If you haven`t sold STT before the previous earnings: Then analyzing the options chain and the chart patterns of STT State Street Corporation prior to the earnings report this week, I would consider purchasing the 72.50usd strike price Puts with an expiration date of 2024-4-19, for a premium of approximately $0.90. If these options prove to be profitable prior...
Analyzing the options chain of STT State Street Corporation prior to the earnings report this week, I would consider purchasing the 75usd strike price Puts with an expiration date of 7/21/2023, for a premium of approximately $1.75. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read...
The trend for $STT stock appears bullish as it approaches the resistance level of $100. The stock has been consistently trading above the support level of $88, providing further confidence in the bullish trend. It's important to monitor the stock's performance at the $100 resistance level and evaluate potential entry and exit points. Keep an eye on the volume and...
As we can see in this graph, STT stock seems to be following a bearish pattern (orange lines). It just hit the and bounced on the bottom line, so we can take advantage of the movement with a long position. Starting from the bottom, in green we highlighted 3 signals: -STOCHASTIC: even if it still is in the oversold area, we can see that the signal line has just...
Using our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Long 5th Wave Swing Trading Opportunity for STT on the Daily time frame . The 5th wave move in an elliottwave sequence is the highest probability move. The catalyst for the current wave 4, profit taking, pullback was Earnings and it does seem to have found...
STT continues to move upward after completing a short-term bottom. The action is frequently Professional Trader driven.
Wait for daily close above the yellow neckline, or a retest of the top of said neckline. Would prefer higher volume on the breakout, but there does seem to be volume correlation around the left shoulder and head. If the breakout holds, immediate target would be ~$72
This is a short term trade in AUDCHF, after breaking the descending trendline, we believe that momentum would likely continue to the upside, therefore we will be buyers if price moves to the 0.68639 level.
Time to see if supports hold or not and then time to play the bounce.
State Street Corporation is a financial holding company. The Company operates through two lines of business: Investment Servicing and Investment Management. We are waiting for new peaks from this paper. Be careful in case of consolidation of the price near the upper border of the trend (the upper green line). P/E 18.09 Forward P/E 12.64 Open 106.61 SL 104.51 TP...