SR618

EMR - decent short

Short
NYSE:EMR   Emerson Electric Company
1
Pullback
Status: short

Cost basis: 64.32
Stop: 66
First price target: 63

Technicals:
Horizontal S&R: yes
Channel S&R: yes
MA S&R: yes
Pearson's R >= 85: yes
Price within Fib Ret..62: yes

Stochastic turn/crossover above 80%: yes
AO pullback >0<1.38: yes

Fundamentals:
Next Earnings date: 11/3
IBD EPS Rating: 65
IBD SMR Rating: B
13F shares % change: -.44%

competitors: ph + abb + ge

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