Hey my friends, DXC TECHNOLOGY COMPANY is in a bullish momentum with a hammer candle and low sell volume traded. Looking at the TIMEFRAME M1 we see an upside down hammer candle with a high volume of purchase issued, it is going to its last lowest. Then wanting to turn around, it will breakout its price and subsequently breakout a range to land in the next and...
DXC has ran up into its nearest resistance at the 23 level, i expect a bounce off that resistance back down to the moving average level around 21. If it continues to run up beyond 24 then this setup is invalid and i'll exit trade.
The stock DXC built up a chart pattern called ascending triangle and due to DXC making higher lows it looks like it is about to break out of resistance level around 19.46 Let us see how the stock moves in the past few days
#DXC. 09.06.20 Now from my point of view it's time to pay close attention to this paper. DXC is an American IT company created in 2017 from the merger of the assets of Computer Sciences Corporation and the HPE Enterprise Services division of Hewlett Packard Enterprise. Since September 18, the paper has been in a protracted downtrend (historical high from 21.09.18...
Need to hold this price, if not 25 soon, and need to break 36-37 range as mentioned in the chart to continue uptrend
Impressive earnings report details. Source Business wire Q3 earnings per share from continuing operations was $0.32, including the cumulative impact of certain items of $(0.93) per share, reflecting restructuring costs, transaction, separation and integration-related costs, amortization of acquired intangible assets, and a tax adjustment Q3 non-GAAP earnings per...
Consolidation on declining volume
Hi, today we are going to talk about DXC and its current landscape. DXC Technology gained a lot of attention on the after-hours session yesterday after the company that provides IT services B2B reported that missed its estimates for EPS in -2.82% and Sales revenue in -1.4%, both lower than expected. During its conference call, the company addressed the issues that...
DXC has broken out of its flag pattern on the daily chart to the downside. I would expect a quick profit and shorting to $61 range. That's about half the range within the flag consolidation it was in, which is typical measurement of breakout potential. I put a stop alert at the $65 level which is right around moving average resistance. 1:1 risk/reward ratio on...
might be a good candidate for some medium term puts $XLK $QQQ (A Curzio pick)
DXC: DXC Technology 2019-01-07 07:30:00 DXC Technology to Acquire Leading Digital Innovator Luxoft
DXC looks like it should be a good swing trade, MACD crossing soon and day over day gains.
DXC possible cup and handle pattern developing. Looking for a move back over $80 near term. $DXC