INTU closed the day Friday just above Thursday's high. Technically this means we should remain in pursuit of my upper target. Will be keeping an eye on this one tomorrow. #INTU $INTU
INTU closed the day Friday just above Thursday's high. Technically this means we should remain in pursuit of my upper target. Will be keeping an eye on this one tomorrow. #INTU $INTU
set you alerts at today's high/low. if it breaks with volume , expect it to continue on the my targets on that side of the break. #INTU $INTU
Intuit, D1: Support line + Mirror level + Hidden divergence + Hammer
INTU chart has reached a key structure zone on the daily chart. It was climbing in the uptrend since the selloff and did more than 50% retracement. I am bearish for the following reasons: 1- high S&P500 correlation. All major stocks are now trading more or less with the market, and I am bearish on SPY on the fundamental basis. 2-The structure level is strong...
First off, please don't take what I say seriously, this is on opinion basis, and I may have a conflict of interest. That being said, let us get to my thoughts. Both stocks are in the same CRM and cloud computing industry categories, and both had very similar growth correlations and periods. I believe as a long hold, both stocks are still continuing to meet many...
INTU. It has completed a major minueette wave (ii) at 0.5% FIB retracement of sub-wave (1) of 1. It has also completed its minor wave 2 of 1 in a a-b-c pattern. From here, INTU is in a strong bullish impulsive 5 waves structure towards 0.5 - 0.618 at 340-355 at (v) of minor 3. Resistance at around 292. Potential R/R 6:1.
Intuit Inc. is close to buying Credit Karma Inc. for about $7 billion in cash and stock deal. The purchase, which could be announced by Monday, will push the maker of TurboTax deeper into the consumer finance space, the newspaper said. The acquisition would also be Intuit’s largest in its 37-year history. Technically the stock is in little correction, but the...
RSI looks bullish Hopefully swing back up on earning report.
INTU is completing a very short-term bottom formation, and moved up on strong volume. The all time high is well above the price for a Swing Trade run on momentum.
I see that the zone 240-249 is strong, there you can buy INTUIT, the MA500 look good under our zone and give us support. The Targets are in chart , Good luck)))
See trade details in the chart. I see there is a bullish divergence on the daiily and on the 4H chart. Weekly is still bearish, but in the bearishness I do expect the uptick as shown in the chart. It won't be a complete reversal per se, and and I more expect to get out at the bottom of the target zone, which will still be a 1:1.7 R/R ratio. Stoploss is set on 2...
Weekly breakdown both indicator and trendline. Retesting broken trendline now, initiate short, TP ~168
Unless something miraculous happens for Intu that makes the bull trend continue I think we could see the price of Intu shares drop even further. Wait for confirmation of the double top, if we see the price climb higher it will invalidate the setup. I'm looking for confirmation around 174.5, just below the bottom of the red candle of the 7th October 2018. Target:...
Possible breakdown on INTU if SPY continues its downtrend. May fall below neckline and if the bounce back is weak there is a good short setup.
Intu has under performed the FTSE and the Real Estate sector over the past 3 months. The short term trend is negative and the stock scores poorly in my fundamental model.