Reasons for bullish bias: - Price gave resistance breakout - XABCD pattern - Bullish divergence - Positive Earnings Here are the recommended trading levels: Entry Level(CMP): 167.48 Stop Loss Level: 143.85 Take Profit Level 1: 176.88 Take Profit Level 2: 191.45 Take Profit Level 3: Open
Reasons for bullish bias: - Price forming a bull flag - Entry at breakout of pole (Safe entry for further confirmation) - TP till projection Entry Level(Buy stop): 202.04 Stop Loss Level: 184.81 Take Profit Level 1: 219.27 Take Profit Level 2: 242.16
Zoetis Inc. (ZTS) presently testing key channel support, able to absorb weekly selling pressures. From here, (ZTS) can rotate higher to channel resistance, eliciting gains of 20% over the following 3 - 5 months. Inversely, closing below channel support would indicate a sell signal where losses of 10% would be expected over the following 2 - 3 months, where...
Short term bearish action is going to see a reversal due to the presence of this H&S structure on the 4Hr chart for ZTS. This is a perfect inverted H&S structure and we are yet to see the bullish right shoulder results.
ZTS has formed a nice upward trend line that was quite strong for a long time, however those times are over, as price has strongly broken this trend line Only a few periods in the past are comparable to the current state It is not something I would long based on TA
The continuation of the uptrend may have a target in the region of 210. Perhaps, it will be possible to buy stocks on rollbacks downward. Also, pullbacks down can give ideas for medium-term deals with small targets.
Great pattern on the daily. Looks good through 168 with a stop under 164. Looking at a medium-term base breakout to the upside. Not a very fast mover but we should be looking at a good 5-6 points at least if all goes well. Sorry for not posting as much I have been avoiding trades due to the election
I found this pattern at tickeron website with the following data: STATUS = Confirmed CURRENT CONFIDENCE = 66% TARGET (EXIT) PRICE = 166.29 USD BREAKOUT (ENTRY) PRICE = 162.17 USD DISTANCE TO TARGET PRICE = 2.83% EMERGED ON = Sep 24, 12:00 PM (EDT) CONFIRMED ON = Sep 28, 09:30 AM (EDT) WITH CONFIDENCE LEVEL = 74% A broadening bottom can be characterized as a...
I'm going long ZTS. Goodluck.. Trade at your own risk. $126 Calls look good.
Zoetis stock is as animal-health products remain "essential" despite the coronavirus pandemic. forming Head and Shoulders?
Bought a single put Nov 22 EXP strike was 119. Just a quick trade, max loss is $100 max gain is $300 looks like it'll go lower to $114-115. Exit will be next Friday.
ZTS put spread 125/120 Cost is $1.5 Max gain is $175/ $325 at sale of option or $3.25 Limit already set GTC Max loss will be taken October 14th end of day if my options plan is a failure. Max loss is $113 Bearish divergence it seems to be trending lower will see how it plays out.
Trendline support was broken. Now the price is making a pullback to the broken trend. Risk trade to sell closer to trendline. Less risky to sell on break of the first trigger. Target 38.
More info about strategy performance on trendingtest.blogspot.com