IR continues to print new All Time Highs.
We might get a pullback here or soon.
Lets see how it reacts at this resistance.
$ 94.84- 95.14 is the immediate resistance.
$ 99.90-100.35 will be obviously difficult.
$ 73.08- 73.38 the dream long term entry.
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Ingersoll Rand Inc. (NYSE: NYSE:IR ), a renowned global provider of mission-critical flow creation and industrial solutions, has taken significant strides to fortify its business resilience through two strategic acquisitions: Controlled Fluidics and Ethafilter s.r.l. These acquisitions mark a pivotal moment in Ingersoll Rand's growth trajectory, solidifying its...
Ingersoll Rand has barely moved for about six weeks, and some traders may look for its uptrend to resume.
The first pattern on today’s chart is the February 16 high of $92.32, immediately after the last earnings report. The industrial stock remained below that level for more than month. It pushed higher for about two weeks before coming back to hold the same...
Reasons for bullish bias:
- Simple DOW theory
- Safe entry will be above 84.44
Entry Level(Buy limit): 80.12
Stop Loss Level: 73.64
Take Profit Level 1: 86.6
Company: Ingersoll Rand Inc.
Ticker: IR
Exchange: NYSE
Sector: Industrials
Introduction:
In today's technical analysis, we turn our attention to Ingersoll Rand Inc. (IR), a key player in the Industrials sector, listed on the NYSE. The weekly chart is demonstrating a potential Cup and Handle formation, a well-known bullish reversal and continuation pattern....
The PEAD projected a Bullish outlook for $IR after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
Up trend has been solidified with this clean resistance turned support
The support area is shown with the up arrow
Bars pattern placed is just to show my bullish expectations on this weekly chart
ESG (Environmental, Social and Governance) is a buzzword in the investment community that has begun to pick up steam. Will the dollar continue to appreciate giving a buffer for US spending bills and a liking for stocks with a lot of domestic potential? Time will tell. Good luck trader
$IR setting up a nice cheat around its 50 MA after breaking out in November on earnings. Held up well with volume pattern looking strong and showing signs of accumulation.
* Strong earnings quarter over quarter
* General up trending
* Trading at higher than average volume
* Potential to give +16% ROI
Trade Idea:
* If you're looking for a discount look for buying opportunities around $51.61
* This is trading at higher than average volume so there are chances that it may continue going up. If you're not so much of a discount...
IR: Ingersoll Rand Inc.
2021-09-01 16:30:00
Ingersoll Rand Enhances Comprehensive Capital Allocation Strategy Anchored by M&A; Plans to Initiate Dividend and Authorizes New Share Repurchase Program
Attention has focused on growth stocks for the last two months. Now could be the time to return to industrial names like Ingersoll Rand.
The manufacturing conglomerate has gone nowhere for over five months. However it made a series of higher lows since mid-June while holding below $49.50. The result is a bullish ascending triangle, which now appears to be...
Ingersoll-Rand is basing right below ATHs in an inverse head and shoulders base. A breakout will most likely send the stock into all time high territories.
Ingersoll-Rand Inc (IR)- MANUFACTURES, MARKETS, AND SERVICES FLOW CONTROL EQUIPMENT, VACUUM, INDUSTRIAL COMPRESSORS AND PUMPS.
According to my screener, and historical profiling, and tracking past 8 Friday's performance, and listening to people smarter than me....
This may make a move for ATH today. Thinking of grabbing early for the potential to run. I will watch the open to see how it shakes out. It has a bull pennant and other screeners have said now is the time.
IR showing continued strength today with a gap up off of an accumulation around $47 support area. More news of Biden's trillion dollar tax plan. I plan to add to the position as it clears technical supports at 50, 50.6 and 51.6. I like a stop loss at 48.7 for shorter minded trades and 46.8 for medium-longer range. Cheers and good luck to all the gamblers our...
