"Natural science has invaded and transformed human life all the more practically through the medium of industry; and has prepared human emancipation, although its immediate effect had to be the furthering of the dehumanization of man."
its interesting to think this stock could be worth over $5 at some point when not long ago this thing was chilling in the low $2s.
theres no technical indications that the bull trend is over for the hourly picture, but oscillators are saying it is overbought
if we keep cloaing hours above aavwap/vwma and the .382 i dont see anything wrong with targeting $4.48
Industrial stock APG is showing a potential weekly breakout as infrastructure looms. The bill's passage hangs in the balance however this company can still be good for the patient investor with an ESG mindset. Good luck trader!
Lower Price Objective Front Run on Friday's Close.
Pinned to Expiry.
Lower 35100 Price Objective in Trade.
DOW leading is never a good sign.
It is now in a 13/13 Count with a great many Gaps
below all the way down to 28.212.
The Larger Weekly TF...
Industrial REIT name PLD is one of our topic picks in the real estate space to gain exposure to the infrastructure boom. Potential risks in the market could lead to a run in defensive sector names benefiting PLD.
NYSE:CMC - this company is in the correct sector to directly benefit from the infrastructure bill. It is forming a Cup basing formation. If the market reacts positively to the news of the Infrastructure Bill getting signed, the vertically integrated steel producer stands to benefit from all of the national construction products that will ensue, especially if...
PRN bullish on charts on multi time frame.
Points to consider
1. Price above 20 D SMA
2. Price above 20 Week SMA
3. Price above 5 Month MA
4. RSI Bullish on Monthly and Weekly MA
5. RSI looking for support on the Daily TF to reverse up.
6. Nice consolidation on Monthly charts
7. Price trading in a nice range for the last 8 months and setting up bullish...
BA hasn’t participated much in this bull market recovery. Impacting them are political risks with China continuing to halt repurchases of the the 737 Max for domestic travel use. Imo R/R is favorable for longs at current levels, with much of the negative news already out and factored into the market. It might just be time for BA sooner than bulls and bears believe...
Lockheed Martin Corporation, a security and aerospace company, is engaged in the research, design, development, manufacture, integration and maintenance of systems. It operates through: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.
Revenue TTM 66.8B
Net Income TTM 7.1B
EBITDA TTM 10.2B
Net Margin TTM 10.8%
EBITDA margin TTM 15.3%...
Bearish price action of UAL has been on my radar for a hot minute. Long-term support held in mid-July, followed by a break from the channel. RSI divergence suggested a possible reversal, leading to a second bounce at the long-term support. We now have the third bottom at this ascending support, a bullish signature. We can now see the enclosing triangle and...
NASDAQ:AMAT has been seriously testing its dynamic support through last weeks earnings report, but has not yet posted a full daily candle beneath. Still, that support has been functionally invalidated by 4 successive candles poking through. In my opinion, a new technical structure is therefore forming. How price action respects the MA200 and/or key supports in...
Price action ending 19AUG presents an interesting scenario for NASDAQ:UAL . First, there is clear price divergence with RSI, a bullish indication. Today's candle suggests a (crucial) third touch on a dynamic support level in the 43.00 range, suggestive of a possible upward bounce. Finally, today's candle also presents a double bottom against this rising support...
KNX is setting up here with a really nice long term base, cracked the 50 level last week. Was that the level it needed to make another move higher? Time will tell. Following IYT as well and the possibility of it bottoming, if it does, we should see significantly higher prices here
Attention has focused on growth stocks for the last two months. Now could be the time to return to industrial names like Ingersoll Rand.
The manufacturing conglomerate has gone nowhere for over five months. However it made a series of higher lows since mid-June while holding below $49.50. The result is a bullish ascending triangle, which now appears to be...
The US30, FXCM’s DJI CFD, is in the bullish area on the daily chart on the left. We note that the hourly has pulled back to support (green shaded area). If price bounces from here, a bullish cross of EMAs and stochastic potentially align short-term traders with the daily. If signals occur, movement of stochastic to 80 level, and maintenance of that level,...