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-Long Diageo here! -Are you drunk?Time to go long Diageo. One might argue, i've been drinking too much Johnnie Walker or Crown Royal whiskey or Gordon's gin or Guiness beer to come to this idea... Or something other alcoholic drink from the 200+ different brands Diageo owns. But i have other reasons Fundamentals: Forward P/E is under 14 Dividend is tax-free as UK based company 2025H1 earnings reported an EPS/revenue beat, so turnaround happening Technicals: See picture. 1. RSI divergence on the weekly 2. S2 support level defended in August with strong volume, now we are nearing it again Agressive players can go long here. More conservative play is to wait above the 50 weekly MA and wait for a successfull retest. Disclaimer: 1. Not investment advice 2. I'm long Diageo 3. I'm not drunk, but this can change :)
LSE:DGELong
by totifex
Diageo | DEO | Long at $101.15Diego NYSE:DEO is the owner of alcohol brands such as Johnnie Walker, Crown Royal, Smirnoff, Baileys, Guinness, Tanqueray, Don Julio, Cîroc, and Captain Morgan. The stock has fallen significantly since 2021 due to several factors, such as: post-COVID recovery slowdown; retail/travel disruptions hurting high-margin segments; inflationary pressures raising costs for materials like glass and agave, squeezing margins; consumer downtrading to cheaper alternatives; and macroeconomic headwinds. While tariffs may prolong overall recovery, I do not think it's the end for this company by any means. Factors likely to drive NYSE:DEO stock higher include: Interest Rate Cuts : Expected U.S. rate cuts in 2025 could boost consumer confidence and spending, benefiting premium brands. Lower rates may also reduce debt costs, easing pressure on its debt load. Productivity Initiatives : NYSE:DEO $2B savings program (2025-2027) aims to improve efficiency, margins, and cash flow, potentially restoring investor confidence. Undervaluation : Trading at 17.5x forward earnings (below historical 21x), the stock may attract value investors. From a technical analysis perspective, NYSE:DEO has been riding my "crash" simple moving average zone. While the momentum has a strong downtrend, entry into this "crash" zone typically only happens a few times before a trend reversal. But there is a good probability, that my "major crash" zone (currently in the $80s) is possible before a true reversal. Regardless, without a crystal ball, I am starting to form a position and plan to add more if the "major crash" happens with this stock. Thus, at $101.15, NYSE:DEO is in a personal buy zone with the noted potential for a drop into the $80s due to projected earnings revisions, etc. Targets into 2027: $120.00 (+18.6%) $140.00 (+38.4%)
NYSE:DEOLong
by WorthlessViews
A Bearish Case for Diageo: Breaking Critical Support LevelsThe descending triangle pattern on Diageo’s weekly chart presents a strong bearish signal, suggesting that the stock may be poised for a deeper decline. Historically, descending triangles indicate mounting selling pressure, and with price action nearing critical support levels, the risk of a breakdown is significantly high. Currently, Diageo is approaching key lows last seen in 2020, around 2050, a level that previously acted as a strong support zone. However, the confluence of technical factors suggests this support may not hold: 1️⃣ Fibonacci Retracement Confluence – Just below 2050, the 2026 level aligns with a key long-term Fibonacci retracement. While this could act as a temporary support zone, the broader technical setup suggests further weakness. 2️⃣ The Psychological 2000 Level – Round numbers often serve as psychological barriers in the market, but with a descending triangle breakdown, this level may fail to provide meaningful support. 3️⃣ Measured Move Target: 1875 – When analysing the height of the descending triangle pattern, its projected move suggests a breakdown well beyond the above-mentioned support levels. A clean breach of 2050 could see a swift move lower, with 1885 emerging as the next major target. With the weight of these technical indicators aligning, the path of least resistance appears to be downward. Unless Diageo finds an unexpected catalyst for recovery, breaking these key levels could trigger further selling momentum, forcing the stock into deeper correction territory. Traders and investors should approach this setup with caution, as the evidence strongly favours a bearish continuation. 🚨📉 N.B. Understanding the Descending Triangle Pattern A descending triangle is a bearish chart pattern that forms when the price action is characterized by a series of lower highs converging towards a horizontal support level. This pattern signals increasing selling pressure, as buyers fail to push prices higher while sellers continuously drive prices downward. Key Features of a Descending Triangle 1️⃣ Horizontal Support Line – The price consistently finds support at a particular level, creating a flat base. 2️⃣ Lower Highs – Price fails to reach previous highs, forming a descending trendline. 3️⃣ Breakout Expectation – A descending triangle typically breaks downward once sellers overwhelm buyers at the support level. 4️⃣ Volume Decline & Expansion – Volume usually declines as the pattern develops and increases significantly at the breakout. ________________________________________ How to Measure the Descending Triangle To predict a potential price target, traders measure the height of the triangle and project it downward from the breakout point. ✅ Step 1: Identify the Pattern • Find the flat support level where price repeatedly bounces. • Draw a descending trendline connecting the lower highs. ✅ Step 2: Measure the Height • Take the distance from the highest point of the triangle (initial peak before lower highs start forming) to the horizontal support level. • Example: If the high of the triangle is 2675 and the support level is 2275, the height is 400 points. ✅ Step 3: Project the Breakdown Target • Once price breaks below the support level, subtract the measured height from the breakdown point. • Example: If the breakdown occurs at 2275, then: o 2275 - 400 = 1875 (expected price target). ________________________________________ Confirming the Breakout 📉 Bearish Confirmation: • A daily or weekly close below support, ideally with an increase in volume. • Retests of the broken support level that now act as resistance. ⚠️ False Breakouts: • Sometimes, price may briefly dip below support and reverse higher. • Confirmation is key before entering trades based on the descending triangle pattern. ________________________________________ Final Thoughts A descending triangle is a powerful bearish signal, particularly when seen in downtrends. Traders use it to identify potential breakdown opportunities and set realistic price targets. Risk management is crucial, as false breakouts can occur, and waiting for confirmation increases the probability of a successful trade. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
LSE:DGEShort
by The_STA
peeking at $DEO 24hr chart after its earning.Diageo plc is a British multinational alcoholic beverage company, with its headquarters in London, England. It operates from 132 sites around the world. It is a major distributor of Scotch whisky and other spirits. Distilleries owned by Diageo produce 40% of all Scotch whisky with over 24 brands, such as Johnnie Walker, J&B and Old Parr. Its leading brands include Guinness, Smirnoff, Baileys liqueur, Captain Morgan rum and Tanqueray and Gordon's gin.
NYSE:DEO
by KhanhC.Hoang
Diageo plc (DGE.l) bullish scenario:The technical figure Triangle can be found in the daily chart in the UK company Diageo plc (DGE.l). Diageo plc is a British multinational alcoholic beverage company. It is a major distributor of Scotch whisky and other spirits. Distilleries owned by Diageo, produce 40% of all Scotch whisky with over 24 brands, such as Johnnie Walker, J&B and Vat 69. Its leading brands include Johnnie Walker, Guinness, Smirnoff, Baileys liqueur, Captain Morgan rum and Tanqueray and Gordon's gin. The Triangle broke through the resistance line on 23/03/2023. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 15 days towards 3 739.00 GBX. According to experts, your stop-loss order should be placed at 3 438.50 GBX if you decide to enter this position. If you believe that markets are even vaguely efficient, then over the long term you'd expect a company's share price to follow its earnings per share (EPS) outcomes. That means EPS growth is considered a real positive by most successful long-term investors. Diageo managed to grow EPS by 7.3% per year, over three years. While that sort of growth rate isn't anything to write home about, it does show the business is growing. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals and cannot be held liable nor guarantee any profits or losses.
LSE:DGELong
by legacyFXofficial
Diageo bearish. DEOGoals 190, 186. Invalidation at 239 We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
NYSE:DEOShort
by Rykin_Capital
DGE BUY @2400 or lowerH&S Pattern Currently trading at around 20 P/E, at around 18 (2400p) or 15 (2000p) would be a very good opportunity Dividend yield of around 2.7% provides a very stable opportunity considering how safe and well run this business is Scenario 1 - Follow the flag pattern, resort to trendline @ 2400 levels + potentially venture lower? (In which case the lower we go the more attractive it is to invest) OR Scenario 2 - Edge higher to approx 2700 before making the pullback to 2400 or lower levels
LSE:DGELong
by XJ19YDN
2
Diageo Defensive stock bullish rally IdeaIn the past few months with the rise of Corona virus Diageos stock price has really taken a hit with profit losses for the leading spirit making company. Asia is in lockdown due to the virus and othewr consumers around the world are also suffering causing Diageo to take a real bad hit. However this stock is classed as defensive due the fact of even in hard times people generally seem to opt for alcohol or cigarettes etc it is rare to see huge movements to the downside like we are seeing so that is why i am predicting upside movement soon. With the weekly trend line constantly tested over the past few years the long term bias definitely indicates strong bullish movement. Confluences for this trade 1.Weekly trend line constantly tested. 2.Multiple time frame confirmation of bullish movement 3. Price is currently at a previous support level and key area of price. 4.Defensive stocks RARELY see huge movements to the downside with exceptions of a global scare like we are seeing right now with the corona virus. Please Like and share this idea
LSE:DGELong
by UnknownUnicorn3360638