VRM Vroom Option Calls to Buy ahead of EarningsVRM earnings after the bell!
Looking at the VRM Vroom Inc. options chain, i would buy the $3 strike price calls with
2022-9-16 expiration date for about
$0.43 premium.
My ultima price target is for VRM to fill the gap at $4.5 - $5.13!
I`m extremely bullish on Vroom.
Looking forward to read your opinion about it.
Stocktowatch
SOFI - Post ER chart set upKey Levels:
- Key Level of 6.75
- If key level can hold support my next resistance target is 6.9 then 7.25 followed by a push to 8
- If key level cannot hold support my next bounce area is 6.55 near the daily 50ema
- Earnings Released with increased forecast and revenue numbers.
- Broke 7 in AH, looking for another break of 7 for more upside tomorrow.
- Small caps/growth stocks on fire right now, with ER out of the way we can see clear skies ahead for SOFI.
LT FOODS LIMITED( EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY)
LT FOODS LTD. with target of RS 94 CMP IS RS 90.55
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR RS 85
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
VRM 11X upside potential according to Bank of AmericaI`m back with a premium signal in my opinion!
Vroom, former Auto America, operates end-to-end ecommerce platform for buying, selling, transporting, reconditioning, pricing, financing, registering, and delivering vehicles in the United States.
On 2/3/2022 Bank of America Lowered the Price Target for Vroom, Inc. (VRM) from $65.00 to $30.00!
The stock is now $2.79!!!
12K calls expiring April 14 with a strike price of $5 for VRM!
BlackRock invested $193Mil in VRM at an average price of $41!!!
95.87% institutional ownership!
$350K insider buys this month!
3.18Bil revenue last year, Market Cap of only 382.57Mil!
I think a 3X from here is inevitable!
What is your opinion about it?
CYXTALL TIME HIGHS>> Looking to take a long on this one. Will look for possible continuation upside. Either want to see a week or two of consolidation. Or take a smaller entry with a stop at the low of day on the day i enter. Selling halfs on pushed then trailing with 21ema(faint red line)
(ONSE:RHIM) RHI Magnestia India Capital Cycle Play?RHIMagnestia India ltd earlier known as Orient Refractories Limited (ORL) is in the business of manufacturing and marketing special refractory products, systems
and services to the steel industry in India and Globally. It is a market leader for special refractories in India and has many global customers for its international quality products.
KEY POINTS
Revenue Breakup
Presently, the company earns 74% of its revenues from manufacturing of refractories and 22% from trading of refractory items.
Dependent Industries
Demand for refractory is primarily dependent on steel industry, which accounts for 75% of total sales. Refractory products are also used glass, cement, non-ferrous, petrochemicals, etc.
Manufacturing Facilities
The company has 2 manufacturing facilities located in Bhiwadi, Rajasthan and Tangi, Odisha for its manufacutring operations.
Capacity Expansion & Investment
In FY20, The company purchased certain assets of Manishri Refractories & Ceramics Pvt Ltd's plant situated at Cuttack, Odisha for ~44 crores. The plant has capacity of 10,000 tonnes of MGU bricks which will be increased to 18,000 tonnes post capex.
It also acquired 100% stake in Intermetal Engineers India Pvt Ltd for 10 crores for manufacturing of steel plant equipments which are exported to its customers in Gulf and African Region and caters to 400 plant customers in India.
Merger Scheme
The company proposed a merger scheme to merge RHIIndia and RHIClasil (promoter group entities) with the company.
The merger would issue ~4 crore equity shares to the shareholders of RHIIndia and RHIClasil which would have increased the equity capital of the company to 16 crores.
The scheme was rejected by the NCLT in March 2020. However, the NCLAT directed NCLT to approve the scheme without any delays January, 2021.
Acquisition by RHIMagnesita
RHIMagnesita acquired 43.6% stake in the company from the core shareholders in March, 2013.
It further acquired 26% stake through an open offer in April 2013.
RHIMagnesita is a global leader in refractories with largest number of manufacturing locations around the world.
Disc: Not invested as yet , might add a tracking position next week.
Apple AAPL Being Pressured By The Inflation Apple stock AAPL had a rough day of trading yesterday, just like the rest of the technology stocks being pressured by the surging inflation data. Apple stock AAPL ended the trading session lower by 2.4% at $172, the dip was more substantial than that of the S&P 500 that declined 1.8%.
Still, from a seasonality perspective, Apple stock tends to produce its best few months of gains right around this time of the year. March and April rank among some of the best months, while February has historically been a bit weak for AAPL.
Apple stock AAPL could fall back slightly to test the lower boundary of the potential symmetrical triangle's lower boundary at $168 which would create a room for a buying opportunity at this demand region, then bulls could push prices to the upside testing $174 resistance.
A BULLISH MOVE IS BEING EXPECTED IN CARERATINGCARERATING seems to look positive on the chart, currently at around 615.
It is being expected that the stock can initially face a Resistance at around the levels of 651, 678 and 720. Whereas on the downside levels, it can face a support at around the level of 602 on a closing basis.
Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
SEAMEC LTD ( EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK FOR EDUCATIONAL PURPOSE ONLY
WATCH SEAMEC LTD with target of RS 1190 CMP IS RS 1129.35
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ RS 1005
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
indian terrain fashion - Short term to Mid term swing The stock range was 25-40 for a year, Recently Range has shifted with a volume candle in the monthly time frame which is a clear breakout and we must add this stock in our mid-term holding.
Buying range was 40-45
Add more at 30 if the price correct
SL: 20
Target: 75/118/140
Midterm holding
Swing Trading Idea Ashok Leyland 1to 3 monthsSwing Trading Idea Ashok Leyland 1 to 3 months
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Why we have 45% profit on Tesla?We gave a breakout level of $700 back on June 24. There was a strong push and it was being tested. Half of August passed with a fix, but later we pulled out of the trade because the price wasn't going up, there were small volumes. The opportunity to re-enter again came a week later, on August 23. Then the price consolidated well and we were waiting for growth.
As you can see on the chart, the price periodically stops and "trades through". Thanks to this we can understand where we have stopped, when we can increase the volume or when it is time to exit the trade.
The technique to together with good fundamentals has brought us to $1,000 per share, successfully winning back to the long side. Watch for the following idea of when to expect a correction and where a bounce is expected to come from.
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KNR CONSTRUCTIONS SWING TRADING IDEAKNR CONSTRUCTIONS SWING TRADING IDEA
Buy on CMP or Lower than CMP if it comes down
Stop loss is below 280
Target is 332 to 345
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Tesla Can Fall - Pattern Completion Is Near $TSLATraders, TESLA can fall as we are reaching a supply zone, FCP (Fibonacci Confluence Pattern) zone and completion of a W pattern. There are 2 zones that we should be watching.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Google Shares Can Fall From Parabolic MoveTraders,
Google (Alphabet) had one the best runs since covid-19 crash last year. The move has just been nothing short of the best parabolic one in any stock in recent times. However it may be about to change. For the first time, Google price action has started to show sign of a correction.
And we know that when a parabolic moves corrects it usually is a quick one too. 😃
Both charts and algos are telling the same story. So this is something I will be watching next week as it may start a new domino effect and lead us into a great profitable short opportunities.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Watching for buys(TWTR)Right now TWTR is resting at a Fibonacci support but may break through. I believe its current price(62) and the support below it(60) are key zones to watch. We are seeing some signs on the 4h that TWTR may bounce off of its current support but it is best to wait for daily bull signals.
FXCM USBANKS Basket Hourly Rally in Longer-Term WeaknessFXCM's USBANKS basket is in the bearish area on the daily chart on the left. The basket is an equal weighting (20% each) of JPM, BAC, WFC and C. A bearish cross of the EMAs and stochastic potentially align short-term traders with the daily. If signals occur, movement of stochastic to 20 level and maintenance of that level increase the chances of a successful trade. Trend following indicators may be useful in this case as a potential exit tool. Stop above hourly high in conjunction with risk management techniques.