ENTRY; 7.00 TARGET; 8.25 & 9.40 EXIT; 5.85
Today at the market open (Jan 2), the equity trading system Equity Trend will open a short position in ADT Inc. (ticker: ADT) Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately. The system combines elements of breakout trading, trend following and risk management from Turtle trading. System: bit.ly
Trend Line Intact. Cutloss If it Closed Below 12.20 Resistance 1: 13.13 area
All the indicators are supporting a further downmove.
Friends, Long has not confirmed so far. What if it opens lower and the previous long idea fails? This is where the best traders will be able to totally change their perspective and go the other direction without hesitation. Proper traders will realise if this long failed off a Fibonacci confluence zone, A double bottom, and failed at a long term major moving...
Friends, Seeing this set up should have your alarm bells ringing!!, worst joke ever... (ADT is a security alarms provider, for those who don't know...) The odds, if this trade confirms, of this trade going higher, must be 90 percent +++++. If price jolts up tomorrow, it will jerk the stochastic into a spontaneous inconspicuous bullish divergence, solidifying...
Double bearish harami scenario, followed by continued bearishness. Targets defined by small blue lines on chart.
Update: Prior post confirmed the short, no we are looking to break $32.15 go long, otherwise is breaks $31.28 short
If holds support here (Strong Support) will continue back up to $34.
great response to earnings. needs to be on watchlist,. new highs = add
Pullback Status: Wanted to short, but earnings keeping me away. Horizontal S&R: no Channel S&R: yes MA S&R: 200 Stochastic turn/crossover above 80%: no AO pullback >0= 85: yes Price Pullback Fib >0.382: yes Next Earnings date: 11/19 Increasing EPS: beat Increasing Rev: meet www.estimize.com *stop 1 atr below swing low. ** first price target is 50% the move...