Reasons for bullish bias: - Price gave resistance breakout - XABCD pattern - Bullish divergence - Positive Earnings Here are the recommended trading levels: Entry Level(CMP): 167.48 Stop Loss Level: 143.85 Take Profit Level 1: 176.88 Take Profit Level 2: 191.45 Take Profit Level 3: Open
Reasons for bullish bias: - Price forming a bull flag - Entry at breakout of pole (Safe entry for further confirmation) - TP till projection Entry Level(Buy stop): 202.04 Stop Loss Level: 184.81 Take Profit Level 1: 219.27 Take Profit Level 2: 242.16
Zoetis Inc. (ZTS) presently testing key channel support, able to absorb weekly selling pressures. From here, (ZTS) can rotate higher to channel resistance, eliciting gains of 20% over the following 3 - 5 months. Inversely, closing below channel support would indicate a sell signal where losses of 10% would be expected over the following 2 - 3 months, where...
Short term bearish action is going to see a reversal due to the presence of this H&S structure on the 4Hr chart for ZTS. This is a perfect inverted H&S structure and we are yet to see the bullish right shoulder results.
ZTS has formed a nice upward trend line that was quite strong for a long time, however those times are over, as price has strongly broken this trend line Only a few periods in the past are comparable to the current state It is not something I would long based on TA
The continuation of the uptrend may have a target in the region of 210. Perhaps, it will be possible to buy stocks on rollbacks downward. Also, pullbacks down can give ideas for medium-term deals with small targets.
Great pattern on the daily. Looks good through 168 with a stop under 164. Looking at a medium-term base breakout to the upside. Not a very fast mover but we should be looking at a good 5-6 points at least if all goes well. Sorry for not posting as much I have been avoiding trades due to the election
I found this pattern at tickeron website with the following data: STATUS = Confirmed CURRENT CONFIDENCE = 66% TARGET (EXIT) PRICE = 166.29 USD BREAKOUT (ENTRY) PRICE = 162.17 USD DISTANCE TO TARGET PRICE = 2.83% EMERGED ON = Sep 24, 12:00 PM (EDT) CONFIRMED ON = Sep 28, 09:30 AM (EDT) WITH CONFIDENCE LEVEL = 74% A broadening bottom can be characterized as a...
I'm going long ZTS. Goodluck.. Trade at your own risk. $126 Calls look good.
Zoetis stock is as animal-health products remain "essential" despite the coronavirus pandemic. forming Head and Shoulders?
Bought a single put Nov 22 EXP strike was 119. Just a quick trade, max loss is $100 max gain is $300 looks like it'll go lower to $114-115. Exit will be next Friday.
ZTS put spread 125/120 Cost is $1.5 Max gain is $175/ $325 at sale of option or $3.25 Limit already set GTC Max loss will be taken October 14th end of day if my options plan is a failure. Max loss is $113 Bearish divergence it seems to be trending lower will see how it plays out.
Trendline support was broken. Now the price is making a pullback to the broken trend. Risk trade to sell closer to trendline. Less risky to sell on break of the first trigger. Target 38.