The PEAD projected a bullish outlook for $PKX 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 $PKX after a Negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
The PEAD projected a Bearish outlook for $PKX after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 87.5%.
We see multiple bottom here which may be an indication of strong support.
Given the strong fundamentals and good dividends I am planning to buy and hold it till it reaches previous highs.
And if the company continues performing in the same manner, may even hold it past the 90’s level.
There is a gap to be filled at around 51, so if it goes lower I will re-enter...
Another candidate for long term hold - also one of Munggers, seems to be on a down trend at the moment, so may scoop up some on a long term basis when I see some reversal signs.
Maybe wait for $71.23, 2nd entry at 50% retrace around $60, next around $51.15, and last entry on support establishment. Death cross last week corresponding with the bull flag. Earning skyrocketed over 300% in 1 year due to massive steel demand (shipbuilding, containers, essentially steel for everything). Anemic PE, PB, very undervalued. 25% future growth, became...
Technicals and Oscillators are indicating strong buy however my charting says to wait. MACD curling down, RSI indicating a pull back, fib levels indicate a pull back to same zone as the 100 day EMA right at the top of the primary vol shelf. Once it hits those levels I'll look to find indicators on where to buy in.
NYSE:PKX
hello friends anyone who does not like and who does not share the idea of its author is a way of telling him not to post any more ideas. this stock has generally been bearish since 2018 so for this week it will be recommended for sale
For trends I use moving averages with my personal setup (nothing special)
between the red line and the blue line is the dynamic support area (Red arrows)
I recommend must wait for the retracement to this zone for a better entry,
I do not use a mechanical system with Indicators and Oscillators, the methodology is discretionary
this gives me freedom to expose my...
Again, going with the theme of dollar rising and spx/commodities selling off one last time. Good company to keep an eye on at decade lows.. I am a buyer at the touch of the bottom trend-line.
