$GIIIOver 200% QOQ EPS growth and 40%+ Sales growth , once can notice RS going sides ways while the nasdaq going lower .
GIII trade ideas
$GIII resting and basing on 50EMA after 1st leg upPausing above 50 EMA before next climb up imo. Waiting for a move above the base to add. DYDD.
GIII Apparel Group Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GIII Apparel Group prior to the earnings report this week,
I would consider purchasing the 17.50usd strike price Puts with
an expiration date of 2023-12-15,
for a premium of approximately $1.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
GIII - Large Symmetrical Triangle GIII can be seen to be forming this large triangle structure with its strong up trend and upper resistance
This will likely result in a double bottom and a breakout above the structure which I have tried to show with bars pattern tool.
Support reached & above trendI'm gonna hold off for now, but will keep an eye on it to see if it climbs to the next support.
Long term trend line for GIII?Looks like the BVPS line is giving solid support and good points of entry for over 10 years!
Survivor of the biggest point drop In History #3 (GIII)The price is rising with authority and breaking the resistance zones that I signaled in the chart.
And the past volatility put the picture in a pullback that is testing a new support that was resistance
The image is clear. I not try to be persuasive with technical arguments
Sept 22.5 calls active as breakout loomsITM call buying is bullish. What's short interest in this name?
GIII- Flag formation continuation Long from $25.83 to $35.87GIII seems forming a flag formation. Moneyflow crossed to the positive side.
Interesting insider info- CEO as been a long time seller of his stock but has recently bought a bunch which is the first purchase since 2011. We think it will continue its flag formation & can go up to $36 area.
* Trade Criteria *
Date First Found- June 7, 2017
Pattern/Why- Flag formation continuation.
Entry Target Criteria- Break of $25.83
Exit Target Criteria- $35.87
Stop Loss Criteria- $21.77
Please check back for Trade updates. (Note: Trade update is little delayed here.)
