ESE Forecast


Bullish Case: Technical indicators support a continued upside movement. Notable institutional investments and improving revenue growth suggest steady bullish trends.


Bearish Case: High implied volatility signals potential atypical downside risk. Price near all-time highs with possible correction, and a significant portion of institutional holdings have reduced positions.


Potential Outcomes: 60% probability of neutral trends maintaining until key earnings reports. 30% chance of correction due to high market uncertainty. 10% for bullish breakout aligning with low likelihood but favorable return windows.


Trading Oracle: Consider a 3-month bearish debit spread (Helium Long Volatility) with $110-$100 strikes, capitalizing on elevated implied volatility and short-term correction potential. This strategy holds positive edge, offering a high reward:risk ratio and a high probability-of-profit.


July 20, 2024


Esco Technologies Forecast

ESE      Esco Technologies











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PCG Forecast + Options Trading Strategies   PCG  PG&E (0.58)


CWEN Forecast + Options Trading Strategies   CWEN  Clearway Energy (0.57)


CRS Forecast + Options Trading Strategies   CRS  Carpenter Technology (0.55)


MTTR Forecast + Options Trading Strategies   MTTR  Matterport (0.54)


SRE Forecast + Options Trading Strategies   SRE  Sempra Energy (0.54)



Uncorrelated Assets

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NE Forecast + Options Trading Strategies   NE  Noble (0.0)


ABBV Forecast + Options Trading Strategies   ABBV  Abbvie (-0.0)


CPS Forecast + Options Trading Strategies   CPS  Cooper-Standard (0.0)


UBER Forecast + Options Trading Strategies   UBER  Uber (-0.0)


HNRG Forecast + Options Trading Strategies   HNRG  Hallador Energy (0.0)



Anticorrelated Assets

Assets that tend to move strongly against ESE



DEO Forecast + Options Trading Strategies   DEO  Diageo (-0.39)


LVS Forecast + Options Trading Strategies   LVS  Las Vegas Sands (-0.4)


ALLO Forecast + Options Trading Strategies   ALLO  Allogene Therapeutics (-0.41)


ACHC Forecast + Options Trading Strategies   ACHC  Acadia Healthcare (-0.41)


CVI Forecast + Options Trading Strategies   CVI  CVR Energy (-0.46)





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