I see 2 ways: 1) Cup and handle to 300$ 2) Downtrend waves 1-3-5 Anyway, it can take +5% until earnings
8-K form from 23/02/21: “Macy’s, Inc.’s fourth quarter results exceeded our expectations across all three of our brands, as we showed continued quarter-to-quarter sales performance improvements and returned to profitability,” said Jeff Gennette, chairman and chief executive officer. “Performance was driven by the home, beauty, jewelry and watch categories, growth...
Going up in pre-market, good TA patterns, volume divergence etc. Put/Call Volume Ratio 0.12 Put/Call Open Interest Ratio 0.29 News: Las Vegas Sands is selling the Venetian casino resort and Sands Expo and Convention Center for $6.25 billion. In the two-part deal, VICI Properties will buy the property and all assets associated with the Venetian Resort Las Vegas...
Bullish momentum today or a false breakout of the level?
March is busy for $PINS 3/2: Morgan Stanley Technology, Media Conference 3/3: $PINS 1st-Ever Global Advertiser Summit 3/8: Head of $PINS Canada, Australia, and New Zealand will be keynote speaker for Int'l Women's Day event Put/Call Open Interest Ratio 0.54 Put/Call Volume Ratio 0.54 Options: Expiration Date 03/19/21 (m): Put OI 21,872 Call OI 80,494
Go with the flow of good earnings. Put/Call Open Interest Ratio 0.35 Put/Call Volume Ratio 0.38 Growing analyst forecasts For info (26/02/2021): DraftKings reports Q4 revenue $322M, consensus $232.6M "With a favorable fourth quarter sports calendar and strong marketing execution, DraftKings was able to generate tremendous customer acquisition and engagement...
+90% up for a quarter, between earnings. Put/Call Open Interest Ratio 0.26 Fantastic stock!
Needs to test level for a 3 times. And maybe it drawing cup and handle pattern.
How much time we need to take this level?