4/29/2021 Watchlist Charts
$AAPL – Absolutely crushed their earnings and exceeded expectations. Apple announced that company wide sales are up 54% higher than last year, and significantly stronger profits than Wall Street expected. Watching for a break over 136, 138, and 145. Keep an eye out on these levels.
$PBI – Unusual bullish options activity detected. Over 29357 contracts traded for 10c 5/21. Earnings to be reported on 4/30. Based on this unusual bullish call buying, maybe we expect to see some explosive earnings. Watch for a break over 10.
$HD – Recently had a CRAZY bullish run. Check out the price action. Saw almost a 100 point move at the peak of this bullish run. It has since then been cooling off a little but a falling wedge pattern has formed. If HD can break out of this falling wedge with momentum, we can see a test of all time highs at 328.83 and even further beyond, estimating around 337 using fibonacci extensions. Keep this one on your radar.
$HOG – Harley-Davidson delivers a strong Q1 earnings on 4/19 and raises full year financial guidance. This is great news. Beat EPS by 86.63, almost double the amount of expected EPS from analysts on Wall Street. Harley-Davidson also introduced a limited edition Icons Collection with an Electra Glide model. That being said, it seems like traders are gearing up for their next upcoming earnings, estimated to be on July 27th based off prior year’s reporting dates. Unusual bullish options activity detected for 55c 7/16 with over 10589 in volume traded today. 60c 7/16 had 6901 in volume traded today.
$TLRY – Tilray, Inc. is trading higher after BofA Securities reinstated a buy rating with a $23 price target. That being said, options trader seized the opportunity on this positive news and tons of bullish call buying options were coming through the tape. Over 12903 contracts traded for 20c 5/7. On watch for further continuation.