This stock has been moving well in the past few days, with the general consensus being that Whirlpool will do well because people need to buy fridges and other appliances for all the new homes that are being built. This is a momentum play looking at contracts about 2 weeks into the future.
Of course, I am not a financial advisor. Play at your own risk.
Technically, the chart shows potential for a $300 price target. Fundamentally, low interest rates and the hit housing market is keeping the customers lined up for new appliances. Downside for the stock, copper and steel prices must be eating into this companies bottom line and rising interest rates could hurt the stock as well.
Whirlpool Q1 March 2021 earnings 4/21 at 4:05pm. Whirlpool (WHR) reported 4th Quarter December 2020 earnings of $6.64 per share on revenue of $5.8 B. Revenue grew 7.7% on a year-over-year basis. The company said it expects 2021 earnings of $19.00 to $20.00 per share on revenue of approximately $20.62 B. The current consensus earnings estimate is $19.29 per share...
Whirlpool showing extreme bearish divergence in multiple mid-term timeframes on multiple indicators. Semiconductors used in Microwaves and Appliances are infamously unavailable, and this is sure to affect whirlpool's outlooks despite favorable macroeconomic conditions and stock rotation. The entire sector related to homebuilders is due for a drawback, and despite...
WHR looks a little extended, but it might have more to go. I'm hoping next week it targets 200-205.
I bought a next week 200/205 vertical call spread. Financed with a 2-weeks out 190/185 put spread. Paid -.67 for the trade. (credit)
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Hey traders, WHIRLPOOL CORP is in a descent rejected by buyers on a high volume of sales, it must fall further to work its price downward, seek its last lower precedent and start rising. It is plausible that we will breakout the consolidation zone or even go tried on the next, if buyers push their prices to new records.
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