picture perfect H&S?Doesn't come any prettier than this... Look for a retest of the top trendline in the broadening wedge on a gap up in the next few days. Then short this puppy back to lows on a broader market selloff that's coming in the next wk.
A trade ideas
Calling a Top on Aligent$A is approaching ATH near $75. It's formed a nice Butterfly Pattern, but I think we'll see a pull back in the coming days. Look for the top to be formed this week, with a decline down to $70 area. Potential 7% swing.
$A Agilent Overbought at Resistance$A Agilent looking overbought approaching all-time high $75 resistance. RSI & MFI both entering overbought territory on 9th straight green day today . Playing for a near-term pull back setting up for a possible long term cup & handle breakout to new all-time highs if it's able to turn back up.
Note: Informational analysis, not investment advice.
Short A (monthly double top wait for breakdown to confirm)monthly breakdown in my indicator, retested and hold the breakdown trendline. Two short TP: 50, 40
$A Agilent Bullish Hammer$A Agilent holding trend line support nicely today with a bullish hammer candle forming on the daily chart. Expecting a near term bounce. Targeting a return to $75 by early November.
Note: Informational analysis, not investment advice.
Bullish DayMulti-time frame indicating bullish day made from successive, uninterrupted bullish marubozus.
$A symmetrical triangle setup$A channel suggests we're at the top and heading lower before earnings. symmetrical triangle break will tell us more.
A = Dividends Happen Today & Then What??Trading is as complicated as you want to do it. I prefer simple. When you look at A stock daily chart, what do you see? Yes, those rascally Wrabbits had a dividend day today (over a short, mid week holiday week). If you look at last three divdend days, the rest of this week and next week were bullish, or next at least 10 days.
How can you benefit from this in your face price action on daily chart. How about either doing a Option Call credit spread, weekly sell puts (because you then collect premium) and act like casino or bankers, whom win more then buyers. I believe that price action will fill in noted GAP on chart and hit $69 to $70 near the next noted earning report in August. You can win in trading with a solid foundation of wisdom and commonsense. Cut your loses quickly and let profits run. Will be looking at Call credit spreads and/or maybe selling weekly puts underneath current price action. Wish you well and stay safe. Be Happy.
A long with strong financialsNYSE:A has become one of the leaders amongst it's peer group, alongside NYSE:TMO . This company has a buy rating on thestreet.com www.thestreet.com . The price target of $82 is well within range. Wait for pullback to $53-57 then buy towards $72-82.
$A - Use $SNAP & $CTSH as a reference Expecting a 161% around $59.18. Some reason I had another chart laid out that had $58.86 as price target but, either or is accurate to say the least. If the daily chart doesn't do a short position justice - the weekly should. Best comparison of after-earnings-upsets are $SNAP & $CTSH, easily. Especially after 20EMA bounces below 180WMA. But GL to anyone who's long. Meow
A - Is Agilent Topping Out or It's Just Me?There was a predominant uptrend at least throughout 2017 (it made about 45% after first breaking out in Jan '17).
However, with the increased volatility in the general market and in this stock's price action specifically, the wedge pattern forming can be expected to progress for at least quick bearish pullback.
That is where I'm placing my bets. At least if the uptrend is to continue, I am bearish for now as the stock takes a breather after the 2017 run up.
Stop @ 70.56
Target @ 65.31
NYSE:A (Agilent) is about to take off to the next boxNYSE:A (Agilent) is about to take off to the next box
A stock new uptrend?Will prefer to wait and see if price comes back down to test new support for additional confirmation before entering.Nice earnings but looks quite expensive with it near the 52 week high. Decreasing volumes too.
A - Earnings option play, $57.50/$60 August Puts @ $0.55/$1.62A reporting after market today, and it seems very interesting as a option play. It is breaking down from an upward channel & long term support. It also has insider selling, and strong moneyflow divergence. We think it has very good chance to decline with the earnings. We would Look at $57.5 and $60 August Puts, currently $0.55/$1.62
* Trade Criteria *
Date First Found- August 15, 2017
Pattern/Why- Earnings Play; support breakdown from upward channel
Entry Target Criteria- Looking at $60 August Puts, currently $1.62 or $57.50 Puts, currently $0.55
Exit Target Criteria- $57
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
A Has Entered Into A Consolidation This consolidation, if combined with large volume, could be an excellent buy. However, at the point it could still go either way. Happy Trading!
