Company: Equifax Inc.
Ticker: EFX
Exchange: NYSE
Sector: Industrials
Introduction:
Hello, and welcome to this technical analysis! Today, we're exploring the daily chart of Equifax Inc. on the NYSE. We observe an intriguing pattern within a pattern: a shorter-term head and shoulders continuation pattern nested within a longer-term inverted head and shoulders...
This stock came up while scanning for stocks that are primed to fall. Take a look at the MACD, it has crossed with plenty to fall. The stock itself has formed a megaphone pattern with plenty of room to fall.
NYSE:EFX
A clear rectangle pattern that is being completed after more than four years of retesting the level of support and resistance.
We're waiting for a continuation or reversal breakout.
In the meantime we set the alerts to 150 and 88.
Profitable trading does not depend on having the perfect indicators, oscillators, trading system.
It is you who must be...
Fundamental Analysis
It appears Capital One isn’t the only company affected by this--it’s just the first company to publicly acknowledge it has been hacked and the most proactive in addressing the security situation. Meaning... as soon as other companies report the same, they will get the bad attention.
Because of the breach they will lose $150M-300M,...
Looks like confirmation is just about in for this double bottom pattern on Equifax stock (EFX).
There is also a gap down that needs filling on this chart.
Based on the stronger upward trend in the lows since the breach, after the tip of the triangle is met, I believe the stock will surge to around 225.
I am supporting this analysis by the following:
-the stochastics just crossed
-MACD looks like it is going to cross soon
-There was already a slight dip in the RSI
This is my first chart so let me...
EFX is looking strong... I have my order in today to get on the trend train.
But be cautious, they have many issues to iron out.
Some deep pullbacks to be expected, and can be potential opportunities to add to positions.
EFX after multi day bounce off its news we had an exhaustiong gap today. watching for this stock to go red on the day and crack support on 60minute chart and will initiate short position for the next couple days. Ideally a green to red move today will trigger. I an not in yet! Need this to trigger.
