Corrective downtrend wave has endedNYSE:VRT is looking at a strong bullish upside after the ABC corrective wave has ended. Strong bullish break above 83.26 confirmed the upside.
VRT trade ideas
Update: Trade closed $138 $VRTOne of my best performing single name equities of 2024 - $NYSE:VRT. I've closed most of this trade because it has swollen to be a larger portion of my portfolio than was intended, i.e. portfolio rebalancing. I will keep VRT on my watchlist as a new leader in the AI infrastructure category and a YTD leader overall. I will shop for pullbacks to the 18, 21, and even 50 day moving averages, or a new pattern development -- the latter would take at least several weeks from now to form with enough duration for me to be interested.
My goal is to lock in this profit and to not give it back.
$VRT Head and Shoulders Failure Signal Note: I am LONG NYSE:VRT
A Head and Shoulders failure pattern occurs when prices break below the neckline, suggesting a potential reversal to an up-trend; however, the move lower does not gain traction. Instead, prices drift higher until trading above the previously defined Right Shoulder high.
My long entry triggers when price > right shoulder high, which invalidates the bearish setup, and signals a continuation of the up-trend as trapped short sellers are forced to cover. Often times, this amplifies the momentum in the move higher.
Past performance is not indicative of future results. Opinions are not positions, and vice versa.
VRT heads up at $125 then 132: Golden Genesis Fib gave us >50% This is a follow up to my $83.69 Entry Call (click).
VRT launched EXACTLY from our Golden Genesis entry.
We have just hit a local golden for booking 50% profits.
We can look for one more push to next Golden Genesis.
$125.91 is the exact level to book some profits.
$132.49 is the next major target to sell the rest.
$120.96 will serve as a stop loss shield if trailing.
Previous Analysis and Entry Call:
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VRT pullback from $101 to $87MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
Bonus if a TTM Squeeze in in play.
I hold until target is reached or end of year, when I can book a loss.
So...
Here's why I'm picking this symbol to do the thing.
Price at top or near top of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
TTM Squeeze is off
TTM Squeeze momentum is above former high
VBSM is above former high
Impulse MACD is above former high
Price at near Fibonacci level of $102
In at $101
Target is $87 or channel bottom
VRT sitting at key resistance level. Downside targets indicated.VRT sitting at key resistance level. This analysis is for informational purposes only and not a financial advice.
VRT eyes on $83.69 for Major support: Golden fib booster?VRT looks to be resuming uptrend.
Now retesting a Golden fib at $83.69.
This could be the start of next leg up.
Vertiv Holdings (VRT) AnalysisCompany Overview: Vertiv Holdings NYSE:VRT is strategically positioned to capitalize on the increasing demand for data center infrastructure, with a particular focus on edge computing and the expanding 5G networks. As companies across various sectors accelerate their digital transformation, Vertiv's role in providing critical infrastructure solutions, including liquid cooling technology, is crucial for the operation and efficiency of modern data centers.
Key Catalysts:
Edge Computing & 5G Growth: The rise of edge computing and 5G networks increases the need for efficient, reliable data center infrastructure, a core competency for Vertiv.
Critical Infrastructure Expertise: Vertiv's leadership in liquid cooling and other essential data center technologies will be increasingly in demand as data centers evolve and expand.
Energy Consumption in Data Centers: With U.S. data centers projected to account for a growing share of electricity consumption, Vertiv’s infrastructure solutions—designed to enhance energy efficiency and optimize operations—are expected to become even more vital.
Digital Transformation: The ongoing shift toward cloud services, AI, and machine learning will fuel greater data center demand, benefitting Vertiv’s business model.
Investment Outlook: Bullish Outlook: We are bullish on VRT above $89.00-$91.00, driven by its market-leading solutions in data center infrastructure and strong growth potential. Upside Potential: Our target range for VRT is $140.00-$145.00, reflecting the company’s strategic position in critical growth sectors like 5G, edge computing, and data centers.
🚀 VRT—Leading Data Center Infrastructure into the Digital Future. #DataCenters #EdgeComputing #5G
$VRT #CupNHandle Short Term Price Target; $93Get yourself some late summer Wizard JUICE! #CaprisunPOUCH
Short Squeeze of Tech into Sept OPEX feels like the play / setup
VRT looks rideable up to $93-94 over the next few weeks...
Cup n Handle ON THE FIB LEVELS aka "What we look for!"
- Prophecies
VRT breakout VRT has been an incredible stock. It's moving like it would have cured cancer or saved the world. 50EMA nice support, now closed above trendline and also 20EMA. Great trend, and hopefully it keeps running back to the 108 and more. I'm long as of now.
VRT to see ATH before topping?So this seems to be going against most forecasts at the moment, but it looks too good to not consider. How I see it, we are in an impulse wave, and have started wave 5. Now full disclosure that I am not an expert (may just be a beginner) at Elliot waves. But so far as I have read, we look to be checking all the requirements of the impulse wave, which makes me believe, we are in wave 5 and headed for an ATH:
Rule 1: Wave 2 is not retracing the whole Wave 1.
Rule 2: Wave 3 is above wave 1
Rule 3: Wave 1 is the shortest wave of all the major waves
Rule 4: Wave 4 is not coming in the territory of Wave 1
Rule 5: Wave 5 is more than 38.2% retracement of Wave 3
Rule 6: Wave 5 is the extended wave of all the impulse wave
Rule 7: Wave 2 and Wave 4 are obeying the rule of alternation (price, time and pattern alternation)
I would love an Elliottician's take on this though, so do give your comments.
Bubble BoyPretty straight forward on this one - these violent delights have violent ends.
- Target 1 = 81 by end of May 2024
- Target 2 = 72 by end of June 2024
- Target 3 (goal target) = 63 by end of August 2024.
"They call me bubble boy, they call me chicken little"
~blonde dude from drive
Vertiv Spikes 14.6% On Earnings Report Vertiv ( NYSE:VRT ) has ignited a market frenzy with its stellar earnings report, soaring 14.6% to unprecedented highs. While Vertiv ( NYSE:VRT ) isn't a direct player in the artificial intelligence (AI) sector, its pivotal role in providing critical infrastructure for data centers positions it at the forefront of the AI revolution.
With a staggering 79% surge in earnings and a remarkable 60% increase in organic orders, Vertiv's performance underscores the exponential growth in demand for data center solutions. This surge not only bodes well for Vertiv but also signals a broader trend in the AI market, benefiting tech giants like Nvidia (NVDA), Super Micro Computer (SMCI), and Broadcom (AVGO).
As AI applications continue to proliferate across industries, the need for robust data infrastructure becomes paramount. Vertiv's ascent reflects the indispensable role it plays in supporting the backbone of AI technology, positioning itself as an essential player in the digital transformation era.
Investors eyeing the AI sector should take note of Vertiv's meteoric rise, recognizing the symbiotic relationship between data center infrastructure and AI innovation. With Vertiv at the helm, the data center boom offers a compelling opportunity for growth-minded investors seeking exposure to the AI revolution.
Technical Outlook
Vertiv ( NYSE:VRT ) stock is up 14.36% trading above the 200-day Moving Average (MA) with a Relative Strength Index of 64 indicating bullish momentum and room for further growth.
VRT: Flag down 64,54 back upyes maybe
It has some variances in simply the biotechnology side but the chart pattern is strong.
I will short VRT in the second half of FebruaryI plan on initiating a short position few days before or after earnings (Feb 21):
- price is overextended (daily, weekly, monthly)
- long term resistance trend line broken to the upside with ease but not retested yet
- retail activity extremely high
- retail sentiment extremely bullish
- Put/Call ratio highly in favor of Calls
BUT in the past few days, as the price increased, more Put contracts were opened
meaning that some investors started building short positions while retail traders continue to buy massively.
I would love this to:
- continue to increase until earnings, in this case I will short before earnings announcement
- see an insider selling shares, which would increase my confidence in this potential short
If it corrects before earnings, I will short any pop that happens after the earnings announcement.
I keep an eye on:
- the 55 level
- retail activity and sentiment, I would like them to be as high as possible by the earnings date
- insiders activity
- options open interest
VRT a run up into earnings?VRT has been on a tear lately and they are expected to have good earnings. Vertiv Holdings, LLC Class A Common Stock is expected to report earnings on 02/21/2024. Not financial advice, DYOR...
This is the facts according to Zacks.com
Vertiv Holdings Co. (VRT) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this company have returned +24.5% over the past month versus the Zacks S&P 500 composite's +6.5% change. The Zacks Computers - IT Services industry, to which Vertiv Holdings Co. belongs, has gained 11.9% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate Revisions
Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, Vertiv Holdings Co. is expected to post earnings of $0.53 per share, indicating a change of +89.3% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $1.74 points to a change of +228.3% from the prior year. Over the last 30 days, this estimate has remained unchanged.
For the next fiscal year, the consensus earnings estimate of $2.22 indicates a change of +27.6% from what Vertiv Holdings Co. is expected to report a year ago. Over the past month, the estimate has remained unchanged.
$VRT Flat Base Breakout?I traded NYSE:VRT about 3 weeks ago on the break above the declining trendline shown on the chart. It had a lackluster move, so I closed it out for 1.12 profit per share over a 2-week span, too slow for me.
Yesterday saw a lot of buying on big volume. I wanted to wait until this morning to see if there was going to be any follow through. Yes, it happened so I have started a new ¼ size position with the day low as my stop. With all that volume I am looking for this to be a sustainable breakout, but I have that stop in case I am wrong. If I am correct, I will look to add on any pullbacks to the moving averages.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
$VRT Good stock to buy with minimal riskStock is bouncing off of major moving averages. If you buy here put stop below $35 NYSE:VRT
2023 True Market Leader - Does it has more potential? VRT has been up more than 200% since late April 2023 bottom, demonstrating key true market leader characteristics in terms of price advance, volume profile and fundamentals.
Look at how well and orderly price was following along the 8 EMA and later 21 EMA since the break-out from a large 195 days base (with two unfilled gaps first in Apr and in later in May).
On the fundamental side, one my notice:
Exceptional relative strength to the SNP500;
Top EPS and IBD Composite Index;
Triple digit growth in analyst estimates for EPS for 23 and double digits for 24;
Jaw-dropping triple digits earnings growth for 3 qrt in a raw;
Continues double digits sales growth;
Improving ROE;
And doubling amount of institutional sponsorship by Sep23;
Management owns 10%
I don't have reliable ElliotWave pattern on VRT, but from the market symmetry concept, I see the next important macro resistance zone at 47-51 area, where 47 is the 100% extension of the move from the bottom of 2020 to the top of 2021.
The history of true market leaders teaches us, that the stocks the doubles and triples have a higher historical odds of doing it again in the next bull-cycle.
It this correction in the indexes is over and the general market has a plan to continue its advance in Q4, my thesis is that VRT shall continue being the top choice for the growth investors and trader.
Trading parameters:
actionable if price breaks out the 39 pivot with volume. Short-mid term long thesis is wrong bellow 36 and fully invalidated bellow 35 areas.
VRT: Bullish Pennant, Confirmed (69,24%)(30/1000)(29/1000)
Bullish Pennant pattern on the weekly for VRT. Confirmed
69.24% possible gains.
VRT is part of the S&P industrial sector which is currently building a huge ascending triangle. Not confirmed yet though.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0 and climbing
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in blue
8- Descending volume during pennant forming
9- Volume during post forming
10- ATR ascending, more volatile
Cons:
1- No volume increase at break out
Target price is 58,02$
Stay humble, have fun, make money!
MAAX
Will it come back?I'm holding this industrial stock in my long term portfolio. Looks that is going to break up the triangle. First target would be at $15.6 but I'm holding this one for the months even years to come. I thing it has great potential to the upside.
VERTIV HOLDINGS CO OfferHey guys, VERTIV HOLDINGS CO is in a fake bearish push with a strong sell volume issued and a kind of upside down hammer candle. On the TIMEFRAME M1 we see a hammer candle with a fake sales volume it will go towards its last lowest. Who is outside the stabilization zone make their trend reversal to come back to test the base. Then the VWAP and access the top of a compression zone in order to go to the top of the zone to check it.
Great possibility of breaking out the price with the return of purchase volume at the same time the zone to arrive in another and to climb on the next high. Before the breakout of a stabilization zone to reach the top of the bullish channel and the symbolic number of 22.00 is required.
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