Right now looking at a long entry for GBX which has an estimated 18000 employees, and currently an undervalued market cap in my opinion (compared to its revenue), I would say it is a great value stock to get. Also Zack's rank seems to be bullish as well. I think the long term potential of this stock is decent. That being said, invest at your own risk and do your...
Posted about this setting up on September 12th and listed 3 reason why this is a nice looking setup. Rectangle range is pretty tight so target around $45. see the post here
WEC entering breakout mode closing above $96 last week. The stock could start its run against its all time highs around $105-$107.
Please Support this Idea with LIKE if it is Useful.... TESLA As I mentioned in my previous Idea on TESLA,price should go up around 330 level,price grew more than 35 % from the buy level..and now price is above 61.8fib level,we can't join in an impulse,we will enter on pullback,If price makes a pullback around 38.2fib level and holds the support.then I will...
Please Support this Idea with LIKE if it is Useful.... S&P500 The price broke above trendline and is above support/resistance level ,after a pullback If price continue to hold above the Support/resistance level then there is a chance that price might continue to grow. For Entry: Wait for the formation of Bullish Candlestick Pattern to close on 1hr...
Watch EMN next week. The stock held up extremely well with the broad market selling off. Higher prices might be in the works next week.
TikTok has reached an agreement to sell its U.S. operations to software giant Oracle, a landmark deal that could redefine how the U.S. and China square off over the reach of their homegrown technology companies. Oracle has reportedly won a deal to manage TikTok’s US cloud operations. Oracle had been rumored to be part of the bidding process to acquire TikTok, but...
3 reasons to like this rectangle breakout chart pattern. A daily close above $36.75 will: 1) Confirm breakout above 200 MA 2) Clear 2 month consolidation chart pattern 3) Clear weekly down sloping trend line (red dotted line on chart)
A 5 months consolidation pattern (low volatility period) will ultimately lead to a trend.
Two stocks that I would currently short are McDonalds and Netflix. McDonalds seems to be making the same type of mistakes that Big Boy or Frisch's Restaurants, Inc. were making that lost costumers. The marketing tactics they have are getting either too outdated, too risky, or too controversial. Outside of that, franchise fees are too expensive. You have the whole...
RYAM showing relative strength with buying pressure the last 3 days and breakout from 3 month ascending triangle chart pattern today. Price target up around $5 and identified on the chart.
NYSE:HUM completed its rectangle consolidation pattern today with the breakout and close at ATH. Swing target added to the chart. I alerted to this pattern here
Descending triangle is bearish in nature. A confirmed breakout (daily close below chart pattern support) could start the next correction phase for gold and take it down to $170/$169 area. I would also be playing the failed chart pattern (close above triangle down sloping line) for a run back to bull market high.
I posted about the rectangle setup back on July 27th when it was forming. Today, Visa hit its #rectangle price target. here is the post from 07/27
Please Support this Idea with LIKE if it is Useful.... XAUUSD The price broke above range with a strong bullish candle ,after a pullback If price continue to hold the Support then I expect the price to continue to grow. For Entry: Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to Buy.. Trade it with...
Please Support this Idea with LIKE if it is Useful.... APPLE The price broke above Support/Resistance ,after a pullback If price continue to hold the Support then I expect the price might continue to grow. For Entry: Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy.. Trade it with proper Sl.. In case...
Please Support this Idea with LIKE if it is Useful.... S&P500 The price broke above trendline and is above support/resistance level ,after a pullback If price continue to hold above the Support/resistance level then there is a chance that price might continue to grow. For Entry: Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe...