Go long the HD if it trades at 134.77 or higher. If triggered, place your stop at 132.95 and exit the position for a profit at 136.33 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely). In this signal you don’t get the following: 1. How to identify the trade setup 2. How to identify short term trend 3. How to protect gains in...
For every Cup and Handle you show me that worked out I could show you at least one that failed. But here she is. There is a potential cup and handle pattern forming. Last Friday will have marked the beginning of the handle. The target of this potential pattern is 129.36. But since these patterns are rarely successful and accurate to the penny, I am just going to...
1st condition If this candle rejects from upper trendline with closing below the upper trendline i am short with take profits@flag otherwise if this not happens i will do nothing here Short Active With Take PRofits @ Flag Expected
Home Depot has declined slightly in the bullish trend. It is sitting in a flaglike pattern while Stochastics is coiled as well. Volumes are sinking and thus not giving much info. We have a candlestick reversal-pattern, signaling 116$+ level is potential first target if we break through channel possibly on the coiled Stochastics breaking up. If we start to tumble...
American Woodmark (AMWD) has had the EPS forecast hiked from $0.55 just 30 days ago, to $0.57 within the last few days. The EPS has increased by +150% quarter over quarter and revenue has been uptrending for 5 years now. The stock has been in an uptrend since June of 2014 and it continues to power higher on the catalyst that improved home sales and remodeling...
Considering macro and technicals, I would not buy my position at levels above $77 - I would even be patient enough to start accumulating new positions at a major down day/week at around $75 or a little below. It'll have to be a patient spring/summer! What do you think? Am I right to wait this out?