TROW: [FIB] Resistance (Motive) and Retracement (Corrective)(Layered) Resistance Speed Fans (Motive)
(Single) FIB Retracement (Corrective)
For Educational Purposes Only
TR1 trade ideas
STOCK TRADES MAY 15TH ARE YOU SCARED OF TRADING REVERSALS?Ever wanted to know how to trade market tops and bottoms?
If so drop a comment below.
Meoh Short Trade- Stop 71.30 Entry 68.55 Target 1 63.05 2:1 Target 2 60.3 Target 3 optional trail
Short setup is forming as market retest range highs
www.tradingview.com
NBIX- ENTRY 90.92 SL 95.01 T1 86.92 rr 2:1 T2 77.01 rr3:4
Short setup is forming as market retest range highs
www.tradingview.com
TROW ENTRY ON OPEN 117.30 STOP 120.30 TARGET 114.30 rr 2:1 TARGET 2 106.30 rr 3.66
short setup is forming as market retest range highs
www.tradingview.com
TROW up to new highsI have been long on TROW over the last weeks. The price has now broken a congestion range. Let's see if it can reach the double bottom target in the next weeks.
TROW: confirmed double bottomMy double bottom pattern screener program has spotted another price with a confirmed pattern. It may pul back to support in the next days. The double bottom moved the rice away from the bullish channel support line.
TROW - dividend champion with 3,2% payout increasing 15% yearlyTROW is another company that pays currently 3,2% dividend per share, increasing their dividends yearly for 15% in the last 20 years.
fair value: 75$ currently trading at 71$
1% long term debt (!), 15% increas of dividend in the last 20 years
TROW holding support, so far. A bounce maybe?Technically Speaking
TROW is holding support at 65, a level that has proven tough to crack.
The first level of supply comes in 76-78.
What to do?
If looking to get long, stop out under the red line on chart(62.50), targeting the 76-78 level(blue line).
