Bottom trendline has been broken. Earnings 7-14 No recommendation. Steep climb up on Monthly timeframe. Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments....
CTAS comes from manual screening outside of VCPSniper. What i like about this one is that it is showing us signs of strengths through VCP, volume does not indicate distribution, stock belongs to 'dividend aristocrats' list. As alwasy - manage your risk.
The PEAD projected a Bullish outlook for $CTAS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 33.33%.
When I last spoke about CTAS it was just breaking out. After the breakout there was a run up but the general market correction brought it back down to the broken level. CTAS is still trading with higher volume than its 14 day average and is still above its broken level. This is a great opportunity to get in if you missed the last entry!
* Strong earnings quarter over quarter * Very strong up trend on the longer time frames * Broke out with higher than average volume Great momentum stock to get in. The price is ready to move higher!
Consolidation could be broken higher with a minimum target in the 430 region.
The PEAD projected a Bullish outlook for $CAT after a Positive over reaction following its earnings release placing the stock in drift B 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.
Classic rectangle on year long daily chart, a break above $370 is bullish.
$CTAS on daily chart. Took a few minutes to publish some easy to recognize, bullish and bearish chart patterns on daily charts. Enjoy! Note: Ascending triangles are generally seen as bullish but can be bearish when the lower trendline is broken.
Cintas or CTAS stock currently in a down channel but sees support around 318. Market is in astate of correction until SPY index reaches 373-375.. At that level CTAS should rebound if not before .. tends to follow SPY closely
The PEAD projected a slight bullish outlook for $CTAS after a negative over reaction following its earnings release placing the stock in Drift C If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Hi friends the daily chart of this market shows that it will experience with a high probability an uptrend in the coming days with at the same time being vigilant of the change of direction towards the opposite please subscribe to receive more analyzes
After breaking through the down trend and big resistance, we might have a pullback, If it wont be a fake break through, It is considered as a good buy posotion with TP of 'Take Profit' area and SL of FIB RET 0(307$)
a pefecttrend line and claster too get a goood profit if the earnings report gets well too it could use to be a well trade like and follow if it was helpfull
I have never owned this stock but have been watching it. Earnings are very soon and I would think CTAS would have to beat to get to any targets Since they deal a lot in work uniforms and office stuff. I would be concerned since a lot of folks are on the government payroll right now, and I do not think they are required to wear a uniform, But Zack says it is a...