DE is another high risk option play. It seems forming a inverse fallen angel or bump & run formation. Moneyflow has strong negative divergence. We think it has good downside potential with earnings. To play this we would look for $122 August Puts currently $1.81 * Trade Criteria * Date First Found- August 17, 2017 Pattern/Why- Earnings Play (High Risk Trade);...
AMAT seems very good earnings play on the down side. It has good amount of insider selling. On the technical side it seems breaking down from an upward channel, and also looks like its forming a double top. Overall it seems it has good chance to decline with the earnings. To play this we would look for $42 August 18th or 25th Puts currently $0.60 and $0.76 *...
AMSC looking very interesting. It looking a strong fallen angel formation. It seems rock bottomed & now getting some strength. It also has strong insider buying. We think it has longterm upside potential. * Trade Criteria * Date First Found- August 16, 2017 Pattern/Why- Fallen angel Entry Target Criteria- Break of $3.58 Exit Target Criteria- Momentum Stop...
CLMT seems forming very good fallen angel formation. After a huge downward move not its scooping up & had some upward move. It has strong insider buying, We think it can go higher forming a flag formation here. * Trade Criteria * Date First Found- August 16, 2017 Pattern/Why- Fallen angel Entry Target Criteria- consider pullback to 5.80-5.87 area or...
KAR seems breaking out of a downward channel in short term & also looks like a nice flag formation. Moneyflow is heading strong to the upside. We think it has good upside potential * Trade Criteria * Date First Found- August 15, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $44.43 Exit Target Criteria- $47.93 Stop Loss Criteria-N/A Please...
RRC looks very interesting as long from current label to $19 support area . We will watch this time if it can form a bump & run formation. * Trade Criteria * Date First Found- August 15, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of $17.83 Exit Target Criteria- 1st Target $18.93 Stop Loss Criteria- $17.33 Please check back for...
RRC looks very interesting as long from current label to $19 support area. We will watch this time if it can form a bump & run formation. * Trade Criteria * Date First Found- August 15, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of $17.83 Exit Target Criteria- 1st Target $18.93 Stop Loss Criteria- $17.33 Please check back for...
WMT is potential earnings play. Its looking choppy in the top & seems forming a H&S formation. Moneyflow is getting weaker. It also has some insider selling. We think it has good downside potential with earnings. To play this We would look at $79.50 August Puts, currently $0.87. * Trade Criteria * Date First Found- August 15, 2017 Pattern/Why- Earnings Play;...
A reporting after market today, and it seems very interesting as a option play. It is breaking down from an upward channel & long term support. It also has insider selling, and strong moneyflow divergence. We think it has very good chance to decline with the earnings. We would Look at $57.5 and $60 August Puts, currently $0.55/$1.62 * Trade Criteria * Date...
PTC seems breaking down forming a H&S formation. However if H&S formation breaks down, in the long term it could breaks its Upward Channel formation, So it has very good downside potential. * Trade Criteria * Date First Found- August 11, 2017 Pattern/Why- Long term upward channel Entry Target Criteria- Break of $51.87 Exit Target Criteria- 1st Target...
PLXS seems breaking down from an upward channel formation. Moneyflow is diverging. We think it has good down side potential. * Trade Criteria * Date First Found- August 8, 2017 Pattern/Why- upward channel breakdown Entry Target Criteria- Break of $51.97 Exit Target Criteria- Momentum Stop Loss Criteria- N/A Please check back for Trade updates. (Note:...
BLDR was in our watch list from quite a while & now it seems getting ready for a decline. It seems breaking down from a double top formation, retested & now rolling over ahead of earnings. Moneyflow is dropped. It also has good insider selling, and weak financial ratios. We think it has good chance of Decline with the earnings, which is after market today. We...
W seems very good potential earnings play. It hasBig insider selling and weekly options available. Would consider weekly or monthly August $75 puts if we break 73.07. Possible target of 66.00. $70 November puts for possible longer term play.
Good percentage based insider selling. October $45.00 Puts are $4.40 or would look at $50 August Puts (currently $4.31) for shorter term play. Short term target is $40 range with longer term target of $32 based on weekly chart.
Possible Earnings Play. Insider selling as well as a break down with possible H&S. Reports after market Thursday August 3rd. * Trade Criteria * Date First Found- August 2, 2017 Pattern/Why- Possible H&S, Option play on earnings Entry Target Criteria- Would look at $145 September Puts - Currently 10.10 Please check back for Trade updates. (Note: Trade update...
Possible H&S on GLD. We would consider $121 October Puts, which last traded for $2.41 , * Trade Criteria * Date First Found- August 2, 2017 Pattern/Why- Possible H&S Entry Target Criteria- We would consider $121 October Puts, currently $2.41 Exit Target Criteria- 1st Target $115.73 2nd Target $114 Stop Loss Criteria- $122.33 Please check back for Trade...
TCMD seems breaking down from an Upward channel, It has Strong Insider selling, Financial ratios are very poor as it has huge 402 E/P & forward P/E 127.7 Looks good for short setup at current price * Trade Criteria * Date First Found- August 2, 2017 Pattern/Why- Upward channel breakdown Entry Target Criteria- Break of $28.49 (Current price) Exit Target...
ASNA seems breaking out forming a possible bump & run formation here with strong moneyflow index. We think it has good upside potential. * Trade Criteria * Date First Found- August 2, 2017 Pattern/Why- possible bump & run formation Entry Target Criteria- Break of $2.73 Exit Target Criteria- $3.47 Stop Loss Criteria- $2.53 Please check back for Trade...