Air Products and Chemicals is Printing a Possible Cup and Handle Pattern which is Bullish.
By switching to a simple Line Chart reveals the possible pattern.
Doing this helps me to remove some Candle Clutter and see the bigger picture.
Failure to complete the Handle part will Invalidate the Pattern.
Should you appreciate my Chart Studies, Smash That Rocket Boost...
Conservative Trend Trade 5F
+ long impulse
+ SOS bar
Calculated affordable stop loss
1 to 2 R/R below 1/2 monthly zone
Monthly chart context
+ long impulse
+ biggest volume T2 level
+ biggest volume manipulation
Start building position, will add more after there's a set up on inferior timeframe.
Aggressive Trend Trade 5.2F
- short impulse
- unvolumed T1
+ volumed 2Sp+
Calculated affordable virtual stop loss
Adding to my swing position 1/6 of a desired quantity
Hourly chart context
+ long impulse
+ SOS level
+ support level
+ 1/2 correction
I have no idea what this is.
All technicals
They look good into earnings.
Potential to see a breakout under the tiny trend, and catch support at the tiny trend just under that one. It can easily breakout of the downtrend on earnings, and the projection to the upside is pretty decent.
Worth looking into if you play earnings. Especially if it starts to hit price...
Analyzing the financial metrics and market dynamics of DuPont de Nemours, Inc. (DD) and Air Products and Chemicals, Inc. (APD) provides valuable insights for investors evaluating their investment portfolios.
Reasons to Consider Buying DD Over APD:
P/E Ratio: DD's P/E ratio of 6.45 is markedly lower than APD's P/E of 25.08, indicating that DD may be...
It one of the best fundamental and technical stocks I see.
with 20 years of good performance
amazing year-to-year increase in the last 8 years they almost triple their eps with 8.85 at 2014 to 25.98 at 2022
they also almost double their revenue with 73b at 2014 and 140 at 2021
-she almost doubles their division dividend
-debt to equity and debt to total assets...
now everyone is looking at the price of gas, however, I assume that the cost of APD will be 242 by the beginning of January, and in March it will be below 200. If we look at the chart, starting from November 2020, APD has a downward trend. tops down, lows down. Resistance at 290, support at 240, when we break 240 there will be a very strong drop to 200, I suggest...
Th price action remains above its 200-week simple moving average.
Furthermore, a price action above 248.50 supports a bullish trend direction.
Further bullish trend support above 250.00.
Consolidation price range from 251.00 to 256.50.
Crossing above 256.50 (200-day), might target 264.50 as the next target.
Remains a very risky trade.
APD is presenting a nice short setup !
APD is most likely is inside wave 5 of 3 or C and also most probably has completed wave 1 and 2 of this mentioned wave 5 ( shown as V in chart) and currently is in wave 3 of 5. What all these means? Meaning is a decline down to first and probably second target shown on the chart is on the way.
In spite of nice short...
Hello guys
According to the chart you can see the price is moving downward trend and it has need more correction to have good R/r then we have permission to take short position until the target.
You should take signal at first then dont forget use stop loss and observe to your capital management.
Take a look on volume guys dont forget to check it, And dont...
Plotted are three different fib series of 3 different waves.
It is the confluence zones that are of most interest to us.
Currently well below pre-Covid highs, so LOT of room up.
$ 232.22-233.28 is the KEY resistance to break and hold.
$ 246.02-247.32 is the next Minor resistance for first stop.
$ 266.64-271.73 is the MAJOR resistance for taking profit.
Adjusted P/E is a little expensive right now (29.64 v. 30 norm 5Y and 23 Norm 10Y).
With yield theory, it's at the yield that it was at in 2016, which is attractive.
With OCF, it's at fair value with Blended P/OCF 18 vs. 5Y 17.97.
OCF growth rate 7.6%. Earnings growth rate 10%.
It's perfectly fine. DOW and CC might look better. Bottom of the channel is a solid...
