Dear traders,
Id like to share this idea in order to take long positions.
70 - 75 $ is is a good price range to look for buying opportunities.
Additionally RSI is clearly oversold and prices already went down quite aggressive.
best,
Formed a great inverted H&S and retested the neckline with a solid bounce. Would look for this to continue to the 92ish range. Play with the Jan 19 '24 - 87.5/90 Bull Call Vert for better rish/reward.
The PEAD projected a Bullish outlook for $CHRW after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
* Great earnings in the recent quarters
* Strong up trend
* High 3-month relative strength of 3.82 in the Industrial sector
* Has a U/D Volume Ratio of 0.94 (ideal would have been > 1)
* Pays out a generous dividend
* Breaking out of its ~17 month base
* Due to the recent volatility it had a slight pullback after its previous breakout
* Has been holding up really...
CHRW nice VCP Pattern breakout of 100 zone resistance.
Call buyer whale MAY 105 and 110 strike , about $1.8M in premium.
Bullish confluence in indicators, EMAs opening and trending up.
Price Targets $113 and $119 - .5 and .618 FIB levels
Based on historical movement, the peak could occur anywhere in the larger red box for which we are due. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on October 19, 2021 with a...
Here you go, a great trading opportunity based on level of rollback, waiting for the stock to make a false breakdown first
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This has a lot of positive attributes. I bought calls on it from an alert trigger and already booked profits.
Now I would like to grab some commons. I would set a tight stop loss but target is 10-20% in 5-15 days
Stochastic, MACD and ATR are all supportive
I like the strong technical indicators on this.
Stochastic has plenty of room to boom, MACD is primed and ready to go. ATR could not be better and bull pennant #2 is formed.
Alerts are set for detection break up or down
With earnings out of the way and the economic recovery underway, this laggard may have room to improve. Also showing rate of change divergence.
Reward/Risk: 3/1
Entry: 90.00 or at a lower price
Stop: 84.00
Target: 108.00
