TRACTOR SUPPLY CO

As we look back, this is possibly repeating the same cycle as a couple years back. I believe we finally hit the floor and crossing over the EMA.

:)

I like Tractor Supply Co for long term, but waiting to buy as head and shoulders plays out. To get my short target I used Bulkowski's method, linked here: http://thepatternsite.com/hst.html.

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SHORT SETUP

Not ready yet..waiting for stochastisc pull back. GREAT EXAMPLE WHEN SUPPORT BECOME RESISTANCE AND VICE VERSA

possible long got from a friend at DTRS club

Consolidation (Pennant?) Buy the breakout

They will probably try to head fake all the break out buyers here, so be prepared. Looking for a run above $100.00 if bulls stay in charge in overall markets. This one isn't a clothing fad like BKE. AMZN does not impact this one as it does other retail names. For other plays visit www.StockSpotify.com

Updated notes.

Potential for a Butterfly here.

Broadening Formation, Right Angles and Descending

Last chart didn't work out - this seems to be what's happening

- New Elliot Wave Pattern after ABC correction - MACD confirms with bullish crossover - Nice risk/reward ratio with tight stop - Price target of $77.50.

Potential Falling Wedge. 1st tgt upper trend line. Could also be a Deep Crab, but first things first....

TSCO Daily Possible recovery bounce in progress on 50% retracement. Potential short entry on breakout_line retest. Broke down from descending triangle. Rounding top. Under 50 and 100 sma and uptrend_line. OBV is cratering. Momentum is negative. MACD bearish. vs S&P 500 brakedown. EPS 0.35 vs 0.37 52wk Range: 57.00 - 78.17 Target 48 - 49 $ Stop 63

Little cup pattern. Seems to like little cup patterns...