Earnings is very close so that could skew the effect of the pattern but wanted to share the head and shoulders pattern I spotted on this ticker.
Our signals have alerted us that we have a $7+ price target. Let's see what happens here. Earnings is today so let's hope for some positive updates.
Unlike the other C&H's I've found, OXY is the most iffy. The uptrend is not super definitive. Everything else looks great. The uptrend has me wondering the legitimacy of it but I went ahead and picked up some options, small position though. Let's see what happens here. Target is $39 if the formation is indeed legit. See our previous Cup and Handle...
Target price for SDGR cup and handle is $140. Good way to go from here. I've picked up a decent amount. Wish I could grab more but still waiting for AAPL cup and handle to run up.
Looks pretty solid but uptrend is somewhat iffy so I only picked up a small position. Target is $29. With XL pipeline shutdown thanks to biden, we could see oil prices spike so a run up in OXY makes sense.
Laid out the info on SDGR cup and handle forming. After handle forms, it needs to close above $98 to complete the pattern. See my previous cup and handle calls! Follow me for more setups. Apple is our latest cup and handle call, completed the handle on 01/23/21. We are heavily invested in that one.
NYSE:CLX I'm in with a few call options here on this ticker. Good solid company on top of the signals! Will be out at $223
NYSE:BABA According to our custom signal system BABA is going to hit $299. I'm in it with an option spread. If it dips I'll buy back my 'call sell' and finish with a naked call to profit on both ends.
Appears that Apple has a cup and handle forming and the handle is about to finish if it can close above $138. Watching close. Have a small position and will load up if it completes.
ACAD is in the final stages of forming the handle on this cup and handle potential. Needs to close above $57.20 then off to the races. Anyone else gonna join in once this completes?
Why is it a buy? As I stated in a previous post, I spotted a Cup & Handle forming in BOOT. In my opinion, the formation in BOOT is a complete...though the handle looks a little wonky lol. Who else is in BOOT? NYSE:BOOT
NYSE:BOOT Wow, another C&H pattern setting up and it is near completion! Needs to close around $30.50ish to complete and it needs to complete in the next 5 days or so imo. Follow me for more setups. I'm not in this one yet but I'll be hopping in if it completes.
...but it's a little pricey. Not for everyone. Target price is $1,350.35 technicals are looking decent here imo. Let's see what happens here. I do love this ticker NYSE:CMG
How should I play this one? I plan to buy an option spread. Spreads can lessen your risk exposure, and give you an opportunity to make money on both ends. If there is any significant dip before/after earnings, I'll buy my "call sell" back and ride my call up. If it hits the target beforehand then we are golden. Will be buying in tomorrow. $COST NASDAQ:COST
NYSE:D Not currently in this one yet, but watching closely to see if a handle starts to form. Let's hope it completes
NASDAQ:BYND ...but it has moved $33 per share since then. Cashed in on this big winner today. Will revisit again. The call was at $123 and it hit $158.60 today. My calls just keep working. some just take some patience.
#SPCE $SPCE $19.23 is the target. Looks like this could be bottoming out. It is heavily shorted so let's see if we can squeeze em. We are ready with our long call options and will accumulate
NASDAQ:SDGR Our proprietary alerts are telling us that we should see a rebound up to $98.90, also a signal at $93.46 I'm in and ready to buy more options on any dips. Let's go! I'm pumped about this one.