Well, my dowsing gave me this on Sunday and it's going, so may as well post the target I have, which is 173.67. I tried for precision for practice. But in this zone. It may have a good move down after hitting this area because there's some bearish energy including reaching "very long term resistance". That may be the better trade, ultimately.
I'll keep an eye on...
Owens Corning is in construction (shingles, stuff like that). Similar as above with good growing dividend and a correction that drove P/E multiple under earnings growth rate.
Fantastic Fundamentals
This is a Bullish indicator signaling OC's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 45 similar cases where OC's MACD histogram became positive, and 35 of them led to successful outcomes. Odds of Success: 78%. Current price $69.61 is above $67.33 the highest support line found by...
Hey traders, OWENS CORNING is in a fake bearish push with a large buying volume at the end of the session and a wick bear is formed. The TIMEFRAME 1Min shows a failed buyer's attempt, the stock collapses to reach the last low point. And turn around in its price increase, strong possibility of breaking out the consolidation zone. To go to the area after and join...
Entry level $63.50
Price target $75.00
Stop loss $60.00
Average analysts price target $63.62 Upgrades possible as price closes in on target
Average analysts recommendation Overweight
Short interest 6.2%
P/E ratio 13.3 Very well valued
Company profile
Owens Corning engages in the development, manufacture, and marketing of...
Trading Methodology:
1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend.
2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point.
3. A trend-based...
OC has an ascending channel and at this moment is presenting a Gravestone Doji in the upper trendline of an ascending channel in the resistance of 71. The general trend is bullish, so I will be very careful with this short.
KL: 70.30
SL: 71.80
TP1: 68.50
TP2: 67.00
