Clear short area - also helps that price breaching upper daily bollinger bands signals reversion.
NASDAQ:IDXX is forming a cup and handle breakout pattern. What's interesting is the cup's highs were long-term resistance at all-time-highs. So, a breakout leaves no resistance in the way of a rally. I added a trend-based Fibonacci extension to try and get a price target, and it printed between $300-$307. For trade updates, @DoozyTrader on Twitter.
IDXX: IDEXX Laboratories, Inc. 2020-02-12 16:15:00 IDEXX Laboratories Announces Increase in Share Repurchase Program Authorization
buy only above 275.25 target 278.55 282.85 sl 270.25
IDXX stepped down after reaching a new all time high. The stock is under moderately heavy Dark Pool Quiet Rotation™ at this time. The bottom red line indicates the top completion level support.
IDXX has dropped down below its previous all-time high after retesting the high resistance level. The stock has fairly consistent lows within the range. Support levels are potential bounce areas.
An intraday high potential, Back Tested Sort Analysis. We ll try to enter into the correction of the uptrend movement. DETAILS ON THE CHART NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
NASDAQ:IDXX short below 201.90 Please like, comment and follow if you like my ideas. THANK YOU!!! Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Long based on trend analysis My Entry: 203.75 Stop Loss: 190.00 Profit Target: 250.00 Risk/Reward: ~1:4
The price is going down. Below to 30MM and the RSI is going down too. Don't buy.
My WT Cross Strategy has alerted me to a buy signal for IDEXX LABORATORIES INC. ( IDXX ), at a price of $245.43 using a 120-min time frame. My idea is to buy the dip, at a price below $245.43. I will update when I get the signal to close the trade. I am using the following parameters for this trade: Channel Length - 1000 Average Length - 1 Average Length2 -...
As we can see, there's always a consolidation before an breakout. Since the trend keeps going, wait for the next candle to close above the resistance, thats my entry. if there is a sign for trend reversal, it is a good short oportunity!
IDXX is forming a flag formation. It seems broken out of its flag consolidation & now heading upward. With the flag breakout it can go up to $160 * Trade Criteria * Date first found- March 9, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $149.73 Exit Target Criteria- $160 Stop Loss Criteria- $146.23 Please check back for Trade updates....