4/30/2021 Watchlist Charts
$AMZN – Nice earnings reported afterhours today. Earnings: $15.79 per share vs. $9.54 per share expected. Revenue: $108.52 billion vs. $104.47 billion expected. Price action was crazy afterhours. After hitting the peak at 3664.80, Amazon closed at 3554 which is more than a 100 point drop. Bulls needs to fight for this and hold 3554 and maintain it for it to continue. With strong earnings and good forward guidance, the bullish momentum can continue.
$APPS – Nice pop afterhours due to news. Digital Turbine Announces Completion of Acquisition of AdColony and Provides Business Update – Strong Preliminary Results and Outlook for Both Digital Turbine and AdColony Reflect Continuing Business Momentum. APPS needs to hold above 78 and maintain for further continuation. If it maintains, it can be set up to see 84, 88, then 99+. Make sure to confirm the breakout and holding the breakout.
$ENPH – Reported earnings on 4/27. Q1 EPS $0.56 Beats $0.44 Estimate. Revenue $301.80M Beat $292.04M Estimate. Q2 guidance – $300M-$320M Vs. $320.92M Est. Since they lowered guidance, it’s been dropping for the past 2 days. However, it is at a level that has caught my attention. we are seeing strong levels of support around 140. If it can hold 140 and bounce from here, we can potentially see 148, then 153+. Remember to be patient and watch for confirmation of breakouts and for the breakouts to hold. You do not want to enter a position based on a fake breakout.
$FEYE – Unusual bullish options activity detected. Looking at 20c 5/21. 6100 contracts traded today. Reported earnings on 4/27. Q1 2021 EPS Beat 27.13% and Revenue Beat by 3.60%. FEYE has been consolidating for a while as you can see in the green box on the chart. The stock has been trading within those ranges. Based on the unusual options activity, we may see a large move here soon. Keep an eye out for momentum and price action, next level to break is around 20.39, 20.81, 21.13, 21.55. FEYE can see 22-23+.
$KDP – Unusual bullish options activity detected. 10758 contracts traded for 36c 5/21 and 8825 contracts traded for 37c 7/16. Falling wedge breakout from earnings on 4/29 before market open. Q1 2021 EPS Beat By 4.21%. Revenue Beat by 6.71%. KDP needs to hold over 36.45 for further continuation.