Strategy: Eagle Trap ๐ฆ
| Bearish Confirmation ๐ป
๐ก Current Price: $13.58
๐ป Trend: Bearish | Rejection at FBB 200 + Unfilled GAP
๐๏ธ Earnings: This Week
๐ Quick Breakdown (35-criteria system):
โ 32/35 bearish criteria confirmed
๐ Weak RSI, bearish MACD, trading below MA50 and MA200
๐ Rising volume on red candles
โ ๏ธ Unfilled gap at $16.15
๐ Institutional outflows confirmed
๐ Projected EPS expected to disappoint again
โ No positive catalysts detected
๐ Expected drop zone: $11.20 โ $10.00
๐ Extended bearish target (if earnings miss): $8.00
๐ฏ Suggested Position:
PUT โ Strike $13 or $12.5, expiration August 16
๐ฐ Ideal entry: contracts below $0.80
๐ Risk/Reward: Very favorable
๐ Eagle Trap activated.
The chart shows technical exhaustion, lack of bullish momentum, and no upcoming positive catalysts. If earnings miss expectations, a sharp drop is likely.
๐ Are you ready to catch this fall?
๐ก Current Price: $13.58
๐ป Trend: Bearish | Rejection at FBB 200 + Unfilled GAP
๐๏ธ Earnings: This Week
๐ Quick Breakdown (35-criteria system):
โ 32/35 bearish criteria confirmed
๐ Weak RSI, bearish MACD, trading below MA50 and MA200
๐ Rising volume on red candles
โ ๏ธ Unfilled gap at $16.15
๐ Institutional outflows confirmed
๐ Projected EPS expected to disappoint again
โ No positive catalysts detected
๐ Expected drop zone: $11.20 โ $10.00
๐ Extended bearish target (if earnings miss): $8.00
๐ฏ Suggested Position:
PUT โ Strike $13 or $12.5, expiration August 16
๐ฐ Ideal entry: contracts below $0.80
๐ Risk/Reward: Very favorable
๐ Eagle Trap activated.
The chart shows technical exhaustion, lack of bullish momentum, and no upcoming positive catalysts. If earnings miss expectations, a sharp drop is likely.
๐ Are you ready to catch this fall?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.