You better not be afraid of heights, since Intuit is dropping rapidly and we're expecting the course to sink all the way below the $339.36-mark to finish the green wave ideally around the $303.29-mark, before turning the trend back up. In case the stock refuses to sink into a correction and crosses the resistance line at $441.98, our alternative scenario will...
The PEAD projected a Bullish outlook for $INTU after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 85.71%.
Price has recovered from a break of the support line of the large triangle.
It appears to be hanging on to the support line.
Target 1 has been met. Sometimes that is all we can shoot for in the near term.
Alternative Bat/an M pattern noted.
Earnings 11-29 AMC. Projected numbers that are a bit higher than last quarter.
So far analysts have not given INTU an...
Neutral pattern until broken with a confirmed trend in that direction.
Prior Ugly Top and price is well below the neckline.
INTU has been below the support line of this triangle and popped back inside.
Struggling today and the daily candle turned from red to green while I was typing this.
Recent Pocket Pivots noted when price gets close or falls below the...
The PEAD projected a Bullish outlook for $INTU after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
INTU beat earnings as was expected.
Possible issues at the .886 of the W pattern.
This pattern can also go to the 1.113 on occasion.
Both the .886 and the 1.113 are marked.
Possible Bearish Bat/The Alternate Bat can hit the 1.113. but usually has a smaller retracement of the 2nd leg than this one did.
NO recommendation.
Candle right now is a Doji, a candle of...
Intuit
Short Term - We look to Sell at 478.00 (stop at 501.49)
This stock reported earning in line with expectations and reported a share buyback which led to a jump in shares premarket. We look to fade this brief rally.480.00 continues to hold back the bulls. Early optimism is likely to lead to gains although extended attempts higher are expected to fail....
After falling about 52% from it's peak of 714 to a low of 339 on 12 May, INTU began to move sideways for the next 2.5 months, cumulating into a Symmetrical Triangle.
It began to break above this triangle yesterday and today continued on the upward trajectory. The trend is clearly reversing to the upside now and any near term pullback should ideally not fall back...
Hello. On this chart, the support line is more important than the resistance line. We have a high probability of a downtrend if and only if the vwap indicator and the support line are forcefully broken by a large red candle and followed by a large red volume, therefore we can enter a sell position at the next red candle for caution. On the other hand, we must put...
INTU hit the low on 13 May and has not gone any lower since. It has been chopping sideways for almost 2 months and appears to be forming an ascending triangle (odds of breaking up is greater).
On the monthly chart, we are seeing a possible 3rd inside bar this month and also a bullish divergence with the RSI.
A breakup of the ascending triangle at 425 could be...
A zigzag is in formation that is about o enter C Wave - an impulse down most likely.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is...
The PEAD projected a Bullish outlook for $INTU after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
