XYL- Breaking down from Strong upward channel. Money-flow turning negative. it can drop all the way down to 32 For ideal entry would be around 44-45 if it can adjust in next day or two. We are considering Oct16- 40 put; last trading price $0.54
Buy pullback to demand zone highlighted in yellow. Entry: $44.82 Stop Loss: $44.21 Target: $46.10
In a strong up trend however it's forming a bullish momentum divergence in the daily chart which suggests momentum is slowing. Buy on a pullback to demand zone. The demand zone highlighted here in yellow also coincides with former resistance on the weekly chart. Entry: $39.47 Stop Loss: $38.93 Target 1: $43
Black Swan Harmonic Pattern completed on XYL
Xylem Inc (XYL) is a provider of pumps and pumping equipment for water and wastewater applications. The company’s stock is currently trading around $38.35 in a 52 week range of $23.61-$38.50. The stock has performed well over the past year with shares rallying nearly 36% over the past 12 months. The stock made a new all-time high today and is up nearly 1% on the...
Price has formed a pin bar at a supply/resistance zone