PBI had great runup off the lows. nearly 14x from the covid lows.
Its been in bearish direction since 1999. Highly unlikely it will return to new ATH, not anytime soon, but market may decide differently.
At the moment, can see a bearish sequence in play, makes for excellent counter trend trading in between the bounces for some quick fast profits and short term...
NYSE:PBI
Possible Scenario: LONG
Evidence: Price Action, Break out possibility
This is based my new approach for finding break-outs candidates, I'm testing this strategy, so be cautious, this is different to my ordinary approach. GL
This is my idea and could be wrong 100%
Pitney Bowes (NYSE:PBI) has been on a nice uptrend recently and could be ready to breakout after strong volume in the last trading session. I wouldn't be surprised to see this stock trade back to $10 or better in the short term.
🟢 $PBI Target 11.97 for 27.07%
Or double position at 6.71
I like this one… I have an open order to add around 9.42 if it comes back down…
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as...
$PBI Target 12.41 for 30.08%
Or next add level is at 6.67
I like this stock... Plus... a DIVY ☺️
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your...
MACD crossed a few days ago and yesterday's candle tested the .23 fib level before pulling back.
The proximity to the 9 & 20 EMAs in addition to the POC (Feb 1.) makes this a low risk entry point. Also, fundamentally with value becoming more popular in recent weeks this one may have room to make a prolonged run to recent highs.
Resistance possible at $9.94
T1...
longtime down channel and broke out.
1st fib extension showed target of ~ $10 --> taken out.
new fib with retracement to green line and expected target of green line. ~ $17.
Some fuel from Seeking Alpha article. Some from earnings.
on its way down now (lower highs and lower lows), but if it bounces off of $6.81 and heads back up (higher highs and...
Pitney Bowes jumps on positive pitch from Seeking Alpha contributor
Pitney Bowes (NYSE:PBI) gains 40% after a Seeking Alpha contributor writes that the stock is "significantly" undervalued vs competitors and a break up or sale of company would unlock value.
Expects PBI's global e-commerce business to be profitable for first time ever when earnings are released...
Trending up: NIO, MICT, REKR, CRON, DASH, HERO, SNE, AESE, ZNGA, BOTZ, GE, MVIS, DENN, NKLA, ROKT, NNDM,
Trending down: JBLU, PBI, ACB, UA,
Consolidating: SAVE, JETS, NCLH, CAN
Today's notes will be on the Stock list of trending companies for the month of January. Many companies like NIO have been showing strong signs of progression. The electric car company...
Weekly downtrend Channel breakout
Retest trendline
Price above SMA100
Entry 6
Stop 4.5
Target 10
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
