The PEAD projected a Bullish outlook for $EPAM after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 42.86%.
The up strongest up channel can be drawn with a formation that formed very early (2012)
Red horizontal lines are top points along the up channel
We currently just experienced a top point along this channel and price is falling from its touch
I have placed a green box where I think price will recover on this Weekly timeframe
This structure formed after a move to the downside.
Pennants tend to narrow at the apex like a rising wedge, except a rising wedge has both trendlines sloping up and this is shaped more like an Ascending Triangle. It could be an ascending triangle but just hard to fathom in this market. Ascending triangles do not usually have a pole but who knows??
This...
In the process of studying this company more! My gosh, it moves during the day- in the order of tens of dollars as opposed to one or two.
My thoughts for this week- it is just below a supply zone, so this could be a set up for it to reject the supply or blow right through it to the upside.
We should know within minutes of opening bell…
This one is up too much today for me to buy more of it but wish I had yesterday.
High is 725.40. Yearly low is 168.59.
There will most likely be resistance at the top of the huge red candle.
This security is in the tech sector which has been raining bullets as of late so a good long entry could be paramount.
Market up again today and I almost turned on the...
Several hit markers, stock is highly volatile due to market crash.
Had a 10% move today creating that could lead to the bounce back.
Day trade strategy - If it dips around 216 area and bounces a little to 218 then long to 230 being a key level with risk at 212. r/r -3.0 (if dips to 212 then probably it a false break)
212 being a key level today as it was...
EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, and maintenance...
Been on this one a little while as EPAM has been another nice steady runner throughout the last year but had some recent turbulence at the end of September and November. With the S&P news it could give it another boost of momentum. Worth a watch.
EPAM Systems, Inc. provides digital platform engineering and software development services in North America, Europe, Russia, Belarus, Kazakhstan, Ukraine, Georgia, East Asia, Southeast Asia, and Australia.
It has been having a great run over the last year, and on my stocks to watch list, but I feel it is a bit too far away from its 20 Day Moving Average and RSI...
Hello traders, EPAM SYS is in a fake bearish configuration with a large past buy volume and a hammerhead candle shape. Looking more closely at TIMEFRAME M1 we can see a marubozu reversing the trend on its last precedent lower. And go test the VWAP to break it to reach the top of the range between two high to past (on the TIMEFRAME D1 unit). With a two adjustment...
EPAM Systems, Inc. provides advanced stage engineering and programming improvement administrations in North America, Europe, Armenia, Belarus, Kazakhstan, Russia, Ukraine, Asia, and Australia.
Earnings are forecast to grow 20.30% per year
Earnings grew by 19.8% over the past year
Approx. 56% overvalued
Significant insider selling over the past 3 months
PE Ratio...
EPAM Systems, Inc. engages in the provision of software product development and digital platform engineering services. It operates through the following geographical segments: North America, Europe, and Russia. The company was founded by Leonid Lozner and Arkadiy Dobkin in 1993 and is headquartered in Newtown, PA.
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