Griffon Corp. is a diversified management and holding company, which conducts business through its subsidiaries. It provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities. It operates through the Consumer and Professional Products and Home and Building Products segments. The Consumer and Professional Products...
The upper purple trend line has been resistance for a few years. It closed on Friday at the upper trend line. This stock would be one to watch to see if it actually can break thru this time. I would wait for 2 days for confirmation as in the past there have been 1 day pops above. This one has a float 46M shares and 2.89% short This company makes home and building...
I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 70%
TARGET (EXIT) PRICE = 18.20 USD
BREAKOUT (ENTRY) PRICE = 19.01 USD
DISTANCE TO TARGET PRICE = 1.02%
EMERGED ON = Sep 18, 08:00 AM (EDT)
CONFIRMED ON = Sep 21, 09:36 AM (EDT)
WITH CONFIDENCE LEVEL = 75%
The Triple Tops pattern appears when there are three...
GFF is in the weak Realestate sector, which is rolling over. It seems running within a channel or a descending triangle, and seems heading down. Overall it looks a decent short technically.
* Trade Criteria *
Date first found- March 9, 2017
Pattern/Why- Descending triangle breakdown
Entry Target Criteria- Break of $24
Exit Target Criteria- $21.20
Stop Loss...
