What we can see on the chart that the price hit the upper Bollinger Band on the previous days. We have a confirmation from the Stochastic too, it shows us that the price was overbought.
Today we can see the confirmation candle which is inside the channel, so we expect the price to go dawn.
Target is shown on the chart.
The PEAD projected a Bullish outlook for $POOL after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 55.56%.
It's the ability to believe in the unpredictability of the game at the micro-level and simultaneously believe in the predictability of the game at the macro level that makes the casino and the professional gambler effective and successful at what they do.
Shares only (options on this name are meh)
Ignoring Japow tomorrow, this should be a fairly easy trade back to the top of this tightening range.
Stop: at low of today's candle
Target: top of range ~393.00
POOL: Pool Corporation
2022-05-04 17:38:10
Pool Corporation Announces an Increase in its Share Repurchase Program to a Total Authorization of $600 Million, a Quarterly Cash Dividend Increase and 2022 Annual Meeting of Stockholders Voting Results
Shows a clear impulse down, similar to many other stocks like netflix. I think it will be do for a rally up in 3 waves and I will expect it to fail and start another leg of 5 wave move down.
It just so happens to match the 200MA on the Weekly chart at close to $330-$350 range. Time frame would be during this year and as long as beginning of 2023 for completion of...
Price has broken the neckline but there is not a confirmed downtrend.
Price has delved below the neckline several times recently and the move down was not sustained.
Dipping below the neckline with this pattern is a warning sign and it does not feel like a bull market anymore. This pattern does best in a bear market and the Inverse H&S does better in a bull...
Clear downtrend and bounce off the Fibonacci retracement levels. Slated to go for a lower low with all the EMAs stacked to the bear side.
Likely one of the bigger sectors that will be hit by the rising inflation rates, this stock is destined to find a lower low. With earnings coming up, eyes are on this.
Looking like ABC bullish but could drop to a double bottom.
EARNINGS ON 2-17 WILL PROVIDE THE OUTCOME.
The top is suspicious.
Possible stop below C or A in this case. Or wait for earnings (o:
No recommendation.
Short is 3.46%
Sometimes I look at NVI on the 1 minute time frame if is looking lower on daily to see what smart money is doing. I look for volume...
One company is a global player with solid records but the skyhigh price is deterring you to enter the market. It's closest competitor is a newly launched IPO that is still down and has yet to proven itself.
What will you do in this situation ? Please share your views ......
Pool Corporation is the world's leading independent distributor of swimming pool equipment, parts and supplies, and other backyard related products. The company operates over 300 locations worldwide with more than 3,400 employees through three networks: SCP Distributors LLC, Superior Pool Products LLC, and Horizon Distributors Inc. Pool Corporation distributes...
