It looks like a good continuation trade, strong uptrend, buying the dip?
Analyzing the options chain and the chart patterns of FERG Ferguson prior to the earnings report this week, I would consider purchasing the 155usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $2.72. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward...
The PEAD projected a bullish outlook for $FERG after a negative over reaction following its earnings release placing the stock in drift C .
Ferguson PLC - LSE - BUY. Price currently on a strong support and its above 200 MA, possible Long Entry?
Uptrend Going toward 13650 , add or enter to this great opportunity. New SL can be around 10700
It is a good example of a trend and a correction, ending exactly above 50-61.8 fib zone. It is inside an uptrend and the last weekly candle shows next target will be available so soon. Dont forget setting sl for it.
⏫VALUE BUY - Ferguson Plc - FERG 🔢Technicals ▪️Stock: Bearish ▪️Sector: Industrials - Bearish ▪️1 Month vs FTSE100: 3.91% ▪️3 Month vs FTSE100: -1.67% 🔠Fundamentals 🔸Overall Rank: 12/276 🔸Value: 71/276 🔸Quality: 35/276 🔸Momentum: 109/276 🔸Growth: 9/276 🔸Profitability: 25/276 🔹Entry Zone: 9216.00p - 9576.82p 🔻Stop: 8455.00p ▪️Target1: 10934.00p ▪️Target2:...
FERG (UKX) - It is in strong up move and seems like completed impulse cycle and broke the trend channel. The down move is either diagonal A wave or may be complex correction. But in any of the case, the bounce should be short sell for C wave down after confirming the B wave completion. Give thumbs up if you really like the trade idea/analysis.
Buy Ferguson (FERG.L) Ferguson PLC is a distributor of plumbing and heating products. The Company operates through seven business units: Blended Branches, Waterworks standalone, HVAC standalone, Industrial standalone, Fire and Fabrication, Facilities Supply standalone and B2C e-commerce. Market Cap: £15.35Billion Ferguson is trading in a bullish long term...