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Preearnings

ORCL a preearnings SHORT TRADEORCL rose from its prior earnings which were not impressive. On the 180 minute chart, price ascended to the second upper anchored VWAP band and dropped to the mean VWAP band line in a standard Fibonacci retracement. Finally it turned upside and ascended to the first anchored VWAP line. The POC line of the immediate volume profile of the past two months is 113.9 and price is currently below it. RSI lines are near the 50 line and the green faster line is below the red slower line. The predictive modeling algo shows a forecasted regression line moving down on the approach to the earnings report after market close on March 11th. My target on this short trade is 101 being the pivot low at the prior earnings of December. This represents 10% downside. Accordingly, this is a one to three day trade covering the earnings period and after seeking 10% in quick profit. The stop loss is set at 114 above the near term POC line.
NYSE:ORCL
by AwesomeAvani
FSR is driving to its earnings LONGFSR is shown here on a 30 minute chart on the move up in the approach to earnings on February 29th. For comparison purposes only TSLA is shown sideways with the purple line. FSR has started a VWAP band breakout into the area of the mean anchored VWAP where it could pick up institutionally based trader interest. The growing volumes of trading are obvious and lend further support to taking a position. I will long long here with both shares and options as a pre-earnings play. The call options for mid-March are $ 6.00 per contract.
FLong
by AwesomeAvani
8
CCO dips then rises ahead of earnings LONGClear channels is in the TV network subscription package and distribution business; It's earnings approach on Monday Feb 26th. On the 15 minute chart, in the past week it dipped to pick up buying interest and then responded with a good rise into the finish of the trading week. On the chart are various signs of bullish momentum including buying volume spikes, golden crosses of the pair of Hull Moving Averages, the confirmatory reversal of the Price Volume Trend and a squeeze release on that indicator. I will take a long trade here. The strike $ 2.00 for March 15th did 300% on Friday the 23th. I picked up some at $10 per contract. ( If you wonder what screener & its setting I used to find CCO, like this idea and send me a private message please)
NYSE:CCOLong
by AwesomeAvani
Lemonade heads to earnings LONGLMND has upcoming earnings. On the 15 minute chart, price has gained 12% in the past two weeks. Typically, LMND beats estimates and experiences a surge from the earnings report. The chart shows a good trend up albeit with corrections along the way where the bears attempt to take a stand. This is an ascending channel with price currently in the middle of the channel's invisible histograms. The more shorts give up their positions and buy to cover, the further they contribute to the large trend. I will take a long position here for about a month through earnings. The potential profit that seems likely is well worth the risk on balance.
NYSE:LMND
by AwesomeAvani
2
CARA a Biotech Pennys Stock with earnings coming LONGCARA is here on a 15 minute chart. The earnings report is due March 4th. The price action is already demonstrative of bullish momentum. CARA rose 60% this past week. It is still on sale at 95% off its all time high. Spiking buying volume, and so an upgoing Price Vulme Trend and squeeze release triggers on lower time frames all have CARA moving well prior to earnings. I see this as a long trade setup quite well. The available option contract on a thin-chain for strike 2.5 on March 15 added 20% on Friday. I will pass on any options contracts as the thin volume is a higher-than-acceptable risk. I will be more than happy with another 60% price rise in the upcoming week and it could be more.
NASDAQ:CARALong
by AwesomeAvani
RZLT Biotechnology Penny Stock Reports in the next day LONGRZLT is a biotechnology company which has products in clinical development. Many are aware that means rigorous clinical trials before an FDA approval and a product line that generates earnings. Stock price is more about growth and potential more than anything else. That said the chart looks good and I sense there is momentum heading into earnings in the next day so this is a buy for me. I can see that price broke above a recent supply/resistance zone. This penny stock likely cannot be shorted so there is no selling pressure to be exerted until present longs have found their target. This can add to the momentum without the drag of that short selling. A penny here and a penny there it all adds up over time especially with compounding in active trading with penny stocks that have great range.
NASDAQ:RZLTLong
by AwesomeAvani
2
AVGO Chipmaker in an ascending channel SHORTOn a 30-minute chart, like several other computer chip manufactures has approached or reached a near-term top. Overall Broadcom has gained 19% YTD. Earnings are in about two weeks. I see this as a short trade to follow AVGO from the top of the channel down to about 1225 in time to catch earnings at the bottom of the channel to end the swing trade and instead go long from there. I intend to close the trade two days before earnings and flip sides hunting the beat on the earnings.
NASDAQ:AVGOShort
by AwesomeAvani
HUBS - running since the big earnings beat in NovemberHUBS on the 3 0 minute chart has been trending up since the last earnings. It is above the high volume area of the volume profile. Basically it is so trong it is not attracting any short sellers. Waves of new buyers buy from the float or from those who are collecting their profits and making room for others. I got a share as a test with the dip the first week of January and another today. I see this as intermediate term swing trade. If earnings is a huge beat again, I will get a third share when I see a dip or fade and then another before the next earnings. Options can be played for those with large risk capital on the sidelines. Seemingly, although HUBS does not get headlines a great gain is a reasonable potential.
NYSE:HUBSLong
by AwesomeAvani
HE - get it long before the sparks flyHE is obviously an underdog given what happened in Maui and the aftermath of the disaster. It has that baggage and the ankle weights of litigation public perceptions, electical power infrastructure and all the rest. Seemingly it is weathering the storm. The 15 minute chart shows a ranging price action really going no where until last Friday when volatility struck from a surge of volume. Price jumped out of the high volume area and volume has persisted and so the high volume area widened. The fast RSI in green moved in quick momentum as compared with the slower RSI in red. This is a golden cross of the lines showing a surge of strength. I will take this long. The earnings announce BMO. The make the past possible trade it must be done in the premarket and without a stop loss since my broker does not offer them in the premarket. An options trade will be after earnings depending on what is reported. This is a risky trade so the position will be small relative to buying power.
NYSE:HELong
by AwesomeAvani
CTRM Jumps Today Reports in the MorningOn the 15-minute chart, I see CTRM as being well-positioned among traders for high volatility on the report of earnings. The pump today has printed a tight flag pattern with consolidation this afternoon. If earnings are okay or even better I see this penny stock making another 10-15% move just like today. If on the other hand, if there is a miss, a drop of 5-8 % as a retracement could easily unfold ! The meat of the matter, is reading the price action and volumes in the premarket and preparedness overall. Stop loss 0.497 below the Doji candle. First target 10% second 15%
NASDAQ:CTRMLong
by AwesomeAvani
AADI - NASDAQ PENNY Biotech pre-earnings LONGAADI has earnings in two day. On the 30 minute chart, it is significantly below the highs of May and June where it was in a wide ranged consolidation. After that in July price trended down along the support of the second lower VWAP line into a reversal on August 1 shich also ascended the VWAP lines. Upcoming earnings are in two days on the 9th. Prior two earning reports lightly beat the top and bottom lines. This small biotechnology company is making money unlike many of its cash-burning peers. The zero-lag MAC shows a line cross under the histogram which flipped red to green as the lines rise. With this confirmation, I will take a long trade into the earnings. There is no alternative in a call option in this case. From the chart, targets are 6.9, 6.9, and 8.0 over a stop loss of 5.45. I expect this trade to be finished in 4 days or less.
NASDAQ:AADILong
by AwesomeAvani
1
MRNA a medical Technology Stock LONG MRNA is a medical technology company. It is in the vaccine sector and competes ( well) with NVAX and PFE among others. Earnings are upcoming on 8/3 in about a week. On the 30 minute chart it appears to be in a descending wedge pattern which is typically a bottoming with a breakout over and beyond the descending trendline. The relative trend indicator shows the downtrend to be a slow grinding type trend with some minor corrections along the way. As might be expected the RS lines are low in the indicator's channel. I see this as a setup for a pre-earnings play with the expectation that MRNA could breakout above the resistance trend line and move toward the horizontal resistance of the triple top earlier in mid-July. I see medical stocks as a good alternative to technology stocks that may be overextended and stressed by the current financial chaos pressuring the markets. Another approach is a two call options targeting $ 125 expiring 8/11 and running the first until 100% profit or 8/2, the day before the expiration whichever comes first and letting the other run through earnings into the middle of the following week at 8/9. I always like to cut these short of expiration by a few days to diminish the effects of time decay.
NASDAQ:MRNA
by AwesomeAvani
2
UAL United Airlines Pre Earnings LONGUAL has been in a persistent trend up for a couple of months after great earnings were reported in early May with another due on July 19th. The airports have been quite busy with vacation travel and UAL has been part of that action. On the 1H chart, price has been supported by the mean VWAP and has oscillated to the one standard deviation line above that. I see a target as 56.80 where the the second deviation lines above the mean aVWAP while placing a stop loss just under the blue line of one STD above VWAP. The price is below the POC line of the volume profile which should act as a magnet pulling the price higher. The MACD indicator shows 4 the lines in parallel and above the zero horizontal line with a positive histogram. The relative volatility indicator shows sufficient volatility to support momentum trading. I will take a long trade going into earnings. I will do this with ten call options contracts with a strike at $57 expiring on July 21st. On the last trading day, this contract had a low of $ 0.95 and a high of $1.32 for a range of 35% in a single day. I expect similar price action as the earnings date approaches. I expect to pay about $1320 for ten contracts and the profit expectation is 100% over the next 10 trading days.
NASDAQ:UALLong
by AwesomeAvani
2
Preparing for Earnings Season: ESPRStocks that are reporting earnings in 3 to 4 weeks can be monitored for pre-earnings runs. ESPR had momentum runs recently, as marked by the candlestick patterns within the green rectangles in this chart. A shift of sentiment can be seen in the bottoming pattern with Accumulation/Distribution indicators (the area between the blue rectangles). Often, when an earnings report is going to be great, then the company tries to leak it out subtly. IF earnings were to be negative or below expectations, then CEOs would be warning. No need to go looking for analyst recommendations, everything you need is in the charts. Focusing on the charts, rather than on the commentary around the market, will help you find the stocks that will be lucrative for trading this earnings season.
NASDAQ:ESPRLong
by MarthaStokesCMT-TechniTrader
$108 By Wednesday Resistance is being tested as shown by the Kurotoga Cloud. RSI is a low 37.01 indicating that the stock is under bought ahead of earnings. MACD shows weakening bullish divergence on the 45min candlestick chart, but the 3x confirm shows room for growth. This is another publication where technicals are thrown out the window due to earnings, but with ABBV being a big pharma company and a history of beating earnings, I feel comfortable with my call for $104 by the end of February. With an earnings beat, expect to see the stock price hit a minimum of $108 by Wednesday and possibly $112 by the end of the week based off of previous candlestick trends.
NYSE:ABBVLong
by Myantman101
2