Notes:
* Strong up trend on the higher time frames
* Strong earnings track record
* Basing for the past ~15 months
* Increasing volume on the monthly and weekly charts
* Currently breaking out, with volume, of a long germ pivot of 242.64 on the weekly chart
* On the daily chart it broke out, and retested that pivot as support while also pulling back to its...
The PEAD projected a Bullish outlook for $NDSN after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 60%.
The PEAD projected a Bullish outlook for $NDSN after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 90%.
2 Positive earnings reports, new highs, with more room to go! This stock should stop no shorter than $250-$252 in the coming days. This a momentum play, follow the energy until it starts to breakdown.
THIS IS NOT FINANCIAL ADVICE!
Hello traders, NORDSON CORP is in a fake bearish configuration with a fake return of sell volume executed. Looking at the TIMEFRAME M1 we notice a dash with a low volume of purchase made, she came to test the VWAP to return. Based on the bollinger and access the top of the balance area to chick it again. It is very plausible to breakout the price with the return...
$NDSN put in a bearish engulfing candle on Friday. I'm watching to see if we break below the trendline. If so, price may pullback to the 198-200 range before moving higher.
The PEAD projected a neutral outlook for $NDSN after a negative under reaction following its earning release placing the stock in Drift D
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Nagarajan said, "Though our performance through the first half of the year has been solid considering the impact of COVID-19 on the global end markets we serve, and we have a strong backlog heading into the second half of the year, we have seen a softening in order trends over the last six weeks. This is a dynamic environment, making it difficult to accurately...
NORDSON is continuing its nice run post its earlier breakout through that traditional resistance area. Trade / manufacturing fears lessening has been in its favour. Might be worth a look.
Nordson Corporation engineers, manufactures and markets differentiated products and systems used to dispense, apply and control adhesives, coatings, polymers, sealants,...
Strong breakout on high volume but advisable not to chase the rally, technically a retest is very possible which will present a better opportunity.
Indicators reaching overbought levels.
P/E ratio 27 high.
Company profile
Nordson Corp. engages in the engineering, manufacture and market of products and systems used for adhesives, coatings, sealants, biomaterials...
=====Entry level $139-Target price $149=====.
COMPANY PROFILE
Nordson Corp. engages in the engineering, manufacture and market of products and systems used for adhesives, coatings, sealants, biomaterials and other materials. It operates through three segments: Adhesive Dispensing, Advanced Technology, and Industrial Coating Systems. The Adhesive Dispensing...
In the past few weeks, the rose tinted glasses have come off investors and selling has intensified, in particular companies with exposure worldwide and in China have been hardest hit. In NDS NASDAQ:NDSN last earnings report it missed on the top and bottom line. We do not see much reason to expect anything different this time round, the company has increased the...
