I just discover PRU and they seem to me like a promising opportunity.
The company has currently a fair PE of 9.5. A positive sales and earnings per share growth during the last 5 years. A debt/equity under 1, institutional ownership over 60% and positive insider transactions.
They also have an active presence in social networks and a decent amount of...
WARNING:
This is Probably crazy enough to Work
A) When the yellow line is descending or ascending, and the strong trend line (White Line) is rising, and the bottom dollar trend line(Green Line) is rising, if the green line passes the middle White line first, it followed the red arrow.
B) When the yellow white and red lines are ascending, and the middle white...
Pru to push to 97, 100 if it can pass 95.5
Trade 96/96.5 C
Trigger line in blue
Target lines in green
Positive EMA convergence on daily with 20 crossing 200 and 50 crossing 100
Stochastic looking strong too
Two of Prudential subsidiaries, AST Investment Services Inc. and PGIM Investments LLC, agreed to pay nearly $33 million to resolve their charges. Moreover, the two companies failed to disclose conflicts of interest. And also, they made some misleading disclosures regarding 94 insurance-dedicated mutual funds they advised.
Based on the Securities and Exchange...
Could find trouble at this gap fill and turn red. Gonna continue to watch this for confirmation of either RIP or Dip.
Daily MACD and Stoch give me a slightly bearish bias next week on current conditions. 2 hr MACD is ready to potentially turn if no major RIPS occur. Stoch has been just floating overbought for 6 days and the RSI is overbought. Could see a shot...
Possible triangle set up on the weekly. Daily MACD looks like it could turn at some point soon. Daily RSI is way overbought and stoch is close. Could go either way. If daily cooperates this could play out very well for a long over the next few weeks. Gotta watch twitter though lol
Reminder, this is a weekly view lol.
Do not follow this as advice.
Applying some of the most popular indicators on the pair JPM/PRU shows an interesting pattern. While PRU NYSE:PRU has been clearly outperforming JPM JPM since several weeks, a trend reversal seems to occur. JPM might catch up in the coming days and weeks. The daily and the weekly RSI (1st indicator at the top "Ultimate RSI Multi Timeframe"), the Wave Trend...
PRU is trending upwards for the time being, however indicators and price action are giving clues that strength may be running out.
The horizontal red lines are key resistance areas, along with the downward sloping red line for the longer term bear trend. Price is currently at a key resistance, which may chop price around until earnings.
The white diagonal...
Price is being squeezed into a triangle formation. OBV and Accum/Dist indicators look weak and RSI showing a little negative divergence.
Predicating a break to the downside towards the support line.
I've been watching this for my dad since January, and as you see he didn't make the call to sell all at peak of 125$, he had them for almost 20 years. here is my future TA it hasn't been this low since 2007.
In the daily chart PRU has been moving in a range, last friday it ends with a possible Morning Star at the support of the range, if monday it opens with a gap up, we could see a bounce to the resistance.
KL: 102.80
SL: 101.10
TP1: 108.00
TP2: 114.00
PRU
