Get started

Stocktrading

WALMART: Correction to the 1D MA100. Strong buy after.Walmart is pulling back aggressively on what is a technical correction following deeply overbought RSI levels on the 1W timeframe. The 1D technical outlook has already turned bearish (RSI = 41.808, MACD = 0.470, ADX = 29.295) and is expected to extend towards at least the 1D MA100, as per all prior systemic pullbacks inside a logarithmic Channel Up pattern that started in November 2015. We estimate a low risk buy entry level at 57.00, with the ideal extension being on the 1W MA50. Our end of year target is a little under a +96.90% rise (TP = 73.00). The stock has completed this kind of rise on both prior Bullish Waves of the Channel Up before deep corrections near its bottom. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NYSE:WMT
by InvestingScope
🏢 Bullish Outlook on Carrier Global Corporation (CARR) 📈🔍 Analysis: Strategic Focus: Carrier Global Corporation (CARR) is concentrating on its core operations by divesting its Commercial Refrigeration and Fire & Security businesses after acquiring Viessmann. This move aims to expand its presence in food retail refrigeration. Asset Optimization: Carrier sold its Industrial Fire division to Sentinel Capital Partners for $1.43 billion, enabling it to focus on its core heating and cooling equipment businesses and strengthen its balance sheet capacity. Funding for Growth: Recent private offerings of USD and euro-denominated notes, totaling $3 billion and €2.35 billion respectively, provide funding for future growth initiatives, enhancing CARR's financial flexibility. 💼 Trade Plan: Entry: Consider entry above the $50.00-$51.00 range, signaling bullish sentiment and potential for growth driven by strategic optimization. Upside Target: Aim for profits in the range of $74.00-$76.00, reflecting confidence in Carrier's strategic moves and growth potential. Risk Management: Implement stop-loss measures to manage downside risk and protect profits in case of adverse market movements. 📊 Note: Stay updated on Carrier's divestiture and acquisition activities, as well as industry trends impacting its core operations, for informed trading decisions. #CARR #Bullish 📈🏢
NYSE:CARRLong
by Richtv_official