Using our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Long 5th Wave Swing Trading Opportunity for STT on the Daily time frame . The 5th wave move in an elliottwave sequence is the highest probability move. The catalyst for the current wave 4, profit taking, pullback was Earnings and it does seem to have found...
Having first called a long trade on the stock at $62.00 this has been a great winning trade setup. The stock now sits at Just below $80.00 and has today received a upgrade from Wolfe research to Outperform from peer perform. Technically the stock has run quite hard recently but we could see a an attempt to hit the Fibonacci Golden pocket soon
STT continues to move upward after completing a short-term bottom. The action is frequently Professional Trader driven.
Based on quarterly financial statements of company for the last 2 years period we have got prediction that it will rise up tp 50% in the next 3 month.
21-10-19 STT LONG 63.83 62.33 1.50
State Street Corporation has completed a textbook inverse head and shoulders pattern with a resounding bullish engulfing candle as confirmation. Low-risk long opportunity!
Wait for daily close above the yellow neckline, or a retest of the top of said neckline. Would prefer higher volume on the breakout, but there does seem to be volume correlation around the left shoulder and head. If the breakout holds, immediate target would be ~$72
Entry level $62 = Target price $73. = Stop loss $59 Hugely significant break from long established downtrend. Massive upside potential. MA's now acting as support $60 big resistance. Option traders see upside potential. Yield 3.47% P/E ration 10.9 very reasonable Company profile State Street Corp. operates as a financial holding company. It conducts...
creo que este activo ha hecho un doble suelo , y ahora tiene una subida hasta el proximo punto de fibo
Time to see if supports hold or not and then time to play the bounce.
going long! lets hope trendline holds the price
STT inverse H&S on weekly and 1,000 March $72.5 calls bought today.