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ZM ZOOM Possible Long entry targeting 2-3X closed at 99.5It may takes sometime! but compared by others ZM had different bullish RSI for a while and MFI at low levels too. bearish daily close on Friday and can go down even to 94.5-86.4-81.6-73.8 or lower which shall be good spots for long term target but again its earning move so if earning better than expected this could lead for strong bounce even for short squeez targeting 136--149-181 and if earning missed up then it will speeds falling to new bottom . So the idea is Bull long call with put protection. could be strangle too . will take this trade by next week with updated options strikes . if earning is soo good its possible close up all higher gaps with initial target between 247-273 . note this stock is falling from 588
NASDAQ:ZMLong
by WinnerTrader99
$WMS - OVERSOLD BEFORE EARNINGSWith remote work on the increase, people are upgrading their home furniture and living conditions more than ever before. A company like Williams-Sonoma will feel the benefit of this changing trend in living styles. Increased demand should allow furniture retailers to counter-act rising material costs by raising prices. Adding to this point, the housing market has remained strong. People need to buy furniture more than ever. WMS earnings are released Wednesday, March 16th after the bell. Quote from Pragya Pandey's Stock News article below: "WSM is an omnichannel specialty retailer of multiple products for the home. It also supplies cooking, dining, and entertaining products such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor furniture, and a library of cookbooks under the Williams Sonoma brand, along with home furnishings and decorative accessories under the Williams Sonoma Home brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand. Last month, Pottery Barn Kids and Pottery Barn Teen, members of WSM, announced new collections with the famous resort wear brand Lilly Pulitzer. The ‘Lilly Pulitzer x Pottery Barn Kids’ and ‘Lilly Pulitzer x Pottery Barn Teen’ collections launched new product categories to the partnership, including décor, textiles, sleepwear, backpacks, and water bottles in Lilly Pulitzer’s signature prints. Jennifer Kellor, President, Pottery Barn Kids, and Pottery Barn Teen, stated that “Our collaboration with Lilly Pulitzer is the result of coming together as brands who value incredible design with exceptional quality,” Also, in January, WSM announced its collaboration with Black Artists + Designers Guild (BADG), a global organization committed to developing a more equitable and overall creative culture through the improvement of independent Black makers. The new collaboration between Pottery and Barn and BADG comprises products designed for entertaining, hosting, and gathering."
NYSE:WSMLong
by jaykenneyTRT
Bullish Outlook on TripsThere’s not much historical data on TradingView so I drew a rough line to show the price from when it bottomed out around the end of January this year. Overall, there’s not a lot of data to go on, but I’ve tried to make as many clear observations as possible. From the bottom, a supply trend line has formed with four major bounces from it. Currently, it seems like a period off consolidation from mid-April and getting closer to the supply line. Given the news that Simon Lehmann bought Trips recently, with anticipation that others will follow (and of course being in a period of bullish trends across the entire Crypto field), I’d expect the price to be maintained above the supply line with a strong bounce off it in the coming days/weeks. A dotted orange line shows the previous Dec .20 ATH that could act as resistance, but if the price breaks above this, we could see prices going very bullish. So keep an eye on this line and the supply line as critical points of price action. A recent high end of March acted as support as illustrated by the dashed yellow line. If you were to enter now with this as your stop-loss position and Dec ’20 ATH as your take-profit, the risk to reward ratio would be 3:1 - not a bad trade at all. As this is my first ever idea post, please remember to give a like so I can increase my reputation points. Thanks!
TLong
by t12ung
3