BERY started off the year well, but took a very bad hit following missed revenues and continued US-China trade war actions. BERY operates in the materials sectors, in particular, plastics, and the sector has been very vulnerable to the trade war. After the recent gap-down, BERY is now finding support at its 61.8% Fibonacci retracement level. I would continue to...
Trend and Momentum indicators support a higher move and continued momentum from the recent breakout
Via OptionsHawk.com "speculative action buying 3,500 March $55 calls today $0.27 to $0.30, name working out of a large basing pattern targeting a move to $57-$60. BERY already has sizable open interest in March $47.5, $50, and $52.5 calls as well. BERY was reportedly considering a rival bid for RPC Group (RPM) over Apollo Global" tradingview.go2cloud.org
BERY breakout from ascending triangle. ~price action open and closed above resistance. -20 EMA in close support of price -20 EMA is above the 40 EMA which is above the 200 EMA. Bullish signal -Parabolic SAR is bullish -MACD just crossed-over into a bullish signal -Force Indicator is bullish -RSI is not overbought
BERY Setting up nicely, neckline break with volume confirmation would give a clear buy signal with intermediate trend reversal.
This looks like a strong stock and i think it has potential on the markets next leg up. I think we have a nice consolidation pattern that BERY can move up from Timing = 0 ( The market could have made its deepest low ( 24 december ) and now be on the way up for awhile) Volume = -1 ( The volume is weak on this recent counterbounce ) Group strength = -1 (consumer...
Overvalued, RSI through the roof. Boillinger band broken as well.. Seems like its about to go down. What you guys think? Not a financial advisor. I do have a crystall ball tho.. :)
Hi people, Here is where I would get long on BERY. This trend line has not been broken in several months, I am expecting a bounce of this line again. If you want to hold this longer term that would also be acceptable. You could take an entry with a smaller position size, and then if it does indeed bounce of line, add to the position as it goes in the money. If we...
I am a contractor and we do emergency repair work occasionally at Berry Global. I figured it was a good idea to do some TA on their stock! This long term trend line has not been broken since it was formed. People are willing to buy this up and add to positions on this trend line. I believe we will see some nice, steady growth as long as this trend holds. Pay...
I originally entered Berry back on 03/08/17, however, I set it as a private chart by accident so unable to change it now. From a technical standpoint price is clearly at resistance which has held strong since May this year. We need a break of this level to see a move towards $60 then a longer term target of $64-65. In the short term if price fails to break this...
BERY seems forming a head & shoulder formation. A break of $48 will be the breakout confirmation. We think it can decline down to $43 area. * Trade Criteria * Date first found- March 21, 2017 Pattern/Why- Possible head & shoulder formation Entry Target Criteria- $48 Exit Target Criteria- Target 1 45.13 Target 2 42.88 Stop Loss Criteria- $51.03 Please...
We liked this one before. Volume looks nice and wave rotation on daily and weekly. Simply looking for a pull back for trend to maybe continue.