When it comes to picking stocks to Long, I tend to prefer the ones that gap up on earnings and keep hitting 52-week highs. LW is doing just that: hitting new highs, gap up on earnings and a nice, continued, uptrend with the 50-Day SMA steadily above the 200-Day SMA.
Would enter here @ 102 risking with a stop @ 91.8 and a 10% profit margin @ 112.
Could take...
If you are a fractalist, you will express alarm at the current pattern. Looks a lot like 3/2020. But that was COVID, we don't have COVID today (not to say we won't have a new Black Swan, but who can predict?). Here's what I like about this chart: it is showing a high and tight flag, which has broken the old pre-covid high of 3/2020. High and tight flags are...
Taking a hybrid signal we have pulled back to the same range as thurs jan 5th where we had an earnings based gap up wedge pop , I am calling this a hybrid signal because we have not bought the day of the wedge pop but rather waited for a subsequent area of interest were we may be oversold . I may be making a mistake in the sense that this is not back tested but...
The PEAD projected a Bullish outlook for $LW after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
This is very subjective, and I am not good with these analyses...
It seems like a Rising Wedge in an uptrend has established (though some might see a Cup and Handle).
Also there is a strong bearish pinbar candle, that has shown the sellers are winning.
The momentum is looking weak and we could very well expect a reversal from here.
I would only short though if...
The PEAD projected a Bullish outlook for $LW after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
The PEAD projected a Bullish outlook for $LW after a Negative Under reaction following its earnings release placing the stock in drift D
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➡️Pattern recognized:
Running flat
➡️Hypothesis:
Bullish
➡️Inter-market analysis: XLP 👇
➡️Conclusion:
I think we should expect a minor pullback during earnings as indicated by the chart.
***This does not constitute financial advice.***
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Hey traders, LAMB WESTON HLDGS is in a bullish push with a high volume of executed purchases and a rebound of buyers on the VWAP which catapults this stock. On the TIMEFRAME M1 we observed the same candle take off from the VWAP with an explosion of volume in purchase at the end of the session. It is in full test of the high potential breakout comfort zone the...
We are looking for the wave continuation toward November highs. Could be helped by any good news on reopenings although the Model doesn't care about the reopening debates because no one knows how this will play out. Just playing the odd
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model...
Hi friends
the daily chart shows that it will experience a downward trend in the next few days with a very high probability but at the same time it is better to be vigilant of the change from the direction to the opposite
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$LW has bottomed around MAY-JUN'19 and since it has traded upwards forming an ascending triangle, with resistance line around 83.86
Last week has broken AND CLOSE above that level on the back of better than expected earnings
All this would have been great if the MACD and RSI were not that high into overbought area
Ideally look for a retrace and possible retest of...
Virus or not, people still need to eat and with all the hoarding going on, food manufacturers have no issues selling their products.
Not to mention everyone's looking for a job and fuel and transportation are cheap right now.
Taking a stab at some calls for earnings BMO tomorrow.
