NYSE:EW EDWARDS LIFESCIENCES CORP forming a double bottom pattern and reached buy point levels. Per Stock Conquer putting in a 5% stop . All indicators recently made a move from oversold levels with the MACD recently confirming off of oversold levels where the signal line has crossed. EW price consensus across analysist puts this stock at $91.50 to $105. We will...
NYSE:PLAN PLAN formed a cup with handle pattern and has broken out. Anaplan was recently recognized as of North Americas fastest growing companies on Deloitte's 2020 Technology Fast 500 list. Aiming for a 5% stop and upside between 11-15%.
NYSE:VICI I believe in taking my money off the table when I am not comfortable or the gut just says too. VICI was a small swing trade. Up 7% but we will take our money when we see the possibility of price action faltering to the downside or lackluster for the time being. This stock had formed a loose cup with handle where green dot was the price when introduced.
NASDAQ:SPSC Having watched SPSC and putting it in the StockConquer. We view this as a hold aiming for a price target. Analyst consensus points at a price target at $98.33. Viewing this as a hold and would consider adding on at $94.27.
NYSE:SNE Sony is consolidating after a run up. The ultimate oscillator, MACD, and williams %R all point towards heading into oversold areas, but may take some time to form a new base. Last earnings was a surprise for the company of 212%. This looks like its forming a flag pattern but we will see what kind of price action the rest of this week into later this week yields.
NYSE:TMO Thermo FIsher has had a good run. Recent days have seen it drop hard and fast. Technically speaking this has formed a tight double bottom pattern. Or one could argue a head and shoulders pattern with a small left shoulder. Either way tomorrow's price action should dictate if its removed from the the StockConquer list. Indicators point to oversold areas...
NYSE:DLB At StockConquer.com we try to keep up and list trading ideas on our website. We leverage TradingView because it hands down has one of the best charting platforms for technical analysis. DLB formed a wide cup and handle pattern that broke out. What looks now to be a head a shoulders pattern. The suggestion here would be to take profits off the table...
NYSE:JKS JKS is forming second leg of double bottom pattern. This could play out in the coming weeks. Analysts expect price to come down to between 41 and 55. While this may be overexaggerated. Agree with estimates JKS needs some room to consolidate but still could turn out to be lucrative with the new administration that could bolster the alternative energies space.
NASDAQ:TBK TBK made new highs off of a cup with handle formation. Triumph Bancorp had a 13% improvement in earnings forecast for 2021.Per share earnings are expected to increase 8.9%. Consensus price targets have this as a hold at $50.
NYSE:BKE BKE cleared resistance and heading towards next level representing roughly a 15-19% gain. Strong momentum at the moment considering they have had 5th straight month of sales increase. Interesting given COVID 13 week fiscal quarter sales ending Oct 31 2020 jumped 12%to 251M from 224.1M. Sales in certain units were hit due to COVID but has successfully...
NASDAQ:REGI REGI formed a nice double bottom pattern with buy point at 64.04. With green energy in focus due to the election and a a democratic administration excitement was about in stocks like REGI, PLUG and BE. However, investors and smart money know that these companies have not yet gone mainstream.
AMD FAILED TO MAKE BUY POINT AT 88.72. LOOKING FOR FURTHER SETUP TO MATERALIZE. Price action seems to indicate AMD has further room to compress in price. Ultimate oscillator and %R rushing towards oversold levels.
NYSE:ACM ACM has formed a shallow cup with handle formation and would be a buy at 47.34. Profit targets between 56 and 58. Stop loss set at 7% below current price.
NASDAQ:ODFL ODFL has seen increased sponsorship and built a setup that was set until today's price action across the market struck. Current buy is at 205.11. Consider selling if dropping further to $195
NASDAQ:AMD AMD is forming a double bottom patter and had been approaching the buy point around 88.72. AMDs recent quarter saw 128% growth in earnings and 56% respectively vs. same time last year.