The PEAD projected a neutral outlook following a negative under reaction after its earnings release placing the stock in drift D
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Hey guys, EQUIFAX is in a bullish movement with high executed buy volume and hammer candle shape. In the TIMEFRAME M1 we see a hammer candle with a low volume of purchase issued but we see a few minutes before large ones. It is on top of the great potential stabilization zone to go to the next high (See TIMEFRAME H1). Then a drop breaking gap will be filled to go...
Confirmation point double bottom pattern on Equifax stock (EFX) passed.
1. Waited to see price reach 125.00
2. This stock has dropped a lot recently but this is a reflection of the current market situation not the share.
3. Double bottom pattern is a historically accurate pattern to trade.
Points to consider
Corona virus has been making the markets very choppy...
A clear rectangle pattern that is being completed after more than four years of retesting the level of support and resistance.
We're waiting for a continuation or reversal breakout.
In the meantime we set the alerts to 150 and 88.
Profitable trading does not depend on having the perfect indicators, oscillators, trading system.
It is you who must be...
Earnings were a beat but revenue was a slight disappointment, missing estimates. The stock has been stuck in a downtrend for 3 years but we think a break is coming, this is very much dependent on the sentiment within the market.
AVERAGE TARGET PRICE $122
AVERAGE RECOMMENDATION OVERWEIGHT
Equifax, Inc. engages in the provision of information...