GOOS Canada Goose Holdings Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GOOS Canada Goose Holdings prior to the earnings report this week,
I would consider purchasing the 12usd strike price at the money Calls with
an expiration date of 2024-2-2,
for a premium of approximately $1.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
GOOS
GOOS FLYGOOS recent price movement tells us buyers are in control as we are hammering into the $40 resistance level with ascending triangle pattern, MACD seems to be relatively silent for a while and RSI in positive range; earnings tomorrow and let's see the market's reaction.
If GOOS breakout from $40 with solid volume, I consider going long according to the chart.
Not investment advice, for personal use only
NEW POSITION $GOOS Target 49.87 for 31.24% $GOOS Target 49.87 for 31.24%
Or double position at 26.13
I did add one extra buy level here because it's such a big range...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
GOOS stock price march towards 36$~42$I'm thirst for GOOS stock below 30$.
It's better that GOOS fall below 30$, I'll buy more GOOS.
GOOS stock price seems like hardly being cheap, so buying GOOS within 32$~31$ is OK.
Safe long price: 30.67 / 29.93 / 29.6 / 28.81
Stop-Loss price : 28.61
stock analysis by Jiucai334
13 Jan 2021
GOOS, Aroon Indicator entered an Uptrend on Sep 23, 2020.Over the last three days, Tickeron A.I.dvisor has detected that GOOS's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. Tickeron A.I.dvisor backtested this indicator and found 195 similar cases, 168 of which were successful. Based on this data, the odds of success are 86%. Current price $28.63 crossed the support line at $23.44 and is trading between $30.39 support and $23.44 support lines. Throughout the month of 08/21/20 - 09/23/20, the price experienced a +28% Uptrend. During the week of 09/16/20 - 09/23/20, the stock enjoyed a +2% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GOOS just turned positive on August 25, 2020. Looking at past instances where GOOS's MACD turned positive, the stock continued to rise in 29 of 35 cases over the following month. The odds of a continued upward trend are 83%.
GOOS moved above its 50-day Moving Average on August 24, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for GOOS crossed bullishly above the 50-day moving average on August 14, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 10 of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 77%.
Following a +3.44% 3-day Advance, the price is estimated to grow further. Considering data from situations where GOOS advanced for three days, in 196 of 241 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 168 of 195 cases where GOOS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 86%.
$GOOS Neutral Wave 4 Correction, Long Primary Wave 5$GOOS is in it’s Cycle Wave III. It just completed Primary Wave 3, which means we have a corrective wave 4 over the next few weeks. This could be a good time to accumulate and there may not be dramatic change in price. You will want to have a nice position for when Primary Wave 5 begins. My ultimate price target is $36 by end of year.
Buy zone should be $28 - 28.75
Stop Loss should be $27.25- 27.50.
I will update for the details of corrective wave 4 and also for the beginning of Wave 5.
Good Luck.
$GOOS Canada Goose - Winter is Coming$GOOS Canada Goose - Winter is Coming
People are going to need high quality winter jackets to stay warm this winter while continuing to socialize and dine outdoors.
Breakout and successful retest this week. Expecting a near term continuation move.
Target: $32-$34 range by mid-Oct
GOOS poised for upsideNYSE:GOOS
I think using FA, GOOS is definitely way overpriced and with uncertain prospects, but both TA and FA show positive in the coming short-run Q3 18 - Q4 18 period - price target of $10-$15 dollars upside.
A few FA forces are in place now:
Pre-Winter earnings Q3 18
NAFTA agreement (very unlikely for anything long-term to be strike without Canada
Continuing Chinese demand for the upcoming cycle
TA wise:
Inverse H&A seems to be fully formed for an upward breakout
RSI still within range, not oversold despite the upward movements over last two waves
MACD shows potential positive momentum
However, I also note a gap from the 2Q18 earnings boom, there is a risk of downward pressure up to $45 to fill the gap