These food additive companies manufacture agricultural ingrediants and additives that nakes its way to prodcust in grocery stores. Archer Daniels Midlands Co, Bunge Limited, International Flavors & Fragrances, Ingredion Inc, DuPont De Nemours, LyondellBasell Industries, Kerry Group, and Givauden are arguably the largest in this type of category. These companies...
XLB materials sector saw a nasty down day today despite the S&p500 closing positive. Clear relative weakness is being observed. One of the leading stocks in XLB : DD (Dupont) collapsed by 14% after issuing weak forward guidance ahead of their earnings. If they're expecting softer demand from China you can almost count on contagion through the sector.
Beautiful consolidation occurring above the weekly 365 MA This chart has held up near the highs remarkably well despite the market pullback. this name has had relative performance during this pullback which makes it a likely candidate to trend higher if the markets firm up. Using the breakout neckline as a stoploss. If this Inverse Head & Shoulders plays out,...
A big triangle has formed and is preparing itself for a breakout A smaller angled W pattern can be viewed at the tip of this triangle which I am highlighting Bars pattern shows the breakout of the triangle.
I am focused on chart patterns, and I do have personal favorites. However, I won't reveal those preferences today. My intention is to highlight just one pattern, which is the rising three methods. This is a robust continuation pattern, and I have noticed it on the weekly chart of DD. It is poised for a significant move!
DD is overbought also has legal liability issues along with 3M
DD Long breakout after ROG aquisition falls through DD is at the breaking out of a falling Wedge, breaking out of 2 andrews pitchforks ALready made the order in my Brokerage :)
Comparable areas in corresponding colors Very similar price movement as price moves between these two levels (1,1.618) The arrow points to a point of price that is similar to where we are right now
There is something that market is wrong about. The VIR and its blockbuster drug. This drug earns $1-1.5B per Q. + they are clinical stage company with Huuge innovative pipeline in HBV and HIV - treatments and VACCINES! And market prices them like @#$! while they will earn around their own 1x market cap in 2022 and will sit with so much cash, that the current...
SBEV is pretty crazy, they just got a distribution deal with Walmart and Ralph's 187 Grocery Stores . The ceo keeps locking in deals week after week. His name is Robert Nistico, he was a former VP at Redbull, the 5th employee that led the start-up from zero sales to $1.45 billion. Keep in mind this guy is well connected in the beverage industry. He's even...
The next GME bull cycle is here. Aug 24 - Sept 02 bull run, to unknown price range. Possible continuation until the 8'th of Sept. 9'th of September futures rollover we will either MOASS or drop down significantly as we did in March and June and wait until the next cycle and repeat. All in all, the general floor is increasing by $10-20 every cycle so if you held...
Intel looks to be forming a bullish pennant.
Swing trade idea for a $75.5 put 8-6 exp. Price Target $73 . MACD CROSS. Below the 200sma. Parabolic Sar and a breakout below the ichimoku cloud.
Elliot Wave Theory - Looking at higher lows down to Wave 4, finishing up in Summer 2022, then running up to $85-100k ATH for Wave 5. If we assume an ascending channel from the 2017 and 2021 all time highs, we can see the elliot wave locations at the bottom and tops of the channel.
DD posted good result, mining sector is hot currently, consolidation volume decreased, nice green candle with increased volume. I think its ready to run. hope you are enjoying my analysis, ideas here are for entertainment and education these are not trading advice
LTC is now trading around a very critical level. Thus, a Long position can be easily spotted for several reasons: 1. Fibonacci Retracement: Price is around 61.8% which is a very important level acting like a support here. 2. Formation of Pattern: A double bottom could be formed in the next few hours and it is clear that if the price rejects the 61.8% it...
Looking at the recent price action i believe its safe to assume that $0.038 - $0.045 is the new floor bottom. Vet is quickly catching steam as masses gain insight as to what Vechain is aiming to solve within supply chain and logistics. this is where companies spend most of their resources on things like nventory inflow/outflow server data...
Dupont heavily oversold, now breaking out of falling wedge, pay attention. Following green path for now.