Today a member on my social media called out a major stock NYSE:PPG at a Weekly 50% Retracement Level. MANY stocks right now are pulling back to the 50% Retracement from the COVID low to the recent ATH. I suggest everyone out there do their homework this quarter of 2022 to FIND OPPORTUNITY!
PPG will bounce and keep falling. Short the bounce. Have Fun
The PEAD projected a Bullish outlook for $PPG after a Positive over reaction following its earnings release placing the stock in drift B If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Filling gap from gap up after earnings beat. Beware of R at gaps overhead. Gaps below can serve as support Long term uptrend before the flu panic There is also an ABC pattern. A is 81.1 B is 116.8 C is 98.8 Broke out at 115.8. Add AB leg to breakout for 100% target, allowing for R, gaps, prior R along the way Has dipped out of prior rising wedge on a pull...
Hey traders, PPG INDUSTRIES is in a downward push, refusal of the sellers on a purchase volume. PPG INDUSTRIES is at the top of its consolidation zone, it is heading towards the trend line to go to the zone to turn around and climb it is possible that we will breakout the new consolidation zone to go and fill the gap looking for the highest . Please LIKE & FOLLOW,...
PPG Industries Inc (PPG - US) is moving down in ABC down wave pattern. B wave is complex wave, which is over & C wave has started for target below A wave low.
PPG industries (PPG - NYSE) looks like forming ABC simple zigzag. It seems like wave C down is already started. Sell with stops above 98.80 level for target below 70.
PPG Industries has a history of stable EPS growth (with some outliers such as the EPS during the FC in 2008); the Corona lockdown and the stop of production is very likely to affect the EPS of the company in 2020 and maybe its the consecutive year’s growth. Looking at the reduction of EPS during the Finanacial Crisis, two year’s (2008 and 2009) EPS were falling...
Stock PPG seasonality starts to Buy date on February 19 and ends Sell date on May 1 Percent Profitable is 78.95% in 19 years and an average return of 7.45% per year
Break through that resistance for a bullish confirmation.
Breakout from the 119.21 resistance level is getting more aggressive. - Higher lows and shorter time frame to hit resistance. - FI going above 0 - MACD Histogram ticking back to positive Will have to observe the next few days candle and volume and enter the trade only if the breakout success probability is high.
We can see how over the past 5 years PPG has not been able to break $120 on this weekly chart We can see the clear level of resistance under $120 While we can see the buyers steeping up creating higher lows over the same time period We will be buying PPG above $120 vs $112 for now, looking for a move to $160 over the next 6-12 months
Maybe PPG is a barometer for the entire market and signals how misguided we may be. Last September PPG pre announced poor results for the 3rd quarter, from that day the market sank just as the stock did. So has that much really changed for PPG? NO, so why is the stock trying to breakout? why is the stock market coming off all time highs?, caution, caution,...
$PPG monthly, can it break this range on earnings
PPG was one of the first stocks to bring about the market sell off in the 4th quarter of 2018, it has rallied well of those lows but now approaches resistance and has show signs of a reversal. Indicators are showing bearish divergence and some adverse news releases have also not helped. We presume a reversal very soon.