Uptrend
It seems, the correction has reacted to s/r zone and right here after getting a good trigger, e.g a bullish candle, entry to buying position could be a good choice, As always do not forget setting a sure SL for it. Good luck
Uptrend
This chart has entered after passing of 300 and now there is an other breakout powerfully.
There are some minor resistance in this way but I suppose 430 is the major resistance and target.
As always, do not forget setting up a good SL for your position.
Good luck.
After a long time, The last top has been broken by a weekly good bullish candle that can be a sign of correction ending. As all my views, after breaking a trend line and passing of a level, uptrend has been starting and it could be a good opportunity for entry by finding a good SL for it.
The PEAD projected a Bullish outlook for $WAT after a Positive Over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
The PEAD projected a Bearish outlook for $WAT after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
The PEAD projected a Bullish outlook for $WAT after a POsitive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 40%.
Price has experienced in the past a strong bounce off the 100MA
A similar situation is evolving right now
My question is will we see a large rise following this area in green? As was seen in the prior situation
Perhaps the sharp rise in prior sense was seen due to the relative age of the stock price
This morning I received an alert for an opening volatility spike on NYSE:WAT . This opportunity is occurring as price action respects a 50% Retracement Level on the Daily/Weekly as support.
$WAT rallied a further +8.92% to a new all time high since our last posting, closing at $307.91. The past 4 days of trading session is met with consecutive reduction of price volatility in $WAT, coupled with decreasing session volume. $WAT is currently 91.80% owned by institutions and insiders.
With $WAT remaining well below its peak implied volatility of 2021,...
U.S. stocks climbed to record highs on Monday with both the Dow Jones Industrial Average ($DJI) and S&P 500 ($SPX) hitting a new record close. This is on the back of a strong bounce in U.S. job growth and solid data in the services sector raised expectations for a swift economic recovery from the pandemic.
$WAT rallied +3.84% to an all time high closing of...
This is a breakout pull back setup from an earning gap. Watch for signals of bottoming and turning higher. The hammer candle today is a good start.
Waters Corp (WAT)- MANUFACTURES LIQUID CHROMATOGRAPHY/MASS SPECTROMETRY INSTRUMENTS PRIMARILY FOR THE PHARMACEUTICAL INDUSTRY.
Hello traders, WATERS CORP is in a bearish fake composition with a hammer candle and a strong sell volume traded.By zooming in on the TIMEFRAME M1 we see a marubozu with a return of past stable purchase volume, it leaves on the basis of the bollinger for a test. And reach the highest of the bollinger after checking the VWAP to finish at the top of the range. It is...
I see great short and long potential with WAT. In the past once it hits the support it goes up and once it hits the resistance it goes down, and right now it is right at the support level so im expecting it will go up very very soon.
WAT is approaching our first resistance at 209.13 (horizontal swing high resistance, 78.6% fibonacci retracement, 100% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 191.95 (50% fibonacci retracment, 61.8% fibonacci extension).
Stochastic (89,5,3) is also approaching resistance and we might see a...
Nice setup here, trendline has been right along the daily 200 for a while. If the market can hold and not drag it down, could be a good long back to the top R trendline.
