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Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the...
This ticker has found its support, and even though it may consolidate a bit, but its probabilities of reaching higher areas is much more likely. If the next earnings report is favourable, then we can see a boost in its move to the target mentioned.
This trade might take a few months to cook
Not financial advice.
As world economies struggle to normalize after bouts with Covid, high interest rates, world wars, global famine, etc. The need for agriculture will always be necessary component of everyday life no matter the location. With major exposure to many countries outside its origin, we can expect for price to stabilize as time passes. With production of good and...
Hey guys,
A Cup&Handle formation on the FMC. If the price breaks out I expect a move into the 140-150$. The fundamentals look strong and institutional investors are piling in.
If you want to know more you can check my profile :)
I am bullish from here.
And what do you think ?
The PEAD projected a Neutral outlook for $FMC after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
The PEAD projected a Neutral outlook for $FMC after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 75%.
FMC Corp. is an agricultural sciences company, which engages in the provision of solutions to growers and development of pipeline in crop protection, plant health, precision agriculture, and professional pest, and turf management. It offers insect control products under the Rynaxypyr and Cyazypyr brands, herbicides under the Authority, Boral, Centium, Command, and...
The PEAD projected a Bearish outlook for $FMC after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
Hey Dudes, FMC can be a very prospering stock and it is currently in an UPTREND although the Analysist shows a SELL rating. Once it drops to the Uptrend Support, it will most probably rise and continue to rise, which allows you to earn over 5%! Grab the opportunity and put FMC in you watchlist! Good Luck in your trading :) Hope this helps you.
Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $134.16
Target Price: $135.50
Stop Loss: $132.52
* Great earnings
* Very strong up trend
* Relative Strength vs. Sector: 5.07
* Relative Strength vs. SP500: 3.23
* U/D Ratio: 1.6, meaning it's under accumulation
* Base Depth: 37.54%
* Distance from breakout buy point: 1.47%
* Volume 22.29% above its 15 day avg
* Breaking out of a 16 month base
Trade Idea:
* You can enter now as the price is really close to...
$FMC has reacted in the 50-61.8% retracement zone of the rally off the March 2020 lows. It has done so in a 3-swing move so it may be an entirely completed correction, a 1-2 of significant degree. A reasonably conservative first target is the 50-61.8% retracement of the correction, though it may eventually go significantly higher than that.
The reason I chose this ticker is due to the fact that XLB (basic materials sector) has fell under 50% stochastic currently sitting at 36%. Since Dec of '20, price has reached near the high of $120 about 4 times. It seems like price is currently testing support and is near a strong support. My daily, 4 hour, and 1 hour time frame matches with the RSI being...
tckr FMC : First target reached (close Gap) and second in sight. Ready to cash in? The next target is the top of C of the ABCD pattern. May move further, may not. Momentum suggests trend maintenance with no burst to the upside. I will be cashing in and moving on. For more on momentum, please read my previous FMC update from last week.
