Earnings Play - EquifaxBullish on EFX for its upcoming earnings (release is 4/17 after the bell).
Initital target = 275
Goal Target (near-term) = 290-300
Goal Target Mid-term = 338 (that will be the top before a new corrective wave starts)
EFX trade ideas
EFX, BUY, -3.52% LOSSBought NYSE:EFX on 10/18/2023 at market close and closed position on 10/19/2023 at market open. Net -3.52% loss.
💵 E a r n i n g s J o u r n a l📶 S T A T I S T I C A L A N A L Y S I S
Current 50-Day Market Trend: short/sellers/negative.
Next Swing: positive swing to resistance.
Next Wave: buy wave to the deviation.
Next 50-Day Market Trend: long/buyers/positive.
Trade Type: Touch & Go don't wait for a close.
💵 E A R N I N G S A T A G L A N C E
Release Date: 10/18 AMC
Quarter: FQ3'23
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Revenue Anticipations: positive surprise of Revenues.
Revenue Surprise-Confidence: on a scale of 0-9, #5
Revenue 2-Year Trend: the company trend in Revenues is positive.
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EPS Anticipations: positive surprise of EPS.
EPS Surprise-Confidence: on a scale of 0-9, #6
EPS 2-Year Trend: the company trend in EPS is neutral.
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📝 S Y N O P S I S
🟢BUY: If the earnings report is above the Wall Street consensus, I expect the market will buy the +surprise.
⚪NEUTRAL: If the earnings report is released with complicating press, I expect the market will avoid the surprise and invest in alternative securities.
🔴SELL: If the earnings report is below the Wall Street consensus, I expect the market will sell the -surprise.
🔎 R E S E A R C H D E P T H
Technical Analysis: daily chart.
Fundamental Analysis: EPS & Revenue data.
Press/News: none.
Social Media: none.
EFX, Massive HEAD-SHOULDER-FORMATION, Huge BREAKOUT Incoming!Hello There!
Welcome to my new analysis about EFX Stock Market Price Analysis on the Weekly Timeframe Perspectives. EFX recently developed important dynamics within the whole structure that can indicate further substantial determinations in the next times. Especially after forming the all-time-high at 290 and the pullback that followed this all-time-high EFX formed several lower lows that should not be underestimated together with the main waves towards the downside such a structure is indicating a crucial bearish inclinement that could accelerate down the line.
As when looking at my chart EFX now emerged with several really important structure dynamics that are indicating the further price action that awaits EFX. Within the past days EFX pierced the 200-SMA marked in blue to the downside and already formed a new low below this ever so crucial SMA which served as a major support in the trend-structure before. Furthermore, EFX is now forming a local head-and-shoulder-formation slightly above the SMA with the right shoulder about to complete within the next times and once this right shoulder of the whole head-shoulder-formation has been completed this means that further bearish momentum is likely to develop the next lower lows within this structure.
What is also crucial in this whole structure is that EFX has formed this main descending-resistance-line to the downside marked in red in my chart from where EFX already pulled back several times to the downside meaning that there is a overwhelmingly high indication that EFX pulls back from this descending-resistance-line once again with forming the right shoulder of the whole local head-and-shoulder-formation. Such setup will complete a massive origin for the next lower lows to be formed till other supports in the whole area are tested which consist of the neckline of the global big picture head-and-shoulder-formation as well as the 400-EMA marked in red. These levels will be determining for the completion of the whole big picture head-and-shoulder-formation because once EFX broke below these levels it will mark the completion of the whole global big picture formation.
In the next times a pullback to the downside with paramount bearish inclinements should be considered. Once this happened the next pullbacks below the neckline of the global big picture head-and-shoulder-formation will complete the whole formation bearishly to the downside and will setup the origin for the massive wave-C-extension from this origin on. With the breakout below the neckline EFX also is going to have completed the major wave A and C of the major global wave-count consisting of the waves A, B, and C. From there on the wave C extension with further bearish pressure will setup and this wave C extension will move on till the final profit target zones have been reached within the whole structure which simultaneously serve as support levels to determine a potential change of direction. Once the whole head-and-shoulder-target-zones have been reached further determinations of a potential reversal need to be made. Indeed, it will be a important development and therefore we will keep the symbol on our watchlist and move on forward with the formation completions on the data dashboard into the right direction.
In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated.
VP
EFX bullish continuation for expect
Hi viewers, EFX price on zone, in last periods bullish push we are have, cuurntly here for next period still bullish for expect
TP1:223
TP2:232
EFX DCA - Inverted H&S 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 formation.
Inverted Head and Shoulders Pattern:
An inverted head and shoulders pattern is typically recognized as a bullish reversal pattern, often signaling a transition from a downtrend to an uptrend.
Analysis:
Equifax's price action has been forming an inverted head and shoulders over the past 411 days. The horizontal neckline, which currently acts as resistance, is around $223.50. Despite the lack of symmetry between the shoulders, the right shoulder being higher than the left is often considered a positive sign.
Interestingly, the right shoulder itself contains a shorter-term head and shoulders continuation pattern that has been forming for about 188 days. It's worth noting that the price remains above the 200 EMA.
Aggressive traders could have already positioned themselves with the break of the right shoulder at the head and shoulders, but for the conservative ones, we are patiently waiting for a break above the horizontal neckline.
The price target for the inverted head and shoulders pattern is $300.84, which represents an approximate increase of 34.58%. Meanwhile, the shorter-term pattern suggests a price target of $257, or around a 22.77% increase.
Conclusion:
The daily chart of Equifax Inc. presents an intriguing situation where a short-term head and shoulders pattern forms within a longer-term inverted head and shoulders. A confirmed breakout above the neckline could signal a bullish reversal and offer a promising long position entry.
As always, it's crucial to perform your own due diligence and employ suitable risk management strategies before making any investment decisions.
Thank you for tuning into this analysis. Please remember to like, share, and follow for more market insights. Happy trading!
Best regards,
Karim Subhieh
Equifax: ShortThis 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.
EFX is showing on stikstockitslive proprietary scannerEquifax is a play for the short term. Team: Please recall that you must keep in mind the particular folder that you are trading or investing.
With that said, the stikstockitslive proprietary scanner has an impeccable win rate.
Do you know which side that you should be playing for tomorrow morning and further?
Good luck out there.
=stikstockitslive
EFX: Equifax stock's price is in the process of bottoming • EFX is in the process of bottoming after more than 50% decline
EFX stock’s price has fallen almost 51% from Dec 2021 peak. Recently it has bounced back from a key zone between 147 and 162 which suggests that stock’s price is bottoming out.
• Q4 2022 Oversold zone is a range between 146 and 157
• Q4 2022 Overbought zone is seen between 199 and 203
Price is likely to remain volatile between a wide range between 146 and 203.
• Opportunity to buy dip around 157
If we assume that stock has bottomed, any price weakness could create an opportunity to buy dip. Support zone would be the area between 146 and 157. Equifax stock is likely to stay withing a wide trading range between 146 and 203 (40%) by the end of Dec 2022.
$EFX with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $EFX after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
EFX - Third Bottom TouchPrice is trying to establish support along a strong resistance line
Due to this price will most likely be rejected, once rejected a recovery can be expected at the lower trend line, forming three distinct bottom points
Broadening Wedge
EFXEFX Uptrend Price Channel standing on the mid-channel support line.
Low volume and weak MACD and RSI.
Might break support
$EFX with a neutral outlook following its earnings #BeststocksThe PEAD projected a neutral outlook following a negative under reaction after its earnings release placing the stock in drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
EQUIFAX Opportunity DailyHey guys, EQUIFAX is in a bullish movement with high executed buy volume and hammer candle shape. In the TIMEFRAME M1 we see a hammer candle with a low volume of purchase issued but we see a few minutes before large ones. It is on top of the great potential stabilization zone to go to the next high (See TIMEFRAME H1). Then a drop breaking gap will be filled to go to the last previous high (See MULTI TIMEFRAME H4 and D1). After that if the buyers are really back to breakout the stabilization zone again.
Please LIKE & FOLLOW, thank you!
Breakout Algo Buy SignalNot Trading or Investment Advice!!!
My breakout algo issued a buy signal on 6/5.
Buy at 177.01
Wait for update on exit price
Risk control:
use 3% of portfolio capital
Double bottom on EFXConfirmation point double bottom pattern on Equifax stock (EFX) passed.
1. Waited to see price reach 125.00
2. This stock has dropped a lot recently but this is a reflection of the current market situation not the share.
3. Double bottom pattern is a historically accurate pattern to trade.
Points to consider
Corona virus has been making the markets very choppy therefore a wider stop just in case of any drastic movement shaking it out.
Price is currently in a ascending so overall bullish but risk management is important here. Protect your money people.
Lets make some percentage gains!
EFX, Equifax Inc. - Potential breakout on RectangleNYSE: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 systematic and disciplined in your operations.
Stay Tuned!
