CVX is a correlative equity to XOM. These are consist in trend moves comparable to other equities in their sector. You want volatility for the option's play. Right now, CVX is at a crossroads with an IV of 73 and HV 71. With earnings coming up, we're expecting a shift north till the end of this year's first quarter. That's a good play to go deep in options. ...
Earnings season can be quite frustrating but with BAH we only have to wait for today's session to close before we can reassess it's worth. The earnings announcement is due before the markets open. This stock hasn't been trading very long, so is not one I would normally consider. Volume is also low so for that reason I will most probably rule it out - for now....
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In preparation for the upcoming earnings report, Tesla has some clear probabilities in front of it, from my perspective. If they report a great number and forecast, it will be $250 in a heart-beat. If they stumble at all in any way, it will be $150 in a heart-beat. So I view owning both puts and calls here as the best strategy. Buy the $210 calls and Buy the...
JOY caught my eye because of the inverted cup and handle formation - which Friday's gap down confirmed. Initially I thought this could be a good near-term shorting opportunity because price had broken below $50 and recent support - and the measured move could've made this worth considering for a quick profit. However, on closer inspection there are a series of...
Why did BABA hold the level it did in the recent pullback? It is the level where earnings were released on the way up - so there were natural buyers who wished to accumulate stock at that level who were waiting to an opportunity to buy at their price. They didn't want to chase after shares after the earnings report, rather, they lay in wait for a chance to buy...
PETM has undergone a deep and prolonged pullback lasting over a year. Yesterday price gapped up on higher volume and broke through previous resistance. The bar was very bullish, which gives a good indication that price could well continue it's upward momentum over the next few days. However, with price only just breaking such a strong pivot point the potential...
GMCR broke through the 2011 high earlier this year, retested it in August and has since been in a reasonably linear trend. Since breaking through the more recent July high, price formed a double bottom on the resistance-turned-support line and is now in an established bull trend. This is not an opportunity for today, however, as earnings are due to be released...
Statement from CEO - "Our goal this quarter was to continue the advancement of our product development programs, reflecting the Company's focus on developing novel RNAi-based therapeutics," said Dr. Mark J. Murray, Tekmira's President and CEO. "It is an important time at Tekmira, and we are pleased with our progress to date as we concentrate on achieving future...
$TEVA is coming strong into a resistance zone just before its earnings. Triple top and a re-test of broken uptrend line will stand in its way and may be a good reason to try and short it. Bulls? Breakout? Wait to confirm before you enter. Notice volume.
Long over 21.70 via Dec 22-24 calls. Earnings coming up next week. Will trim half prior.
Description in the Chart... Regards
Price has been trading along the solid blue uptrend line, from Sep 2012 to July 2014. However this trend line was clearly broken after the 22 July 2014 Earnings Release. We also note a Head & Shoulder trend reversal pattern, with the neckline convincingly broken past the horizontal neckline of $45.80. This signals that the bullish trend mentioned in point 1 is...
I believe, fundamentally, that blackberry is undervalued at its current share price and this is why. Initially that had a hard time keeping up with the competition, and lets face it the Z10 and the Playbook were both major flops. But a business can, and should use its failures to its advantage, and use it to tweak their business model which is what BB seems to be...
Apple numbers out tomorrow. The news will either be positive or negative. Either way they will impact the price of the stock, usually in a dramatic fashion. To the upside or downwards direction. Knowing where our supply and demand levels are is key. These are two trades we are looking to fill.
Untouched chart from earlier in August. Low risk entry against "Key Hidden Level" support. Upside TARGET REACHED TODAY at $50 from $43+ entry. If you are interested in having these lines drawn for you automatically, try subscribing to the "Key Hidden Levels" at the "Marketplace Add-Ons" in the "Indicators" box on your chart. There are monthly rates and a...
Get the script from These levels are based on price around earnings day. I have implemented support for 2 calculation modes: Mode 1: Level = (low of 1 day prior to earnings + high of 1 day after earnings) / 2.0 Mode 2: Level = (hl2 of 1 day prior to earnings + hl2 of 1 day after earnings + close from earnings day) / 3.0 Chart above shows "Mode 1". Mode can be...
The 50MA has provided an almost unbreakable support for HPQ since the beginning of the year. Although the stock has consolidated the past week or so I see the rally to continue in light of earnings on the 20th towards the $37 price.