PH: parker-hannifin corp 2018-07-17 04:53:01 Detected possible contract win
Recently published a daily chart for PH that shows a breakout buy setup. RSI looks like it may come back to test its trend line. I would buy if RSI broke out along with Price action on heighted volume. Personal Note----> Note that the RSI has not "reset". Will the potential break be of significance? ^If you are wondering what this means it is a long story....
Actually some decent characteristics coming together for this chart. RSI has a top side resistance line that it is nearing. Today it closed at its "uniform action" line seen in the green. Look for a break of the green line first. This could be a level 1 entry. A level 2 entry on the top side resistance line break. Obviously we are looking for volume at the...
Bearish up-thrust with high volume, forming a shooting star candlestick pattern on 24th Apr 2017
idea is run to 125 area for start what will depends from buying pace after setup. Trading plan is based on 60 min triangle
PH came to a previous untouched support level and it looks like it has reversed at this level to go higher in the future.