If SYY breaks below yesterday's close, there's room to Gap Entry at 71.35. Next pivots going down would be Gap Fill at 70.91 then 69.87 pivot.
Fundamentals are Bullish; Free Cash Flow, Earnings are + w/ momentum; Dividend Payer -- use them to buy pennies like $PTN to bet on sex and $IGC or $XXII to bet on 420, whatever u like, or save them up to get more low cost monthly dividends stocks like $CHW $PKO $PTY I already entered many of these tickers above Know this is a long term hold for me if...
Went short on this friday at 60 can still see more downside to 58-57 may revisit blue uptrend line
SYY tested its uptrend support line from July of this year. The next suport is at $53.34. What started as a blastoff higher ended a day later with a Fast Ball XRV setup lower. We will look for short sale opportunities at intraday support and resistance. NYSE:SYY
Nice bearish candle on the daily. I"ll keep this open until 2 pm Est
Clear long bias with demand being created and supply being eliminated
$SYY - Sysco Oversold Descending Wedge Expect to approach $60 in near term, continuing in long term uptrend channel
Long trade if break 53.2 resistance next days. Getting out at 54.3 for a 2% profit
short with 17 feb 55 Put entry: 2.40 target: 4
My buddy Stephen S is in the trade long since the first 15 mins of the day. His target is about my stop. Nice small double top up here, with a OBC on the 5 min. R:R is decent into the 10 ema on the 15 min chart and/or the VWAP
1Harami +nice strong Green soldier 2.Momentum warming up 3.No Broken uptrend 4.Regression oversold 5.Hold from week ....
At top of rising channel into earnings Monday before the market opens. Options traders are selling November puts for premium at bottom of channel