GNRC Generac reverse to mean scenario$GNRC has been consolidating in a tight box for few day. If breaks up - watch for a low risk play. TP 145 (there is a gap needed to close) and SL below 95 (about 5%).
Key stats
Market capitalization
6.967BUSD
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
20.73
Basic EPS (TTM)
5.53USD
About Generac Holdings Inc
ISIN
US3687361044
Sector
Producer Manufacturing
Industry
Electrical Products
Website
generac.com
CEO
Aaron Paul Jagdfeld
Headquarters
Waukesha
Employees
9.5K
Founded
1959
Generac Holdings, Inc. engages in the business of designing and manufacturing energy technology solutions. It operates under the Domestic and International segments. The Domestic segment includes the legacy Generac business and the acquisitions that are based in the United States and Canada. The International segment focuses on Generac business' Latin American export operations. The company was founded in 1959 and is headquartered in Waukesha, WI.
Cup and HandlePrice is at the resistance of a prior gap down (window).
Earnings beat but did not clear the resistance of the the left side of the cup as of yet.
No recommendation.
Some would calculate targets for a cup using the depth of the cup, applying fib levels and project those levels from the point of b
82 percent is the rate of fallThe end of the negative trend? Not relevant
Long-term investment.
Buying: 98$
THIS is when you should be bottom fishing ! In this video, I've gone over the setup of generac and how there's a realistic 80-90% ROI potential over the next 2 months.
GNRC: Possibly a long!Rarely trade this, but its on my list. My watch list. Things are getting interesting.
Tradingview doesn't support GIFS, but they should.
In the absence of the gif, here is a 0.01 second clip to express my feelings right now.
If this breaks out of this bear flag to the upside it will be intere
GNRC major support level reachedGNRC is currently at a major support level. Around $105.00 is possibly a good place to make a position. May consolidate here for a time then up, especially if the overall market turns bullish. Not investment advice.
$GNRC with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $GNRC after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
GNRC - Another Sideways Cup and Handle Cup and handle formation again on the side
Similar scenario to my previous cup and handle post
GNRC - Familiar Tops Bars pattern placed suggests a similar top to that which was seen earlier in the prices evolution
Top point is indicated with the Hammer emoji
All of this while the Major trend line in green is intact
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Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
0
Revenue
0