About 45 trillions of assets are run on the technology provided by SS & C company. Its financial services and health operations have received good feedback from its clients. The principal aspect of this company’s strategy is organic growth and scaling through acquisition which is a double edge sword for a software company as such.
So why are we bullish about...
The PEAD projected a bullish outlook for $SSNC after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
The PEAD projected a Bullish outlook for $SSNC after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
* Excellent earnings and accelerating
* Very strong up trend since inception
* High 3-month relative strength in the Tech sector
* Breaking out of a ~5 month base creating a cup and handle pattern
* Depth of the cup is ~15.5%
* Breaking out with higher than 15 day average volume
Trade Idea:
* Given the current market conditions you can open a small position...
Hello traders, SS&C TECHNOLOGIES HOLDINGS is in a configuration of bullish continuity, low buying volume and we see that the 4 sessions before there are sales volumes greater than the last. SS&C TECHNOLOGIES HOLDINGS has a great potential to seek its last precedent higher, maybe even the 2nd higher than, if the buyers have taste for the risk.
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SSNC: SS&C
2020-07-28 16:05:00
SS&C Technologies Releases Q2 2020 Earnings, Announces Renewal and Increase of Common Stock Repurchase Program for $750 million
SS&C Technologies Holdings, Inc. engages in the development and provision of software solutions to the financial services and healthcare industries. good fundamentals.
SSNC is consolidating with volume; might be a nice setup for next Monday.
SSNC is a software company for financial companies with a good balance sheet. It did not beat its recent earnings estimates; however, despite this event, the company still looks poised for more growth. Regardless of whether it beats expectations next quarter, this company is still stable financially and the long-term, technical, trend is there. The recent fall...
I use this feature to track/journal my trades and write notes about them...follow at own risk.
Not my favorite trade here, I see a bullish flag and bought on breakout, however now pulling back. Stop just under $48.00.
Profit at fib extension 1 or earlier if I see RSI divergence from previous highs.
Sector: Technology
Industry: Business Software & Services
(Blue line) is Support
(Red line) is Resistance
direct your attention 2018-01-08
Look a big green weekly candle closing above the resistance (Red line) in 42.40
(Red arrow) long lower shadow testing the new Support (Blue line)
This idea need some weeks
why?
because I use the moving averages in a...
