Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on October 1, 2021 with a closing price of...
$SWK - Stanley Black & Decker - 2.6% Gainer
1. Lengthy and now tightening consolidation of price in wedge formation, set up for reversal.
2. Stock is trading significantly below the Price Targets (PT) given by analyst upgrades and reiterations over the past couple months.
UBS - Buy - PT $227 --> $241
Citi - Neutral - PT $203 --> $215
Hey my friends, STANLEY BLACK & DECKER is in a bullish momentum, fake propability of a reversal on the gap we can climb above the highest previous. After that it remains to be seen if the buyers set a price, otherwise we will witness a fall.
Please LIKE & FOLLOW, thank you!!
SWK just recently hit the support and is showing signs. This investment could be risky because the price is still below the 200 day moving average but if you wait until it crosses and holds above the 200 day moving average the reward is way less. Since hitting the support it is still on it's way to the resistnace which is $120.30
We have a dividend paying stock that has had some earnings trouble in the last two quarters which has put this stock in a slump. For the short term, I'm currently looking at an improvement in relative strength with increase in daily volume along with a possible move above support. Earnings are less than a month away and I'm not looking at this as an earnings play....
Stanley Black & Decker, Inc. provides power and hand tools, mechanical access solutions, and electronic security and monitoring systems for various industrial applications. . SWK is currently trading around $82.20 in a 52 week range of $73.77-$92.76. The company’s stock has been over performing the market this year with shares rallying year to date. Options...