Since the 31. December we can see a clear downtrend of the Eaton stock. Will Eaton beat the trend by the end of the month?
The PEAD projected a Bullish outlook for $ETN after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 60%.
ETN Short Failed breakout attempt to the upside after months of consolidation Pul back to supply zone with a retest of the zone Wide range igniting bar/candle to the downside with new candles consolidating at the lower 1/3 of the wide range bar Expecting a move lower if today´s low is broken
The PEAD projected a Bullish outlook for $ETN after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 33.33%.
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ETN may show resilience and relative strength over the course of 2021. Check the relative strength on a distribution day, ADX/DMI and Choppiness looking to show "Trendiness". As long as the price stays above the Ichimoku Cloud This could be a nice time to play ETN to the Long side.
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The time frame is the daily time frame for this trade. If the stock closes at the contested zone on the higher side, initiate the trade and close the trade at the stop if the daily price closes above $110. Sale zones are highlighted in yellow to close the trade going into resistance at key price levels. Can leave trailers on if the stock blows past the...
Hey guys, EATON CORPORATION PLC is trending downwards with a large sales volume, it may be that it returns after doing a pull back to go up! We can breakout the consolidation zone. Please LIKE & FOLLOW, thank you!
Entry level $93.42 = Target price $101.28 = Stop loss $91.37 Indicators all in bullish trajectory, while volume is very impressive. P/e ratio of 16 is below average, some value remains. Company profile Eaton Corp. Plc is a diversified power management company, which provides energy-efficient solutions for electrical, hydraulic and mechanical power. It operates...
ETN is a strong stock judging by it's excellent income statement and balance sheet. Improvements YoY stay in line with the Warren Buffett criteria for buying a company. This company handles improving energy usage, and let's face it, that's super important. This could be a stock that sees a huge upside, for now the target is around $85. I would assume that it...
Always the same principle Resistance breakout, price pullback and swing low. The other key is the relevance of the resistance line based on the time that take the price to broke it From July 2014 to January 2018 (3 Years 5 Months)