BBTrader29

ITW Round Up

Panjang
NYSE:ITW   Illinois Tool Works Inc.
ITW is looking like a roundup pattern is forming back to it's prior resistance that it recently failed to break. If it can reach that resistance again, it will have formed a cup and handle pattern as well with momentum to breakout to $165 level where it will reached another set of resistance. Alot of buyers came back into the stock after it was sold off after earnings, showing strength. Looking for a 6-7% move from current levels.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.