CP, a value stock I have been eyeing for the larger long-term portfolio has been enticing to me as the company has a mote, and great revenue growth. The stock has been in a range for a few years and is aching for a breakout. I am eying another dip to the 70$ region for an entry but it just might break out in a few weeks and I will lose an entry.
The PEAD projected a bullish outlook for NYSE:CP after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 92.86%.
The PEAD projected a bullish outlook for NYSE:CP after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
The PEAD projected a Bullish outlook for $CP after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 75%.
Expecting rejection off gap fill. Expecting rejection off gap fill. Expecting rejection off gap fill. Expecting rejection off gap fill. Expecting rejection off gap fill.
The PEAD projected a Bullish outlook for $CP after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 71.43%.
Corporate Profits to Real GDP 🤯🐻↘️ .. Breakdown on the MACD showing strong indication for a big collapse on the 3 Monthly chart.
Below the Monthly chart is showing serious negative divergence, which is bearish
Conclusion: Market reset/collapse has started
Corporate Profits have been outpacing as a % of Real GDP thanks to excessive deficits, ZIRP and QE
for at least 2 decades. This massive run has not been without its corrections. Once in 2008 to 2009
and once in 2014 to 2016. One led to a severe recession when CP dropped 63% the other a
sideway market in SP500 with market drawdown of nearly 20%.
We are about to...
The PEAD projected a Bullish outlook for $CP after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
CP has a very strong uptrend and is heading close to its Fibonacci Support. I think its a great time to buy CP around the 70 price range for targets of 76 and 79. Considering Stoch is also low, I think its a great time to buy
Bullish Signals
-Low Stoch
-Fib Support
Price Targets
-1st 70
-2nd 76
-3nd 79
DISCLAIMER
This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. I am obviously not rich, so obviously I haven't made it with my own thinking, so definitely don't put faith in me. But maybe read and learn about a company that is making some major news, and maybe building some steam to lay track into the...
Off recent merger news with KSU.....is a top being set in via ending diagonal?
From 2009 lows to present: what great fib relationships between waves.
Education only
