══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ Nothing special to say here Traders. Great pattern at the all-time high. All information is shown on the chart. Pattern Class:...
The PEAD projected a Bullish outlook for $MMC after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
Lately ive been picking from Warren Buffets Portfolio and finding stocks in the same industry to outperform I will re invest when im Guaranteed the markets recovered Sector: Financial Industry: insurance brokers RECOVERY YIELDS FROM JUNE MMC 20.02% AJG 27.62% BRO 26.15% BRP 41.74% CRVL 26.10% ERIE 37.73% In Conclusion BRP for the win in a recovery DO YOUR...
MMC Is testing a parallel resistance zone This can be compared to a previous point in price evolution history where this occurred also Both situations will result in a short rejection
The PEAD projected a Bullish outlook for $MMC after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 60%.
Bearish Fundamental - Funds are distributing - Top industry group - Top position in sector - Positive returns - Negative PEG TA - Bearish divergence on the momentum theory indicator - Momentum is diving - Long pin bar rejection - Price broke 2 years upward trend line - Double tops - Price below neckline major S/R
One of the global professional services firms that is still enjoying the bull run but is it for long and can retail investors join it? Fundamental indicators: Revenue and Profits - consistent long term growth for the past 10 years Profit margin - effective company with circa 16% P/E - overpriced at 25 Liabilities - no problems Technically: ...
The PEAD projected a Bullish outlook for $MMC after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
NYSE:MMC Yesterday the price closed above resistance, making a new ATH. What are your expectations for MMC? Please leave a comment. This is what I see on the chart, please correct me if I am wrong. - We have a purple square as support, because MMC opened higher there is a small gap. - I see a Cup and Handle pattern that started on 30-12-21. Cup...
Just another in a series of similar charts where a textbook short is setting up on the weekly. Risk/reward to first PT/Stop loss is excellent in the zone indicated.
The PEAD projected a Bullish outlook for $MMC after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%
Note: I last spoke about MMC around mid October and since then it has consolidated and now it's showing signs of going higher. * Excellent earnings * Very strong up trend * Very high 3-mont relative strength of 6.87 in the Financial sector * Breaking out of a ~2 month base with higher than average volume * We can see that it tried to break above earlier but came...
* Great earnings * Strong up trend * High relative strength in the Financial sector * Breaking out of a month long consolidation with higher than average volume * Pays dividends Note: * Earnings are coming up this week. Given it's past performance we can expect it'll have a good report and the price to go higher. Trade Idea: * You can enter now as indicated...
Bear flag on the weekly with other positive indicators. This ticker is one that I traded options on when I first began in options. It's one i know for a long time. It can be VOLATILE, so when setting stop loss, consider a deep limit.
Ignore tech, buy this sector and this name in particular is showing up. Strong on bad macro days, strong breakout. Get in!