Pre-market and confirmation of the support (yellow) hints for break-out very soon. I have long position with this fundamentally good company and will consider slight overweight for swing trade. Your thoughts are welcome.
Price action trend is being confirmed. I'm considering the entry based on today's half day action. Thoughts are welcome.
The stock is currently giving very good opportunity for long entry. Analyst estimates: 550-560 Strong fundamentals I'm in overweight and will stay for long with ADBE as I believe in this company's strategy.
Today's massive pump is the repetition of Oct 20 followed by dump and further consolidation. By the date of inauguration we will break-out. There will be one more opportunity ahead to get on the trend. However, it breaks it before that, it's a buy. Any comments are welcome. This is for discussion purpose. I had this stock previously and decided to prioritized...
Positive for this stock for 2021. Still it may open up better entry options if 50% fib level @ 32.50-33.00 will be broken. If the resistance will be back tested upward then potential entry above it. Let's see & wait. Like if you agree.
From the start of the rally in Nov, the stock is most likely flagging to more gentle trend (white) with re-positioning occurs this week around resistance levels R1 and R2 with further trend formation till end of Dec.
The company is one of few beneficiaries of the pandemic. With strong fundamentals and news-driven recent gap - is a rare opportunity in the market. Moving as per fib-level right from the point of pandemic start in mid-Mar. The company was on the positive trend already prior to the pandemic. I'm going long with them. Your point of view is welcome. This chart...
Watch over potential break out @ 208.5-209.0 Target 1 - 218-219 with further upside to 248. Fundamentally good company. Would be interested in your comments. Purple line is monthly trend line 2009 - 2020
This week will be key to direct further price action Friday doji close breaking out from cup & handle or consolidating within bull flag - all says something is boiling.
Moving within the channel Potential entry @ 26 upon confirmation of trend line support R/R 1:2 with target @ 31 and 10% risk For discussion purposes, not an advice
This seems to me more than just coincidence considering the profile of product pipelines and therapeutic areas both companies bet on. I was watching both for some time and placed a position to $ABBV before earnings @ major support level, which was broken and then turned. Major support @ 468 (50% monthly Fib level) Potential upside to 700 with test of ATH 664....
Based on all information around this stock, current level of 23-25 is a balance with break-out setting to push to 30 in a very short-term to strong resistance. MA 20 (red) & Fib levels to become support upon breaking. MA 50 (yellow) current support. Thoughts are welcome. Not an advice.
Waiting for confirmation of the breakout Pass the monthly resistance @ $99.5 opens the road to 110 and 118 targets This will take the stock to P/E 20-21 with overall good fundamentals and growth potential + 2.5% div Good value/growth option - rare in the market nowadays
Risk is not justified. Fundamentals not supporting the upside. Pull-back possible to retest 45 support level (trend-based fib 50% level); if broken downward target to 38-35. If confirms the breakout from the forming bull-flag, potential target to 56, then 61. Then double-top setting to be tested. Would be interested in your thoughts. The analysis is for discussion only.
Waiting for break-out to enter long in this fundamentally strong stock + Lowest PE among peers, LT debt/equity, Cur.ratio and others are top vs. peers + Upward trend channel since Covid crash + Surging retailer investors fueling revenues and margins - Negative divergence with rising wedge pattern - Overbought market environment Any additional thoughts? For...
One of few winners from Covid. Running as per fib levels. Would be interested in your thoughts.