VVV to $43Price at bottom channel
Stochastic Momentum Index (SMI) at oversold level
TTM Squeeze momentum is down
VVV trade ideas
VVVVVV
Valvoline Inc. provides automotive services through retail stores in the United States and Canada.
Current price: 39.45
Entry: 40.02 (buy stop)
Profit level: 46.61
S/L: 37.64
Bullish Signal
Price > EMA 20 50 100 200
Buyable gap up
Relatively low ATR
MACD just crossed up
VVV | ForecastBias: Positive.
Sentiment: Optimistic.
Emoji (emotion): Confident 🏌️♂️ .
Null Hypothesis: Buy.
Alternative Hypothesis: Sell.
Signals: ..
Position: A short term swing trade.
Notes: I'm anticipating an earnings surprise.
Other: ..
Disclaimer: My journal entry is not a complete prospectus, please consider it accordingly.
About the Author:
I strive to become one of Tradingview's pinescript Wizards and Top Authors, as well as build a reputable reputation & following. "Please remember to comment, like, share, and follow me!"
About the Security: "Valvoline, Inc. engages in producing, marketing and supplying of engine & automotive maintenance products and services. The firm operates through the following segments: Quick Lubes, Core North America and International. The Quick Lubes segment provides services to passenger car and light truck quick lube market through company-owned and independent franchised retail quick lube service center stores and independent express care stores that service vehicles with valvoline products. The Core North America segment sells engine and automotive maintenance products in the United States and Canada to retailers, installers and heavy-duty customers to service vehicles and equipment. The International segment sells engine and automotive products in more than 140 countries outside of the United States and Canada for the maintenance of consumer and commercial vehicles and equipment. Its products include motor oil, gear oil, pro-v racing and antifreeze and radiator. The company was founded in 1866 and is headquartered in Lexington, KY."
Valvoline realigns its business segments, announces a $300 milliVVV: Valvoline Inc.
2021-05-18 16:00:00
Valvoline realigns its business segments, announces a $300 million share repurchase authorization and hosts an investor call on May 19
Long | VVVNYSE:VVV
Possible Scenario: LONG
Evidence: Price Action
TP1~ 28.5
TP2~ 30
Call options, Strike 30$, 07/16/21
This is my idea and could be wrong 100%,
Long | VVVNYSE:VVV
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%
Valvoline Increases Quarterly Dividend and Announces $100 MillioVVV: Valvoline Inc.
2020-11-12 19:30:00
Valvoline Increases Quarterly Dividend and Announces $100 Million Share Repurchase Authorization
Valvoline trade setup
Possible entry level $21.14
Target price to Fibonacci golden pocket $22.67
Stop loss below support $20.47
Indicators are in reversal
Company profile
Valvoline, Inc. is engaged in producing, marketing and supplying of engine & automotive maintenance products and services. The company operates through three segments: Engine and Automotive Maintenance Products, Company-Owned Quick-lube Operations, and Franchised Quick-Lube Operations. The Engine and Automotive Maintenance Products segment include lubricants, antifreeze, chemicals, filters, and other complementary products for use across a wide array of vehicles and engines. The Company-Owned Quick-lube Operations segment includes the sale of engine and automotive maintenance products and related services. The Franchised Quick-Lube Operations segment include product sales and the license of intellectual property, which provides access to the Valvoline brand and proprietary information to operate service center stores over the term of a franchise agreement. Its products include motor oil, gear oil, pro-v racing and antifreeze and radiator. Valvoline was founded in 1866 and is headquartered in Lexington, KY.
VVV heading towards resistance levels $22.55 levels (5% Target)12/19
VVV heading towards resistance levels $22.55 levels (5% Target)
Support levels : $21.50
Target 1 : $22.55
Target 2 : $23.60
Stop Loss : $21.20
History: StocksOnMove
airtable.com
VVV out at stop lossWrite sometning about your psyhology thinking before trade? Market is on important technical level. i am little tired mybe ill.
Describe the trade. What you see? There is a resistance and this time will price also bounce from resistance and go down to the 18.20 level
What have I done well for this trade? Enter point was according to my rule at the resistance level
What can I take away to help with later trades? I the first cancel is very logn you could go out at the end of the first candel going into wrong direcction
Tracking $VVV After Breaking HighBroke the 24.98 high on daily close. Watching for confirmation to see if that holds for long position. If break shorter trendline, the longer trendline comes in at 23.
