$EYE Dec. putBought Dec. 15th $20 put for $2.30
My break-even is $17.7
This is a very weak stock and I think the market will have a correction soon.
EYE trade ideas
EYE double bottom on weekly -- significant upside next!EYE just did a double bottom on the weekly chart -- the probability of significant reversal to the upside is very high.
Spotted at 21.00.
Net buying / accumulation has been spotted. Volume has significantly increased the last few days vs. it's average.
EYE has always beat consensus estimate vs recorded EPS.
Here are some fundamental data for reference:
Date Quarter Consensus Estimate Reported EPS Beat/Miss GAAP EPS Revenue Estimate Actual Revenue Call Transcript
5/9/2023
(Estimated)
3/1/2023 Q4 2022 ($0.11) ($0.11) ($0.10) $471.61 million $468.93 million
11/10/2022 Q3 2022 $0.04 $0.12 +$0.08 $0.09 $499.85 million $499.21 million
8/11/2022 Q2 2022 $0.05 $0.16 +$0.11 $0.20 $500.67 million $509.60 million
5/10/2022 Q1 2022 $0.23 $0.29 +$0.06 $0.24 $538.38 million $527.70 million
2/28/2022 Q4 2021 ($0.06) $0.12 +$0.18 $0.17 $457.47 million $477.90 million
EYE: Breakout Confirmed, 22.2% Potential Profit!Description: EYE is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $48.9 - $51.4
2. Take profit: $61.69
3. Stop Loss: $48.08
4. Risk To Reward: 1 / 4
5. Accuracy Rating: 93%
EYE, Aroon Indicator entered an Uptrend on November 16, 2020.Over the last three days, Tickeron's A.I.dvisor has detected that EYE's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. Tickeron's A.I.dvisor backtested this indicator and found 149 similar cases, 139 of which were successful. Based on this data, the odds of success are 90%. Current price $42.09 is above $41.07 the highest support line found by Tickeron A.I. Throughout the month of 10/15/20 - 11/16/20, the price experienced a +4% Uptrend, while the week of 11/09/20 - 11/16/20 shows a -11% Downtrend.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2020. You may want to consider a long position or call options on EYE as a result. Tickeron A.I. detected that in 39 of 51 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 76%.
Following a +6.35% 3-day Advance, the price is estimated to grow further. Considering data from situations where EYE advanced for three days, in 158 of 198 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 139 of 149 cases where EYE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
