Box setup for a breakout into all time highs.
Bruker Corp (BRKR)- DEVELOPS LIFE SCIENCE/MATERIALS RESEARCH SYSTEMS BASED ON X-RAY, MASS SPECTROMETRY/SPECTROSCOPY TECHNOLOGIES.
When markets get volatile we expect stocks to follow, but this one has been in a tight pattern showing that the big funds arent selling.
last week we bounced of the 50DMA, and are now above the 21DMA...
Fundamentals are very pretty with an overall Composite rating of 93 ( per marketsmith)
Looking to get long around 71.30, with stoploss of 8%
Again just another trade idea where for the fun of it I used the TradingView Stock Screener to look for stocks showing bullish signals from a wide variety of indicators. Might be a little extended so could pull back, but looks strong across most of the more popular indicators I have added.
From their website: Bruker is enabling scientists to make breakthrough...
Large effective volume yesterday and a pocket pivot in the last 5 days plus a PP yesterday
Price forms a pocket pivot , when:
The price goes up compared to yesterdays close.
The volume today is higher than the maximum down volume of the past 10 days..
Effective Volume analyses the intraday volume on the minute level to determine what small and large players...
$BRKR posted a positive earning with the PEAD projecting a neutral outlook for the stock as it is currently trading between the median line and the upper boundary of the PEAD cone.
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Using our Elliott Wave Indicator Suite we have identified a longer term 5th wave long using the weekly time frame for the BRKR Stock. The Wave 4 Pull back has found great support in our Amber Pullback zones, giving an 80% probability that price will hit our automated 5th Wave target zone (highlighted in blue on the chart). Entry Stop Loss and Target Prices easy...
We are already long on BRKR on the weekly timeframe for a longer term investment using our Elliott Wave Indicator suite for TradingView. You can view that original Trade Idea >>>HERE<<<
The momentum has built with this trade and we are looking to add or indeed, for those not in BRKR yet, a trading opportunity using our B.I.T.S (Breakout Intelligent Breakout...
4 hour Heiken Ashi chart. Long symmetrical triangle since December broke upwards on Monday 3/16, but watching for a downward break back through the triangle.
