Fundamentals: Stable growth and growth of funds, but not the perfect stock, but ok. Technicals: 3 Week Tight Area breakout Shallow pb trade w/o volume confirming, but volume may come in later. Channeling up Comment: Expecting a rise to 90 or 100 in 4 months.
Loews Hotels is an upscale hotel chain in the States. I like the chart technically for a break out. I also like its holdings. I think a move into 90-110 dollas is pretty easy as money rotates into cheap assets like it.
Loews Corp (NYSE: NYSE:L ), a diversified financial conglomerate, has reported an impressive nearly 26% surge in fourth-quarter profit, showcasing its resilience in the face of economic uncertainties. The company's robust performance was primarily attributed to higher premiums and favorable market conditions, particularly a rally in U.S. government bonds at the...
And do you want to buy the dip These trends are not looking good. if earnings can't get over 74 and maintain good momentum, it's going to get pushed down to the support trends. Which are quite strong overall. The downside is huge. But it's not like there isn't upside. I'm just not certain the upside to 80 will occur sooner rather than later. Personally, I see a...
L is currently in an ascending channel with bearish RSI divergence. Has broken trendline on smaller timeframe, stoploss at last swing high with target at bottom of channel also could be a bigger move if breaks down out of channel so will be using a trailing SL if it gets there, moving SL to BE when safe to do so.
The PEAD projected a bullish outlook for $L after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 40%.
Idea for L showing low volatility along the smaller line which holds both arms for the right and left shoulders of the inverted H&S The lower trend line contains the Head formation The low volatility on the smaller timeframe is an indicator for a bear move, however on a larger timeframe price looks quite bullish Short term bear scenario, even a buy the dip
Price is in a balance area and will back if be out of the area. Set pending limit orders and dont forget to do riskfree and then trailing stop.
Short on Canada Consumer. Confidence is low and Recent survey indicates they are cutting spending.
The PEAD projected a Bullish outlook for $L after a Negative Under reaction following its earnings release placing the stock in drift D.
Two wedges , facing away from each other, showing symmetry with each other all of this is along a larger trend line in white that is in solid white More of an observational post
The PEAD projected a Neutral outlook for $L after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
Loews weekly chart appears to be breaking out of a volatility contraction pattern , with price coming out of a nice rounded base and aiming for next leg up. I am long shares at $63 and will add as this grinds higher, trade invalidated and stop loss at -8% or $58.05 First price target $66
Emerged = 07/10/20 Breakout = $34.57 Target price = $36.34 Confirmed = 07/13/20 Price = $34.63 Tickeron A.I.dvisor detected a bullish Rectangle Top pattern for stock. This pattern was detected on July 10, 2020 and confirmed on July 13, 2020 . The odds of reaching the target price are 69.69%. Two horizontal lines (top: 1, 3, 5) and (bottom: 2, 4) form the pattern...