11-days ago, we recommended a long position with details of option trade recommendation. The target price has been hit and price bounced off 147.50. Our target price was $147. Congratulation! If you liked this trade, follow us more to come!
Friday, took a small position as noted on the chart. If you decide to go in, add above 50% 141.66 area with target price $147 area. Since earning, and the overreaction of traders, we put the stock under our radar, there was no major pattern that formed but from weekly chart, price bounced off from ascending support trend line, and was a good indication that the...
This stock is coming out of oversold -80 on Williams % R. MACD histogram isn't looking too pretty but if it can close above the trend line it might rally further. One might also want to wait until it breaks the high of $161. The last relative high was lower than the previous high.
Fundamentals show strong market share for diesel engines. The increasingly high...
CMI is a classic example of a stock in a box, currently the stock is testing the upwards end of this range, breaks of these boxes can be very powerful moves as this consolidation period has everybody waiting to see the direction it breaks in, look for some follow-through here in the next few weeks, if it breaks to the upside with strong volume then this stock is a...
Looks like a Crab.
Daily time frame shows a pennant formation, while weekly presents a hanging man with downside follow through.
Ugly Double Bottom also appears to be in play for 141.16 (pennant is around the same target)
