PDCO - Double Top Within DowntrendA double top
Labels show similar points in the structure with (2) being the top points.
Weekly chart.
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3.55%
2.21USD
207.557MUSD
6.471BUSD
95.85M
About Patterson Companies, Inc.
Sector
Industry
CEO
Donald J. Zurbay
Website
Headquarters
St. Paul
Employees
7.6K
Founded
1877
ISIN
US7033951036
Patterson Cos., Inc. engages in the provision of products, technologies, services, and business solutions to the dental and animal health markets. It operates through the following segments: Dental, Animal Health, and Corporate. The Dental segment provides consumable dental products, equipment and software, turnkey digital solutions, and value-added services to dentists, dental laboratories, institutions, and other healthcare professionals. The Animal Health segment distributes animal health products, services, and technologies to both the production-animal and companion-pet markets. The Corporate segment consists of general and administrative expenses, including home office support costs in areas such as information technology, finance, legal, human resources, and facilities. The company was founded by John Patterson and Myron Fayette Patterson in 1877 and is headquartered in St. Paul, MN.
PATTERSON COMPANIES Publication DailyHey my friends, PATTERSON COMPANIES is in a bullish movement with a sort of hammer candle and momentum on buy volume. In the TIMEFRAME M1 shows us a hammer candle with a sales volume return. She is heading to her last low to do a reversal and go to the top of the consolidation zone to test her. Big
BREAKOUT CUP WITH HANDLE AND HIGH VOLUM BUY PDCO ABOUT 32.70$Earnings : Shares of Patterson Companies (NASDAQ:PDCO) moved higher by 0.1% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 61.54% over the past year to $0.63, which beat the estimate of $0.38.
Revenue of $1,553,000,000 rose by 9.44% fro
PATTERSON COMPANIES INC
Hey, traders.
Pretty interesting paper to buy.
What's on the chart:
1. Strong mirror level of 23.01 formed by the gap on March 06.
2. We confirm the same level on July 06th exactly.
3. On June 29, we made a false breakout, however we did not roll back down and stopped at the support level of 22.0
One For The Watch ListA continuation of the breakout from Darvas Box would be consistent with the ema's as well as the trend line.
Patterson Companies reversal tradeEntry level $22.30 = Target price $27.30 = Stop loss $21.12
Levels of Interest = $23.75 downtrend line
RSi in strong uptrend.
MACD reversing bullishly
P/E ratio = 36.80
Short interest = 17.15% very high
Average Recommendation:Hold Average Target Price:$20.73
BUY 3
OVERWEIGHT 0
HOLD 8
SE
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