Reading the weekly stock picks from Stockdweebs.com and giving my thoughts
The PEAD projected a Bullish outlook for $INTU after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
Even though we are making higher highs we are over bought on weekly with daily showing exhaustion w/ equal highs. Divergence is getting worse as the price moves up. Daily has sell signals galore. Target 494
Seasonal Screener: Buy Signal for $INTU #INTU shows a bullish seasonal pattern between 28th December until 22nd February. Historically Intuit Inc was up 14 out of last 15 years. With an average return of 5.08 % for that period.
Look into INTU, good fundamentals, great break above, backtest success as well
INTU gapped up and held today when the rest of the market failed. Tomorrow it needs to pick a direction. Above $674 I will be taking 680C two -four weeks out. Put will trade nearest ITM on weeklies
INTUIT has had an amazing run up from earnings and since has been trending in an inside week - Below $663 i will be taking it short down to $648 potentially to $631. The volume is holding but it may take some time so i like to get PUTS at least 1-2 weeks out.
The PEAD projected a Bullish outlook for $INTU after a Positive over reaction following its earnings release placing the stock in drift D with an expected accuracy of 60%. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
#INTU has been constantly trading in this upward channel, breaking above it recently and with an awesome earnings report skyrocketed based on the chart one can expect it run back down to within the channel or if it builds strong momentum it will be interesting to see if it can keep going however my money is on a short term PUT option. check out...
INTU looks ready to break into new all time highs. RSI is very bullish but not over extended yet. Good chance this gaps up over resistance tomorrow at open. $585 is my first target price. May wait to get in on a break and retest of resistance.
The PEAD projected a Bullish outlook for $INTU after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
plenty of bounces off this bottom trendline support I have.. my guess is we will see another bounce off it in the near future! look for a dip entry around 550, stop loss 535-540 after entry and price target 580-600+. goodluck ! :)
The PEAD projected a Bullish outlook for $INTU after a Positive Under reaction following its earnings release placing the stock in drift A If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Interested to go logn on a pullback to the green box.. Targets would recent ATH and extension from high. Trade dead below green box.
INTU - Inside bar after bearish engulfing on supply zone
Every April Intuit gains 10, 20% maybe 30% this year. There is a gap and it can be filled every gap in intuits chart has been filled since 2017. this might not be filled as it is far down thee but the charts say the price is ready to drop. Short term bearish long term bullish I will set a ladder buy from 365-325 in increments of $5 down to the gap.