Entry: with price at or slightly above 51.35 Volume: with volume greater than 4.56M Target: 56.71 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 51.34 & target of 56.71, a stop at 49.55 gets you 3/1 Reward to Risk Ratio. This LONG swing trade...
equilibrium triangle buying third lows as part of methodology
G/G trend with a pullback after earnings. Has 3-4 propulsion dots across 13/21/34 propulsion dots. Vscore area, RAF just below extremes = Minor low breakout. The only thing about this price action is I would wish for a larger pullback. The entry here is above 13ema, despite the momentum. Volume support is lower and starts around 41.30. I'm going to take a...
Notes: * Strong up trend since 2020 * Great earnings in the recent quarters * Basing for the past ~14 months * Recently bounced off historical highs around $31 * Forming a nice and tight pivot area around $35 * Offering a very low risk entry * Showing signs of strength and accumulation Technicals: Sector: Industrials - Specialty Industrial Machinery Relative...
The PEAD projected a Bullish outlook for $HWM after a Positive Under reaction following its earnings release placing the stock in drift A.
HWM Initial Long on the daily. TPs and SL on the chart. Max leverage/margin or call option play.
Breakout to ATH pullback setup on $HWM is as good as they can get. One of the setups I am focused on this week.
If breakout wait for pull back buy off support line which was previously resistence. else if it pulls back to $36 level, 1/2 full size position with stop loss at less than 33.40 Big Picture story: Microchip Shortage = Demand
➡️Pattern recognized: Running flat ➡️Hypothesis: Neutral ➡️Catalyst: Earnings in 3 days ➡️Conclusion: Credit spreads ***This does not constitute financial advice.*** If you like what you see why not support us? 👇
From looking at the past. Every time $HWM reached its All-time high (ATH). It dropped and consolidate. Be careful when $HWM reached its ATH again which will happen pretty soon recently. Better cash out some part of your position or use the put option to protect your investment. For self-education use only. Not financial advice.
Hey my friends, HOWMET AEROSPACE is in a bearish fake dynamic with a kind of water-carrying candle followed by a marked bearish leg and a buy volume return made. In the TIMEFRAME M1 we can see a large hammer candle with a low return of issued purchase volume. It came to check the base of the bollinger to get to the top of the balance zone and test it. Great...
After an uptrend the last months, price is in a consolidation mode, for that reason, we are in favor of a break of this balance
Howmet manufactures components for the aerospace, ground transportation, defense, and industrial sectors including aluminum sheet, plate, extrusions, and other specialized parts. November's Q3 earnings report showed a 37% decrease in revenue Y.O.Y compared to Q3 2019. This was likely due to the pandemic's impact on commercial air travel and aircraft...
cost basis: $16.75 tight stop loss based on today's low easy 4% to fill today's gap down
The price now at level .618 he tried twice in the yellow cycle as you seen in the figure to break the level (A) but he failed If the price can break this level (Green) we will see the price at next resistance level .1 and the green one will be strong support level . My transaction is clear take profit at 22.00$ Entry price at 17.79$ Stoop loss at 15.30$
This is a Bullish indicator signaling HWM's price could rise from here. Traders may explore going long the stock or buying call options. I identified 47 similar cases where HWM's MACD histogram became positive, and 40 of them led to successful outcomes. Odds of Success: 85%.
Some quick price action analysis shows an uptrend. Hoping to make an easy 50% here.