Contextual immersion trading strategy idea.
Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, Africa, Asia, and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a...
Analisys on a Double Bottom in FDP stock, first there is a reverse pattern, bottom 1 and 2 are at the same price level, a breakout point occurs and the price increases after. In this particular case there is no pull back to the resistance line after the breakout.
This is a long-term trade with investment potential.
The strategy is to buy FDP at the very bottom. I envisage 2 main scenarios.
Scenario 1 - the bottom is in place. In this case, I will hold on to the trade and
EXIT STRATEGY will be when the price hits 100MA and then 50% retracement with subsequent reentering the stock at lower levels
Scenario 2 - the stock...
Came up on my short screener as a potential earnings manipulator with poor fundamentals; ranked as 15/62 of the best stocks to short via my screener
Looks like it has failed the cloud and once the CS breaks below the cloud it could really drop quickly
Manage your risk; playing shortside can be dangerous!
Some food producers are having problems selling your canned products ?
I do not the fundamentals of this Industry Sector because I only pick stocks based in chart patterns but I find some companies in the Consumer Goods Industry and the Food Producers sector having problems to going up and this added to the bad news of last week.
Possible target for a swing...
Potential early entry opportunity. Text alert was sent when it touched the entry.
Entry Target Criteria- Break of $62.13
Exit Target Criteria- $64.13
Stop Loss Criteria- $46.23, $40.67
Option- $60 Mar-17 Puts @ $3.3
You can check detailed analysis on -- in the trading room/ Executive summary link...
FDP seems forming a inverted flag formation. It broke down major support & moneyflow is very deep down. It had some insider selling as well. Overall it seems a good shorting opportunity.
Open - Break of $56.13
Target - $50, 34
Note: - $55 Mar-17 Puts @ $1.70
You can check our detailed analysis on FDP in the trading room/...