As a followup to my post earlier today I wanted to give some additional perspective on past Merger Arbitrages, both good and bad, using the Baxter NYSE:BAX buyout of Hill-Rom last year and the failed buyout of Rite-Aid NYSE:RAD by Walgreens NASDAQ:WBA in 2015.
Long-term diagonal trend line Support is about to get tested for the 10th time, bounced every time. Price approaching a FIB confluence level of 0.786 (a retracement of the last leg up) that started FEB 2019, Momentum divergence on RSI and cross over on MACD, Ichimoku cloud on the monthly chart shows price bounce from the cloud, will it repeat this...
Broke Downtrend Created a higher low and higher high Curently testing support and closed with a Hammer TP initial$ 84 second TP $87 SL below the latest higher low $74
Hi everyone, after a week off I'm back to the stage! There are still plenty of names that are going to have their earning report this week. Again, this series is more about "How I check up names during earning season" rather than focusing on some specific names or plans. Mon: MAR, SHAK, TSN, TTWO Tue: FIS, MNK, DIS Wed: DDD, AIG, BKNG, JACK, LYFT Thur: ATVI,...