One of the big players in industrials sector. Uptrend since march 2020 still in play, slowly and steady. Price is near 52W high and could break ascending wedge
ETN may show resilience and relative strength over the course of 2021. Check the relative strength on a distribution day, ADX/DMI and Choppiness looking to show "Trendiness". As long as the price stays above the Ichimoku Cloud This could be a nice time to play ETN to the Long side.
I am a casual trader while managing own online business.
I earn the side-income from options to pay bills, put food on table and even funding my annual travel =D
If you’re wish to do the same, consider to follow me here as I give detailed analysis on TradingView.
All my ideas are for my own opinion. There is a high-degree of risks involving leverage trading....
The time frame is the daily time frame for this trade.
If the stock closes at the contested zone on the higher side, initiate the trade and close the trade at the stop if the daily price closes above $110. Sale zones are highlighted in yellow to close the trade going into resistance at key price levels.
Can leave trailers on if the stock blows past the...
Hey guys, EATON CORPORATION PLC is trending downwards with a large sales volume, it may be that it returns after doing a pull back to go up! We can breakout the consolidation zone.
Please LIKE & FOLLOW, thank you!
Entry level $93.42 = Target price $101.28 = Stop loss $91.37
Indicators all in bullish trajectory, while volume is very impressive.
P/e ratio of 16 is below average, some value remains.
Company profile
Eaton Corp. Plc is a diversified power management company, which provides energy-efficient solutions for electrical, hydraulic and mechanical power. It operates...
1) buy first part of position by <68$ - about 40% of plan
2) additional buy by <64.5$ - about 40% of plan
3) additional buy by <60.5$ - 10% of plan
3) the rest part can be bought by <54.5$ - 10% of plan
I'm confident about the first two aims of price since it is the required Fib correction levels of all growth starting with 46.5$. The target aim for new...
ETN is a strong stock judging by it's excellent income statement and balance sheet. Improvements YoY stay in line with the Warren Buffett criteria for buying a company. This company handles improving energy usage, and let's face it, that's super important. This could be a stock that sees a huge upside, for now the target is around $85. I would assume that it...
Always the same principle Resistance breakout, price pullback and swing low.
The other key is the relevance of the resistance line based on the time that take the price to broke it
From July 2014 to January 2018 (3 Years 5 Months)
