Homebuilders have been behaving well in a channel since the market low of march 23rd. Tuesday after memorial day was the first break out of the channel, and today's participation continues to give the sector a more positive view. Next tested resistance which is all time highs around $49.5 Next strong support is the 200sma (red line) RSI is taking us to...
For traders who are stuck in this stock, you may just want to continue to read this. Since you had been holding on to this trade, I would say hold on to a few days longer. That's what I'll do if I were you. A break and close below 0.895 might encourage me to prepare to cut loss. Another level I will be looking closely is 0.915 to spot if it breaks and closes...
Tutor Perini Corp NYSE:TPC stock price plummeted hard in the last year. It went from $17ish levels in Nov19 all the way to its bottom at $2.50 during the market panic this Mar20. Since then the stock is going up (yesterday close at $7.77). Governments across the globe are planning massive infrastructure investments to support their economies. As construction ...
Hi guys MartyBoots here PROPERTY IS CRASHING -- HOUSE PRICES WILL FOLLOW IF YOU ARE LOOKING TO BUY CHEAP PROPERTIES THEN WATCH THIS AMEX:XHB
Home Depot's momentum has definitely been slowing lately, and the stock dipped hard after its latest less-than-stellar earnings report. However, the stock often dips before its dividend and then bounces after. With the stock going ex-dividend today (0.63% quarterly yield), it may be time for a bounce buy. December is usually a good month for Home Depot stock, and...
Refer chart for the GADANG Trading idea - GADANG close at .715 today and success to break the RBS at 0.710 and break the middle BB (good sign to change it direction in uptrend) - If already in, TP can be targeted around the price .740/.770 (or whatever you like) and SL around .695/.690 (or follow your own study based RR that already calculate before entry) - FYI,...
Another 7 years of bull market. Good for commodities, housing, stocks, etc. I think the USD will weaken. TRUMP BUMP!
Sell Balfour Beatty (BBY.L) Balfour Beatty plc is an infrastructure company that provides maintenance, upgrade and management services in power transmission, utilities infrastructure, and road and rail. The Company operates through three segments: Construction Services segment, which is engaged in the physical construction of an asset; Support Services segment,...
Hopefully the title isn't a shock to you, given Brexit uncertainty for the past couple of year. Rising wedge is usually a bearish indicator but you might notice that higher volume days are accumulative - big boys taking bullish position? I'm staying away but have alerts set to look at possible shorts in the longer term.
Since last Fall (2018) the shares of Great Lakes Dredge & Dock Corp - NASDAQ:GLDD have found themselves in a steady grind into higher ground in a smart methodical manner as evidenced in the Daily chart above. With the stock trading above all of its important moving averages 20/50/200 DMA's, GLDD continues to display excellent technical characteristics. In...
It's early days, but an island reversal could happen. I think politics will drive the price more than mergers and acquisitions.
While 3.76% dividend yield isn't very high it is better than voluntarily forfeiting your money to the Japanese government in the form of negative bond yields (I apologise for my apparent lack of civic duty). Still, I expect a bit of a retrace before heading higher. This is 100% based on the chart and 0% based on fundamentals, although, I may be looking into the...
This could setup to be a big 2x or 3x move coming. $NCS is a metal building company and owns lots of components and products used by other companies. They had a big merger and are re-branding to Cornerstone. This will be huge for the company, and with steel prices looking to rebound a reversal is setting up nicely. Also, weekly bullish divergence is occurring (see...
Your main pickle here fellow traders. I believe a clear trade setup is here. Merger with Ply Gem might let this one take off. Green lines are/were uptrend channels, red for downtrend. Brighter colors for more recent/relevant ideas. Setup as follows: Entry below ~$7.00 Exit between ~$15.00-$16.00 - possible taking profits at other levels on the way up (i.e. $10,...
After last years end rally the gas price knows only one direction - down The price is now near very important resistance which has last high volume in this price area. This market is currently no trading area - wait for short confirmation and enter the trade after support line break Should 2,500 not break down the market has to be re analyzed The technical trend...
BUY TCSA3 on rebound after pullback to broken neckline on high amplitude inverse head and shoulders bottom pattern.
Deere & Company is one of the last to report earnings of the Dow 30 components today. High Frequency Trading firms (HFT) focus on blue chip earnings reports. DE is holding above the topping completion level for now but remains in a volatile trading range. All black lines on this weekly chart were drawn in the last quarter. Bounce support areas are defined in...
Chart shows a break back over .01 is very imminent. Below is the current DD and anticipated updates: investorshub.advfn.com