WHR trade ideas

KLang

Observation.

KLang

Potential BAT. If Flag breaks out, I'd take some off at the first tgt which aligns with AB=CD 1.272 and BC ext 1.618.

gregharmon

Is that enough?

KLang

Watching for SYM TRI break out.

rv

Massive double Top 2010. Fall. Relentless Rally from 1/2012. Symmetric Triangle(ish) Consolidation. 5 waves Wolfe, potential. RSI brake_down from overbought levels. MACD crossOver. Earnings are getting worst at each progressive turning point, with subsequent smaller reactionary waves. 5th wave choppy, so could expect a choppy reaction. (?) in the form of abc...

KLang

Long consolidation and my "feeling" is if it breaks out, it won't be a big one. Notes on chart.

bigrediska

Momentum is positive.

bigrediska

The pivot points began to measure the rise.

bigrediska

There is good support in the field of complete correction.

bigrediska

Confirmed rise above EMA 200 will mean very bullish signal.

andrew.berg

Whirpool sitting on its 200 EMA , below all key moving averages. It found strong resistance at $156 (tripple top) and starting from there sold off aggressively then price retraced to moving averages in very controlled manner. On 27 of May selling in stock resumed and now we have few inside days to absorb this big, red candle near lows in front of support. I put...

bigrediska

A short position is better to open near the upper boundary of the bearish trend.

JimMakos

WHR is up 150% in the last 18 months with minor volatility. goo.gl Just the way I like it for position trading! Sorry Bitcoin... Next time someone asks me what an uptrend looks like, I'll show them Whirlpool's stock chart!

KLang

Update of chart from about 4 weeks ago. Moving towards target. Daily presents another consolidation flag. There's a gap below to fill should flag break down

KLang

Notes on chart. Bull Flag may be developing.

KLang

Potential Bull Flag setting up

bigrediska

Like this.

bigrediska

This short position for traders with strong nerves.