My largest swing following the whale buyer of 23,400 JUN 17 $80 calls on 11/18.
Love this set up.
Fundamentally - great ER beat and raise in guidance, with various BUY analyst ratings and PT $75-80. I'm bullish agriculture and fertilizer market goes hand in hand.
Technically - Moving through the upward channel, post ER algo push down, accumulation with great buy volume (usually an indication a future move to the upside will occur) on the 50EMA. MACD cross, bullish divergence on RSI and QQE momo turning to buy.
Wouldn't be surprised one more shakeout / break lower (I will add to the position) before she rips.
Noting nothing is ever certain in trading but this is a juicy swing set up with good bullish confluence I like the R/R a lot here.
Love this set up.
Fundamentally - great ER beat and raise in guidance, with various BUY analyst ratings and PT $75-80. I'm bullish agriculture and fertilizer market goes hand in hand.
Technically - Moving through the upward channel, post ER algo push down, accumulation with great buy volume (usually an indication a future move to the upside will occur) on the 50EMA. MACD cross, bullish divergence on RSI and QQE momo turning to buy.
Wouldn't be surprised one more shakeout / break lower (I will add to the position) before she rips.
Noting nothing is ever certain in trading but this is a juicy swing set up with good bullish confluence I like the R/R a lot here.
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.
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.