Break below 24.43. Stop Signal 25.83. Target 1 23.07.Target 2 20.53.
Theory~ Dollar yen has ended 2018 with a Hail Marry to the down side, possibly signaling the momentum and direction for the 1st quarter of 2019. 1st play of the year, appears to be a deep pullback after hitting a major support and resistance zone. We could easily see price pullback and try to regain the 4000+ yardage lost in December, but with this pair...
Newell Brands, a high-profile consumer products brand owner, is up just above 786fibretracement on breakout volume. About: Newell Brands Inc. is a marketer of consumer and commercial products. The Company's segments include Writing, Home Solutions, Commercial Products, Baby & Parenting, Branded Consumables, Consumer Solutions, Outdoor Solutions and Process...
NWL seems forming a fallen angel formation with nice little rounding bottom. Moneyflow getting ready to cross the Zero line & it has some insider buying going on. We think it will continue from current label. * Trade Criteria * Date First Found- November 28, 2017 Pattern/Why- Fallen angel with Rounding bottom Entry Target Criteria- Break of $30.83 Exit...
NWL seems forming a Flag formation in hourly frame. If it act nicely it will hit around $48 which is long term down channel resistance line. Trade Criteria Entry Target Criteria- Break of $46.70 Exit Target Criteria- $47.89, $48 Stop Loss Criteria- $ You can check detailed analysis on NWL in the trading room/ Executive summary link here- www.screencast.com ....
NWL seems forming a sharp declining head & shoulder formation. It also seems breaking down from a double top formation. On the other side huge put volume also suggesting investors bearish approach to the company. We think it will be a interesting option play to the down side. We would consider $45 March puts, last traded for $2.60 You can check our detailed...
Taking a pre-earnings play on NWL at matching support on the Weekly, Daily, and Swing trading levels. The September 49 Calls are at average Implied Volatility so I'm taking singles. The top of the consolidation range and a break thereof will get the Calls ITM. Current Market Outlook I follow the theory of Sector rotation in terms of what the movement of money...