Emerson is half way into the cycle with price target ranging from $93 to $96. I expect earnings to be good, but the recent indication for a hostile acquisition might overshadow the ER. I believe this will trend in a range until mid March when this could start its next leg up. Disclaimer: My opinion on stocks are mine alone and not to be taken as Investment advice.
I'm not long on everything :-) Emerson failed to hold support. Look for it to come back up to confirm support is now resistance and pursue an entry if the candles are showing bearish. The stop is above the previous block with the target down to the 618 of the last run which also appears to be a historical support area.
The PEAD projected a Bullish outlook for $EMR after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 81.82%.
The PEAD projected a Bullish outlook for $EMR after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
Potential 2Down 2Up Weekly Reversal For EMR : Per the Strat, this week I'm watching ticker EMR (Emerson Electric Co) for a weekly entry trigger at 97.77 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 101.30 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out...
Absolutely long on this one too, price is moving across MA 20 smoothly in red MA50 and yellow the MA 100 That ´s another that i have detected, in very good shape. as MOS (related ideas based on best sector for the weak and upward trends) as always invest at your own risk take care and look for more information Good Lick to all Charlie
NYSE:EMR Anticipating an explosive move on the upside. NYSE:EMR is trading above the 500EMA, and is at an area of value (resistance level). A break above this resistance will be interesting! Have a buy stop at $93.40
The PEAD projected a Bearish outlook for $EMR after a Positive under reaction following its earnings release placing the stock in drift A If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Hey traders, EMERSON ELECTRIC is very interesting, high sales volume execute, the market could push to see breaking its range due to the distribution of buyers. Please LIKE & FOLLOW, thank you
This Head & Shoulders pattern seems to have a breakdown point in a very dangerous zone.
Until the money starts moving out I can't help but wonder how much more this thing has in it.
They are expected beat earnings....seems like the some of the "boring old Dividend Aristocrats" are having a growth spurt (also see ABBV, WBA, and T among others) which is not so boring :)
EMR is Bullish nice momentum break after earnings good consolidation above 74.5 resistence new support at higher high 72.5 targets 80 and 82.4
Reports on 8/7....tariff is postponed till Sept. This is very likely to go higher. I am in it. EMR Aug 10th -- 74 calls
I think EMR is going on a bull run , 115 $ is my target