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DASH Accelerates After Post-Earnings Sell-Off
Youtube· 2025-11-14 21:00
Core Viewpoint - DoorDash shares have seen fluctuations, with a recent price target cut by NEM from 300 to 275 while maintaining a buy rating, indicating continued confidence in the company's performance despite recent volatility [1][11]. Financial Performance - DoorDash's stock is down 18% this month but remains up 20% year-to-date, reflecting a mixed performance in the short term while showing overall growth for the year [2]. - The company reported strong earnings on November 6, beating expectations on both revenue and earnings per share, yet experienced a significant one-day drop of 17.4% post-earnings [3][4]. Market Sentiment - Analysts noted that the market reaction to DoorDash's earnings was influenced by executives' announcements of substantial investment plans, which may have raised concerns among investors [4]. - Despite the recent selloff, some analysts view the current price levels as a buying opportunity, suggesting that the market overreacted to the earnings report [11][12]. Technical Analysis - Technical indicators show a potential reversal pattern, with a recent formation of a price floor near 195 and a downward sloping trend line that may be breaking [8]. - The 252-day exponential moving average is identified as a potential resistance level around 215, while the RSI shows signs of improvement, indicating a possible bullish divergence [8][9]. Options Activity - Options trading activity has been moderate, with about 26,000 contracts changing hands, indicating a balanced interest between puts and calls [13]. - Notable trades included a significant position involving the sale of 1,500 November 21st 240 puts and the purchase of 3,000 November 21st 210 puts, suggesting strategic positioning by traders [15].
Examining JNJ Breakout: Bull Flag & Options Show Upside Potential
Youtube· 2025-10-03 20:00
Core Viewpoint - Johnson & Johnson's shares reached an all-time high following an upgrade from Wells Fargo, which raised its price target to $212 from $170, citing potential upside in its pharmaceutical business and reduced tariff and pricing risks [1]. Company Performance - Johnson & Johnson's stock is currently viewed as an attractive entry point due to its valuation [2]. - The company's performance is aligning with the broader S&P 500, while it is outperforming the pharmaceutical ETF [3]. - The stock has shown a strong upward trend, with a notable bull flag pattern indicating bullish sentiment among traders [9]. Market Context - The healthcare sector overall is facing challenges, with a decline of 4.1% this year, attributed to legislative risks [4]. - Distributors like McKesson and Cardinal Health are performing well, while managed care companies are struggling [5][6]. - Recent news regarding competitors, such as Humana and Pfizer, has contributed to a volatile market environment [7][8]. Technical Analysis - Johnson & Johnson's stock has seen a significant rally from a low of approximately $174-$175, with a recent breakout above previous highs near $181 [10]. - Current trading levels are around $189.10, with a potential upside target near $190.60 [12]. - The expected move for the stock over the next 14 days is about 3.9%, indicating relatively low volatility [14]. Options Activity - There has been notable activity in the October 17th 175 calls, indicating interest from traders [15]. - A significant bearish opening trade was observed for June 18th 190 strike puts, suggesting some traders are anticipating a decline [16].
X @Market Spotter
Market Spotter· 2025-07-17 04:30
🚀 $DOGE IS BREAKING OUT JUST AS EXPECTED!BULL FLAG PATTERN CONFIRMED ✅PRICE IS PUSHING TOWARD KEY RESISTANCE ZONES — NEXT TARGET: $0.25+ 🔥STRONG SUPPORT HELD — BULLS IN FULL CONTROL 🐕 https://t.co/av571IBQ5R ...