Check out Himaβs full video breaking down the charts and check out the highlights below!
The First Big Earnings Week of Q4 2025
The banks kicked things off for Q4, but now weβre into the first major earnings week β and this is where the real action begins.
In the video above,, I walk through several S&P 500 companies that are reporting tomorrow Tuesday October 21st, using my RSI Power Zones indicator and forecasting tools inside WealthCharts. Hereβs the highlights!
1οΈβ£ ELV (Elevance Health): Trend Matters More Than the Report
Before getting caught up in the actual earnings release, I always check: Whatβs the trend going in?
ELV is in a clear uptrend β higher highs and higher lows β suggesting potential for upside, even as traders should stay cautious around the announcement itself.
2οΈβ£ GE: Momentum and Mid-Air Bases
GEβs chart shows a consolidation βbaseβ forming mid-trend, between roughly 290β310. That might sound odd β but bases donβt only happen at bottoms. In an uptrend, they can act as launchpads.
Momentum on my RSI Power Zones indicator suggests further upside ahead.
3οΈβ£ NOC (Northrop Grumman): Steady Speed in an Uptrend
This oneβs been a favorite question from the Tribe. NOC has been dancing smoothly between green RSI zones since early August β meaning its βspeedβ remains consistent.
Thatβs often a sign of a healthy trend, not one running out of steam. Iβm watching for a potential buying opportunity before it revisits the 570 area.
4οΈβ£ KO (Coca-Cola): Forecasting Key Resistance
Coca-Colaβs chart shows persistent red RSI Power Zones β signaling slowing momentum. My time-and-price forecast projects resistance near 69.50.
If youβre betting on a climb above that level ahead of earnings, check your assumptions β that price band could be where momentum fades.
5οΈβ£ RTX & LMT: Forecasts and Range Reading
RTX is showing a bullish pullback setup, with a forecast up toward 175.00 β though, as I always remind students, forecasts are projections, not guarantees.
Lockheed Martin (LMT) is consolidating within its October 15th range. The real insight? Donβt anchor to just one bar β watch the highs and lows around it to gauge strength or weakness.
Bonus: NFLX (Netflix)
Netflix reports after the bell on October 21st.
Zooming out across timeframes shows how important context is β the stockβs been ranging since mid-July. My pro tip:
For sideways ranges, monitor the high before the highest high and the low before the lowest low for true confirmation.
The Bigger Lesson
Earnings can feel like a flurry of data and noise β but when you zoom out, price action and momentum always tell the story first.
If this kind of breakdown helps your own analysis, be sure to give that video a βLikeβ on YouTube>> and register for my Zoom session and join me LIVE on October 21st at 4:30 PM Eastern for my Speed Trading Workshop!Β REGISTER HERE https://himareddy.com/needforspeed
~Hima
3 responses to “Earnings Week Breakdown: Netflix, GE, Coca-Cola & More | Plus Keys to Tackling Sideways Ranges”
-
Charles
I appreciate the great information that you share. I would like to join your live session on Tuesday, October 21st. I assuming it will be on YouTube?
-
-


Leave a Reply