Bullishcharts

Cactus Inc Breakout Trade setup

Long
NYSE:WHD   Cactus, Inc. Class A Common Stock
Entry level $35.50 = Target price $40.75 = Stop loss $34.45
Trade the breakout from golden pocket resistance
Stochastic bullish reversal setting up
Momentum and RSi both strong.
Golden cross complete on moving averages.
Average analysts price target $36 | Buy rating
P/E RATIO 20.91
Cactus, Inc. engages in the design, manufacture, sale and rent out of a range of engineered wellhead and pressure control equipment. The products of the firm are sold and rented principally for onshore unconventional oil and gas wells, and are utilized during the drilling, completion, and production phase of wells. Its products include well head systems, frac stacks, zipper manifolds, and production trees. The company was founded in August 2011 and is headquartered in Houston, TX .

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