Breakout out of a 7 month flat base. NASDAQ:SIVB
NYSE:TGT Today I want to talk a little bit about Target. As one can see this stock is in a strong upward moving trend. Since the last 52 weeks high which is around 267,23 the stock corrected by 5% and created a base between 267,23 and 253,98. Trading Idea: Long above 264,20 with as Stop Loss below 252,42 Important: - Pay attention to the earnings and...
Setting up Flat Base, with VCP, a tight percentage, and enough period. William O'Neil mentions a correction between 10-15% in at least 4 weeks of pause. We'll see.
Watchlist SILO is constructing its base after a giant move. Its correction is around the normal range, and volume decreases.
CAT detailing complex Correction with FLAT (3-3-5) wave structure! Regards, Team Traders "PowerfulTraders" flat
Here is a huge chance for the price will stay in this zone and makes the same moves as a first blue colored square. It's all technical duty and trading idea, but be sure with your real money. Thanks for your time.
SWKS has been one of the strongest stocks in the market over the last year. It has also been so consistent and not choppy. I like the company and its in a valid base, which I believe is a stage 2 flat base since the Oct low. Industry group rank =10 On the other side of the coin, it has 0 Qtrs of EPS acceleration... Still almost every other light is green,...
It is very close to a clean flat base buy point at 144. Drawbacks: 3 year EPS is only 18%, and some of this pop has been because of KO acquisition 3 year Sales is only 18% MONSTER BEVERAGE CORP RANK WITHIN THE BEVERAGES-NON-ALCOHOLIC GROUP (17 STOCKS) Composite Rating 97 Rank within Group: 1st 100% Best in Group EPS Rating 96 Rank within Group: 1st 100% Best...
Chivas likes the low volatility and flat shallow base of SHW for his weekly pick. SHW has good rel strength, has a nice trend going, but there are a few drawbacks as I see it: 1. Lacking vol on breakout 2. Red vol comes in Thursday, 4/16. 3. Not in a good group rank. 77/197 4. Acc/Dis is D+. I see these as enough to rule this stock out. PERFORMANCE...
FB has finally broken out of the long nearly 6 month basing period. It is still within it's buyable zone of 5% from 81.26 buy point, according to the IBD system.