Traders, This is insane! My jaw literally dropped when I back-tested my new signal strategy. While I was playing around on the charts, as I do, with a couple of different indicators, by sheer chance I discovered a combination of indicators that I had never seen or heard any trader ever discuss. I had seen them discussed individually. But no one that I know has...
Analyzing the options chain and the chart patterns of LEN Lennar Corporation prior to the earnings report this week, I would consider purchasing the 185usd strike price Puts with an expiration date of 2024-10-4, for a premium of approximately $5.95. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
USDJYP Current trend is bearish There is no divergence Symmetrical Triangle continuation Pattern is present on the chart Waiting for the breakout. Trade Plan Entry Level 142.127 Stop Loss 143.862 TP1 140.392 TP2 138.657 Risk Reward TP1 1:1 TP2 1:2 ✅Like and subscribe to never miss a new idea!✅
Overall I am bullish on bitcoin but the PA is saying it’s not ready to start truly expanding higher yet. Looking for this TP and then a shift that will have us seeking new ATH.
Analyzing the options chain and the chart patterns of MRVL Marvell Technology prior to the earnings report this week, I would consider purchasing the 70usd strike price Calls with an expiration date of 2024-12-20, for a premium of approximately $9.45. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Analyzing the options chain and the chart patterns of DKS DICK'S Sporting Goods prior to the earnings report this week, I would consider purchasing the 240usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $24.35. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Wait until you see the Engulfig candle and enter after the candle closes
If you haven`t bought the dip on BABA: Now analyzing the options chain and the chart patterns of BABA Alibaba Group Holding Limited prior to the earnings report this week, I would consider purchasing the 85usd strike price Calls with an expiration date of 2024-9-20, for a premium of approximately $2.38. If these options prove to be profitable prior to the...
If you haven`t sold M before the previous earnings: Now analyzing the options chain and the chart patterns of M Macy's prior to the earnings report this week, I would consider purchasing the 17usd strike price Calls with an expiration date of 2024-8-30, for a premium of approximately $1.47. If these options prove to be profitable prior to the earnings release, I...
If you haven`t sold GOEV before the previous earnings: Now analyzing the options chain and the chart patterns of GOEV Canoo prior to the earnings report this week, I would consider purchasing the 2.50usd strike price Calls with an expiration date of 2025-2-21, for a premium of approximately $0.31. If these options prove to be profitable prior to the earnings...
Analyzing the options chain and the chart patterns of ZION Zions Bancorporation prior to the earnings report this week, I would consider purchasing the 45usd strike price Puts with an expiration date of 2024-8-16, 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.
Analyzing the options chain and the chart patterns of KODK Eastman Kodak Company prior to the earnings report this week, I would consider purchasing the 5usd strike price Calls with an expiration date of 2024-10-18, for a premium of approximately $0.55. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Cage Cycle Values: If the price is above 26.770 (Buy Point), the price target is 35.330, and if it is below 26.623 (Sell Point), the price target is 18.103. You can find the details of the Cage Cycle strategy attached. (MAKE SURE TO FOLLOW THE NEW TAKE PROFIT POINTS PUBLISHED AS TAKE PROFIT POINTS ARE INCREASED ACCORDING TO THE TRADING CYCLE) Long...
Gold prices continued to expand their gains thanks to safe-haven demand amid concerns over escalating tensions following the assassination of a Hamas leader in Iran. The war in Gaza and the deepening conflict in Lebanon have left the entire region in turmoil. In particular, the rise of this precious metal was further boosted when US Federal Reserve Chairman...
A drop below $2,380 could continue to attract buyers near the 50-day SMA, around $2,360-2,359. A break-down of the 50-day SMA would push the price towards the $2,350 support. The price could then continue to decline towards the 100-day SMA, around the $2,325-2,324 region. Further downside could see XAU/USD test the sub-$2,300 levels or the June 2024 low. On the...
If you haven`t bought AMD before the previous earnings: Now analyzing the options chain and the chart patterns of AMD Advanced Micro Devices prior to the earnings report this week, I would consider purchasing the 140usd strike price Calls with an expiration date of 2024-10-18, for a premium of approximately $13.90. If these options prove to be profitable prior...
Gold prices ended the US session and started the new day quite calmly compared to previous developments, trading around 2,400 USD after peaking on July 24 at 2,432 USD. Last night, the fluctuations after the release of the preliminary PMI report were not too significant. Besides, before the opening of the 5-year US government bond auction, gold prices increased...
Gold prices have formed a "Bullish Harami" pattern, but unfortunately cannot maintain the upward momentum and are currently struggling around the $2,400 mark. If it closes below this mark, gold prices will likely continue to decline. The RSI indicator is in the 40.0-60.0 zone and moving sideways, showing a balance between buying and selling power. If gold prices...