Short
EFX trade ideas
$EFX 3 year downtrend could be broken. Earnings were a beat but revenue was a slight disappointment, missing estimates. The stock has been stuck in a downtrend for 3 years but we think a break is coming, this is very much dependent on the sentiment within the market.
AVERAGE TARGET PRICE $122
AVERAGE RECOMMENDATION OVERWEIGHT
Company Description
Equifax, Inc. engages in the provision of information solutions and human resources business process outsourcing services. It operates through the following business segments: U.S. Information Solutions, International, Workforce Solutions, and Global Consumer Solutions. The U.S. Information Solutions segment includes consumer and commercial information services, mortgage loan origination information, financial marketing services, and identity management. The International segment offers information, technology, and services to support debt collections and recovery management in Europe and Latin America. The Workforce Solutions segment covers employment, income, and social security number verification services as well as complementary payroll-based transaction and employment tax management services.
Equifax bull run following double bottom? EFXLooks like confirmation is just about in for this double bottom pattern on Equifax stock (EFX).
There is also a gap down that needs filling on this chart.
Surge in EquifaxBased on the stronger upward trend in the lows since the breach, after the tip of the triangle is met, I believe the stock will surge to around 225.
I am supporting this analysis by the following:
-the stochastics just crossed
-MACD looks like it is going to cross soon
-There was already a slight dip in the RSI
This is my first chart so let me know where (if) I can improve!
EFX is looking strong...EFX is looking strong... I have my order in today to get on the trend train.
But be cautious, they have many issues to iron out.
Some deep pullbacks to be expected, and can be potential opportunities to add to positions.
Waiting for EFX to pick a directionEFX should breakout of this narrow sideways action for a nice trade either way.
Buy Equifax, target $140Basically what i said in the title. This is a blue chip for a great price. NOT TA, i dont do that.... Hold for a year at least or until target is reached.
2nd Time Doing Stock Chart EFXPossum thinks that $110 may be new support level, and it might remain between $110 and $115 for a while. Or it might stay between $100 and $110. Does not know but is guessing. 2nd time making a chart, do not take as advice.
Why do business with this company?A buddy of mine calls this a zero, but it doesn't need to be for this short to work quite well. Stop ~$115ish....
EFX- equifax dead cat bounce overEFX after multi day bounce off its news we had an exhaustiong gap today. watching for this stock to go red on the day and crack support on 60minute chart and will initiate short position for the next couple days. Ideally a green to red move today will trigger. I an not in yet! Need this to trigger.
