Dark Pool Accumulation Patterns Ahead of EarningsNASDAQ:LULU is working on completion of its long-term bottom. It has good PSHI and has been trending up for a while. The company reports this week. It may gap on earnings news. The steady but slower-paced improvement in price is indicative of Dark Pool accumulation.
Earningsreport
Easyjet ready to fly?Easyjet records better financial statements, looking at the report is possible to read that LSE:EZJ flew about 5% increase in seats when compared with last year.
The revenue increased by 14% this mainly because of the increase of 8% in capacity. Looking over the financial indicator it's noticeable an increase in revenue and the difference compared to 13 week moving average.
The price breakout for the second time above the top of ascending triangle following for a cross over the 200ema. The yellow resistance is the strongest one that still needs to be broken.
ADX is already above DMI- and being at 19,49 can show some strength confirming the DMI+.
EFI barely dropped below zero when the price failed to cross the EMA changing direction above zero rapidly.
PALANTIR ON AN INCREDIBLE BULLRUN ! BUT...
But be careful—this does not justify the price at all. Although Palantir has very solid numbers in its balance sheet, this does not justify a valuation at such an overvalued price could be very dangerous !
We must consider that markets in general are bullish, and the results of the latest report recently showed that it remains a very solid company in terms of sales. However, its earnings numbers are average—they meet analysts’ expectations, but by a very narrow margin. Historically, this has been the case in past reports as well.
Now, let’s get back to the technical analysis of Palantir.
After its report, it managed to break through that institutional zone that marked its peak 3 years ago (2021). After bouncing off the imbalance for a second time, Palantir showed a lot of strength and reached new highs.
From here on, we just need to wait for a pullback soon to start analyzing a possible support level.
Right now, Palantir is in no man’s land, which makes it a bit difficult to predict its next move. The only thing we can do here is to follow its movement candle by candle, staying alert to wicks and immediate zones where it might pull back.
Thank you for supporting my analysis. TRADE SAFE!"
GOOGL Strong Move Post-Earnings. My AnalysisHey, guys. Not going to go into too much detail on the description here. Just wanted to get my thoughts out there on NASDAQ:GOOGL . Certainly seems to have a strong long term trend here. As always, in long term trends, there could be various counter trend moves so always be prepared in that regard. Hopefully this offers some more insight for you as you think about NASDAQ:GOOGL from an investment perspective, or even a trading perspective. Even if you are looking for short term trades in GOOGL, I find it helpful to know how your trade might fit in to the longer term trend (whether to the downside or upside).
Hope you enjoy the review, and best of luck out there!
Nasdaq - index will continue to rise?!The index is above the EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel
If the drawn resistance level is broken, we can witness the continued rise of the index up to the previous ATH
Around the range of 21,000, we will look for price corrections of the index until the bottom of the ascending channel
Google / Waiting for the earnings reportGoogle refuses to break out of the 'stacked channel,' that channel where the candles are tightly packed side by side. It’s a bit frustrating that the price isn’t making any move or decision, but all we can do now is wait for the big earnings report day for the price to decide its direction.
Stay tuned on Tuesday, the 29th, after the market close!
Best Regards
Nasdaq - Nasdaq will maintain the balance of 20,000?!The index is above the EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel
If the drawn support range is maintained, we can see the index continue to climb up to the previous ATH
But the valid break of the drawn support range will pave the way for the correction of the index to the bottom of the ascending channel
Within the defined demand zone, one can look for index buy positions with appropriate risk-reward
Palantir Validated a Liquidity Zone, Whats Next? If you saw my previous structural analysis, I had mentioned that Palantir was going to hit an institutional liquidity zone, and for the first time in several years, using common sense, the price was going to face rejection.
And that’s exactly what happened...
The price hit my point of interest and dropped for 3 days. However, the last candle with which we closed the week was green and had enough volume.
Why is this? If we can see 2 candles before the close, we can detect a trap that created a long wick downward, preventing the price from falling further. That’s the detail we're seeing before the week’s close—the last candle was bullish. We also can’t ignore that Palantir is only about 2 weeks away from its earnings report.
So, I don’t think the price will make a decisive move just yet, and even if it falls further, it would likely be around 38.50. However, the earnings strategy that traders are waiting for, where Palantir accumulates and begins to rise, is very close. So, we need to be very alert as we approach its earnings report on November 4th.
Best regards, and thank you for supporting my analysis.
Google Still Bullish but nothing to see yet till Earnings ReportGoogle is clinging to this stagnant channel (yellow color), but the question is:
Could this be an accumulation before their earnings report?
We are one week away from Google's earnings report, and I have a feeling that the price will simply continue to trade within the same range until a few days before the report. Let's say on Friday or Monday, we may see a strong and sudden move. This is due to the "insiders," those privileged individuals within the company who hold positions and know what the price movement will be on the day of the report based on information they can access before the expected date.
We just need to keep in mind that we are still in a congested sideways channel, and this channel may expand as the days leading up to the report approach.
There's really not much to see with Google at the moment.
Best regards, and thank you for supporting my analysis.
Significant Move Expected for Walgreens Boots AllianceToday, Walgreens Boots Alliance (WBA) is highly volatile with an IVRank of 102.6, indicating elevated implied volatility.
The expected move is ±11.78% in the near term, showing potential for significant price swings.
Skew across expiries suggests a stronger preference for calls, as evidenced by the CALL skew of 36.5%, particularly notable for the 11/15 expiry where the IVx is 102.7%.
Despite a slight IVx decline across some expiries, the volatility remains high, signaling traders are bracing for large earnings-driven moves.
Weak Technical Patterns Ahead of EarningsFor now, NYSE:GS the largest of the Financial Services companies left, is struggling a bit. Trading activity in this stock is well below its average at this time. No pre-earnings run patterns have developed yet. There is some rotation recently, with lower money flow.
$NKE NIKE | NIKE CEO RETIRES & PRICE RALLIES 9% - Sep 21st, 2024NYSE:NKE NIKE | NIKE CEO RETIRES & PRICE RALLIES 9% - Sep 21st, 2024
BUY/LONG ZONE (GREEN): $
DO NOT TRADE/DNT ZONE (WHITE): $
SELL/SHORT ZONE (RED): $
Weekly: Bearish
Daily: Bullish
4H: Bullish
NYSE:NKE price is now approaching the 88.00 - 89.00 level that was a previous support level (week of Apr01'24). Bearish momentum from Jun27'24 earnings broke this level. We are now revisiting it from a bullish rally that was spawned by the CEO retiring and a new one being appointed. The support, the break, and the retest are three visits to this level, which is why I'm now viewing it as a potential entry for trades. Keep an eye out for the Oct01 earnings call.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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BYD - What next post-earnings and the BoC's stimulus?HKEX:1211 has had a strong year in growth prospects, reporting solid earnings growth thanks to its robust EV sales and expanding footprint in international markets. The recent earnings beat highlighted an impressive increase in revenue, driven by the demand for both their electric and hybrid vehicles. But what we can notice is that the stock has only reflected this as a c.16% rise in price YTD. However, the question now is: where does BYD go from here?
- More recently, the BoC's latest stimulus measures, including rate cuts and support for the real estate sector, could indirectly benefit BYD. With increased liquidity and consumer confidence, domestic demand for EV's could rise, especially if coupled with additional green energy incentives.
- As for the earnings release, the markets reacted well, and with this new-found optimism in the markets, with both the SEE Composite Index SSE:000001 and the Hang Seng Index TVC:HSI up 5.78% and 9.28% in the past 5 days, is this the turn-around for China as a whole?
NVIDIA BUY ZONES ACTIVE ?As posted before after the earnings report we’ve seen the stock drop from 127 to 105 after a blowout report. Here’s my current idea of a scenario
1. NVDA Settles around the price of $111 & $100 before US DATA Thursday and Friday
2. NVDA buy opportunities towards
$125-$140 or above
3. Stocks can rise on a worst than expected US Data, propelling the index market to all time highs as well as gold. This current correction phase is healthy, and needed.
4. NVDA can form a double top resistance at $138-$141 sending the stock into more selling power. Consequently to a price of $90-$50. Waiting for a bounce between this area.
Until new points of possible AI is found and chips are being sold at a higher volume. This can be the EOY stock price. Overall whoever wins presidency will have a significant impact on AI markets.
This is a prediction. Good luck to all!
US30 Buy ZoneStep one
* Market creates a sell structure @ 41169
Step two
* Market breaks through support @ 40953
Step Three
* Market breaks towards low of 40750 and quickly recovers in price action. Rally?
Step 4
*Economic data sends the Dow jones back to the resistance zones in step 1 & 2. Recovers to rally to an all time high of 41,500 or 42,000 and quickly sells.
NVDA Earnings Results I believe in the next 24 hours we will see a $50 billion stock buyback to $137+ and then a major correction immediately after. I think the selling pressure will be a falling knife. Leading us back into the $100-$70 range. Shaking out retail investors. This is just a prediction. Good luck!!
PDD Holdings: A Strategic Pivot or a Tempestuous Trial?As PDD Holdings, the e-commerce titan behind Pinduoduo and Temu, confronts a landscape fraught with intensifying competition, economic challenges, and evolving consumer preferences, the question of its future trajectory becomes increasingly pressing. Can the company successfully navigate these turbulent waters, or will it succumb to the tempestuous forces at play?
PDD Holdings, once a beacon of e-commerce growth in China, finds itself at a critical juncture. The company's recent second-quarter earnings report, marked by a revenue shortfall and cautious outlook, has sent shockwaves through the market. PDD's strategic pivot, prioritizing long-term value over short-term profitability, while commendable, may face significant challenges in the near term.
As PDD grapples with domestic pressures, the company's international expansion strategy, spearheaded by Temu, presents both opportunities and risks. The potential for global growth is undeniable, but the competitive landscape is fiercely contested, with established players like Amazon and Shein vying for market share.
The question of whether PDD can successfully navigate these challenges is a complex one. On the one hand, the company possesses a strong financial foundation, with a robust cash position that can provide a buffer during difficult times. Additionally, PDD's commitment to user acquisition beyond China could be a critical driver of future growth.
On the other hand, the intensifying competition within the e-commerce sector, coupled with the economic uncertainties in China, pose significant headwinds. PDD's ability to adapt and innovate in such a rapidly evolving environment will be crucial to its long-term success.
Investors are closely watching PDD's every move, with opinions on the company's future sharply divided. Some view the current low valuation as an attractive entry point, particularly considering Temu's potential for international expansion. Others, however, remain cautious, citing the ongoing challenges in China, management's tempered outlook, and the possibility of declining profitability.
Ultimately, the fate of PDD Holdings hinges on its ability to successfully execute its strategic vision, adapt to changing market conditions, and deliver sustainable value to its investors. The road ahead is likely to be fraught with challenges, but with careful navigation and strategic decision-making, PDD may emerge as a resilient and thriving e-commerce powerhouse.
Rapid Accumulation Pattern: COHRNYSE:COHR rebounded upward from a strong support level due to Rapid Accumulation by Derivative Developers. The company had a good earnings report on August 15th. This is NOT an all-time high. A shift to a platform or sideways trend would be ideal to reset for the next swing-style run. Chaikin Osc is overextended and floating as oscillators tend to do. Sideways trends pattern that out rather quickly most of the time.
CSCO Layoffs Positive for the StockNASDAQ:CSCO gapped up on its earnings report even though the company has failed to reinvent and failed to change to HyperAutomation in its IT departments quickly enough.
News of layoffs is considered a positive action on the part of the officers of the corporation who are responsible first and foremost to INVESTORS and cutting costs so that the company can slowly regain revenues and earnings for dividends for INVESTORS.
Delaying layoffs, which may be kind and thoughtful for employees, is a negative for INVESTORS, namely the giant Buy-Side Institutions, because it extends and worsens the financial condition of the company.
As more and more companies buy robots/robotics and AI technology, these will reduce payroll expenses and help to control internal business inflation, which is caused mostly by rising payroll expenses with declining productivity from the workforce of the company.
This is always misunderstood by retail groups who believe layoffs are a bad thing for the "economy." The world of commerce and the financial markets is not a fair or kind place.
$IBM Support Levels HoldingNYSE:IBM did not have a great earnings report for the 1st Quarter 2024, but 2nd quarter improved. The stock has one of the better charts in the Dow 30 components. It has held up better than most of the Dow components, except for those stocks that are in buyback mode. It has been tapering off its buybacks for 2 quarters. So the gains holding above the support lows are not from buybacks. There are accumulation patterns and pro trader activity in the mix. One to watch for swing trading potential.
Maximize Gains with Options for $UBER: Option Chain Outlook The NYSE:UBER stock price had been in an uptrend until it reached around the $75 level, after which it entered a correction phase. The price is currently near a long-term upward trendline, which could act as strong support.
Volatility: The IVRank (Implied Volatility Rank) is 107.5, indicating that the current volatility is high compared to the values observed over the past year. The IVx value is 73.6, also indicating high volatility.
IVx 5-day Change: +7.8%, showing a significant increase in volatility over the past 5 days. This is common in the period leading up to earnings as investors prepare for the announcement.
Price Skew: The 27.3% skew indicates that call options are more in demand, which could suggest that investors are expecting a bullish movement post-earnings. A solid skew suggests higher demand for call options, indicating a potential bullish sentiment among investors.
IVx (46 DTE): 73.6, indicating high volatility expected over the next 46 days. Volatility is likely to remain high around the earnings report, which is favorable for selling option premiums.
Exp.mV (46 DTE): The expected move over the next 46 days is $7.6, indicating that investors are pricing significant price movement after the earnings report.
PLTR Earnings Options Analysis: Strong SupportsCurrent Price Level: NYSE:PLTR is currently trading around 23.79 USD.
Options Data:
IVRank: 95.8, indicating that the current implied volatility is at the 95.8th percentile over the past 52 weeks.
IV% 5d Change: 16%, showing a significant increase in implied volatility over the past 5 days.
Exp. move at 46 DTE: 4.6% for options expiring in 46 days.
Price Skew: 31.8%, indicating the difference between the bid and ask prices of options.
Market participants overpriced call options by 31.8% for the September expiration, indicating bullish sentiment despite the significant panic in the markets today.
Support Level: There is strong support below the 4/8 level, which is crucial for put options.
The green line represents the strike price expected by the market based on the options chain for 46 days to expiration (46 DTE), around 18 USD.
The Delta 16 PUT level is below the 4/8 Murrey Math level, indicating strong support based on the status of the current optionchain.