Good afternoon fellow financial astronauts! Most of of you have been asking me to place more labels on my charts. The ABC segments represent Elliott correction waves. ABC patterns are primarily what we trade. Our maxim is founded on the idea that markets move in impulse correction impulse waves.
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Probably one of the few opportunities to enter this paper, which has been growing continuously since 1998. Pays 2% of dividends, not much, but they are constantly increasing. Now a large triangle has been formed, its breakdown and retest has occurred (see the yellow circle). The goal is indicated on the graph. I recommend leaving the paper in the medium term (2-5...
Ascending Triangle formed after a 3-month correction. Multiple new support confirmation over the past 4 days.
I am fairly optimistic on this trade, as I particularly like the chart and the risk/reward ratio. This means that I will allocate more capital than usual. We have a target price, however, I wouldn't be surprised if it would go above that.
- Target Entry...
Fastenal Co. FAST, said its board has declared a special one-time dividend of 40 cents a share. The maker of fasteners and tools for industrial use said the dividend will be payable Dec. 22 to shareholders of record as of Dec. 2. (marketwatch)
The indicators are bullish on many timeframes.
If you are interested to test some amazing BUY and SELL INDICATORS, which...
$FAST posted earning almost as expected as PEAD projecting a neutral outlook for the stock, Price is currently trading around the median line of the projected PEAD Cone.
NASDAQ:FAST
Hello, traders.
It's time to show you the shares of FASTENAL Co., a member of the S&P500 index. And that's why.
What's on the chart:
1. Since March, the paper has grown by more than 70%.
2. On the chart clearly visible correction waves, but the paper was not allowed into the short zones, so as not to launch a wave of sales.
If you look...
Earnings intraday trading strategy signal.
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies.
Today the company announced it had beat sales (1.509B, est. 1.47B) and EPS (0.42, est. 0.36) estimates.
I suppose many traders will close their short positions today due to the good earnings...
$FAST is now quite attractively valued and has been outperforming the spy as shown by the yellow fast/spy ratio. Looks like a good support zone down to about $25. Once the market reverses should see strong outperformance. $FAST is another company with a very strong balance sheet with little debt and is consistently profitable.
Basiclly publishing a strong trend and having in mind that we dont have to lose hl .
fastenal cuidando de no perder los minimos anteriores una accion muy fuerte
