timwest

Baker Hughes Inc - BHI - Daily/Monthly with Key Levels

Long
NYSE:BHI   None
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14
Notice how BHI is holding support at the price where it reported earnings back in January and where it fell under 1.00 times sales (Market Cap versus Total Revenues). BHI has been a good buy each time the PSR fell to 1.00. I labeled the PSR levels at 1.00 with a Yellow Box.

BHI has been volatile around its "key levels", especially up at 68 on the last rally to revisit 1.20 times sales.

Given the market weakness and the relative stability of BHI in today's trading, coupled together with the Key Hidden Support just under current prices, together with valuation at an attractive level, BHI appears to be a reasonable long position for upside to the 62-68 level over the near term.

Tim

11:23AM EST 12/9/2014 56.00 last BHI
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Comments

Good look at the P/S vs Total Revenue and Margins
+1 Reply
timwest QuantitativeExhaustion
Absolutely: Revenues X Margins = Earnings. It's so good to know if earnings come from rising sales or rising margins or a combination of both.
Reply
Too bad we couldn't adjust the MTPC to quarterly earnings or monthly option expirations.
+1 Reply
timwest QuantitativeExhaustion
I've posted a few charts with that concept, the last one was AAPL - It is an interesting way to look at a stock.
+2 Reply
timwest QuantitativeExhaustion
I have monthly options expirations on my "key bidden levels" package of scripts so you can see support/resistance from those levels. It's very nice.
+1 Reply
Not much happening in BHI here....
Reply

No wonder you like AMD. Look at the steady revenue and margins compared to P/Shttps://www.
Reply
timwest QuantitativeExhaustion
Nice chart JR - It's hard to view the values on your lower chart - I assume the blue is the Total Revenues and the black is the PSR.
Reply
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