this idea is useful, don't hesitate to like and comment! :)
Pinterest sideways move till earnings reportHi all,
There is no particular reason for PINS to make a move at this moment. In my opinion it just follows the market's trend and i am expecting it to accumulate on the upward channel till next earnings report. At this time i am expecting a gap up or gap down depending on the results. To be honest it's a very difficult trade but i think that since the market is doing well that they are not going to risk another bad quarter and they somehow show the results in a positive way and keep anything bad for another quarter.
AMRN - Could Be A MonsterAmarin popped up on my daily scans that are showing bullish momentum following an oversold condition & I do like the look of its daily chart. A gap up on November 12th which has since been held. A Golden Cross occurring around the same time as well. I have a few price targets noted on the chart based on the Fibonacci Extension tool.
What really interests me about this stock is the +32% short interest currently out on the stock. 1/3 of the 363 million outstanding shares are currently shorted. If this stock does continue its bullish momentum, then it is only a matter of time before the shorts have to cut loose. This thing can become a monster. I would definitely keep it on a watchlist at the very least.
SCHW - Looking Bullish Following Gap Up ConsolidationCharles Schwab gapped up back on November 21st, I believe that may have been related to the news that they were looking to buy TD Ameritrade. Since then, the stock has consolidated but managed to hold its gap level. The stock seems ready to exit an oversold condition while the RSI level held its 50 mark. The gap up in November has allowed a Golden Cross to occur on the daily chart as well.
I have some price targets noted on the chart. The green lines are standard Fibonacci levels (61.8% and 100% levels). The light blue line is based on a dynamic P&F chart but the price coincides closely with the Fibonacci Extension 50% level as well & I love when multiple analysis seems to corroborate each other. There is still some potential resistance until around $50.20 but if the stock price can break through that level there shouldn't be much built up resistance ahead.
$OLLI Set To Keep Climbing$OLLI had a big day yesterday, rising 15% on the back of strong Q3 numbers. $OLLI still has room to run as it is still down 32% off its 52-week highs. Here are the highlights from Q3:
Ollie's Bargain Outlet Holdings (NASDAQ:OLLI) is higher after comparable sales fall by 1.4% in Q3 to miss the consensus estimate for a 1.1% drop, but the company's top line and bottom line both came in ahead of expectations.
The company says margins improved slightly in the quarter as an increase in merchandise margin, partially offset by higher supply chain costs as a percentage of net sales
The retailer expects FY20 revenue of $1.419B to $1.43B vs. $1.43B and FY20 $1.95 to $2.00 vs. $1.99 consensus.
Ollie's also disclosed the hiring of John Swygert as CEO following the death of Mark Butler.
The day's high of $70.99 is the key number to watch. We must get above there for the all-clear to be in.
As always, use protective stops and trade with caution.
Good luck to all!