WHR looks a little extended, but it might have more to go. I'm hoping next week it targets 200-205.
I bought a next week 200/205 vertical call spread. Financed with a 2-weeks out 190/185 put spread. Paid -.67 for the trade. (credit)
Hey traders, WHIRLPOOL CORP is in a descent rejected by buyers on a high volume of sales, it must fall further to work its price downward, seek its last lower precedent and start rising. It is plausible that we will breakout the consolidation zone or even go tried on the next, if buyers push their prices to new records.
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Entry level $145.62 = Target price $ 152.76 = Stop loss $143.56
Indicators all in bullish reversal.
Bounce of the rising 200MA.
Whirlpool initiated with a Buy at Goldman Sachs. Goldman Sachs analyst Susan Maklari initiated coverage of Whirlpool with a Buy rating and $165 price target. With North America appliance pricing and promotions remain a...
Buy and sell opportunity: wait for a bullish and bearish reversal in buy and sell zones respectively.
Monthly - up
Weekly - up
Daily - up
Long-term opportunity: buy
Short-term opportunity: sell
A lot of questions were asked today among they experts in the media as to why could NYSE:WHR be possibly dropping on a earnings beat,
something that is rarely mentioned on CNBC etc is technicals, that is the reason for it to drop. It simply hit resistance and sold off as investors told some nice profits.
This proves that its better to do your own research and...
Whirlpool was supposed to be a benefactor from Mr Trumps tariff war, it has not worked out that way, raw material costs have had a very negative impact on manufacturing costs. Whirlpool has taken measures included innovative new products to tackle this downside and it seems to be working. We believe earnings will be good for WHR spurned by the increasing consumer...