American Woodmark (AMWD) has had the EPS forecast hiked from $0.55 just 30 days ago, to $0.57 within the last few days. The EPS has increased by +150% quarter over quarter and revenue has been uptrending for 5 years now. The stock has been in an uptrend since June of 2014 and it continues to power higher on the catalyst that improved home sales and remodeling...
PRTA broke out of longer term consolidation and after a quick run pulled back. It seems to start moving up again now. The moving averages are all sloped up nicely and volume expanded and contracted nicely. With earnings coming in after todays session this might be a nice earning play by buying some calls for limited downside risk.
Bullish on this stock, the book value per share is 2.35 yet the price got scared down to 0.79 because management rescheduled earnings. Sort of looks like a double bottom should be formed once this anomaly is resolved.
Tetra Technologies beat analyst's Q4 earnings expectation with $0.09 versus $0.08 estimated. The chart is forming a double bottom reversal to go long on.
The daily chart shows that KOS shares have been trading in an uptrending channel since the end of last year. Even though Kosmos Energy has had a nice move off of the lows, the stock had still fallen more than 21% from last summer's high on the current bear market in oil. An initial stop loss on a long stock position can be placed under $8.40 (under Tuesday's low)....
Tsla formed a head and shoulder on the weekly charts and is also in a downtrend channel. Lots of stops are building up below $180 and there's no support until $150 where all the buyers are waiting. Tsla needs a big shakeout to flush out all the weak longs who bought at higher prices. Once all the weak holders are squeezed out, the stock will be in the hands of...
TWTR touched Aug '14 support today and opened with a gap up. Is that exhaustion of the recent uptrend combined with forthcoming negative reports today? Or is it an imminent breakout? It's a game of probabilities and psychology. I'm feeling pessimistic today. Full analysis: jmak.ws
Qualcomm (QCOM) has reported their calendar Q4 2014 quarter earnings on Jan 28, 2015. The key was a loss of a large mobile customer and 2015 guidance reduction which sent the stock down ~ 11%. This is a significant drop for a staid, blue chip tech stock like QCOM. Thus creating a high probability, tradeable pullback. optionsforum.net
AMZN had great earnings gapping up and closed higher $42.5 (13.71%). The high filled gap from July 2014. Looking for pullback to add to my long position from last week. BOOM!
TSLA weekly chart has a falling wedge with decreasing volume in the process. The wedge is falling right into a natural S/R zone, where the 100 sma is also approaching, and there is a fib confluence zone (2 retracements, 1 extension). TSLA earnings date is Feb 18, 2015, which should be in the ballpark of enough time for the pattern to play out.
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....
See potential earnings scenario in $AAPL involving three harmonic trading pattern - In this week's Weekly Markets Analysis newsletter marketzone.tumblr.com Subscribe at www.themarketzone.net
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...