Trimble Inc. (NASDAQ: NASDAQ:TRMB ) has just released its fourth-quarter and full-year 2023 financial results, showcasing remarkable growth and strategic initiatives that position the company for continued success in 2024. With record annualized recurring revenue (ARR), impressive margins, and robust earnings, Trimble's ( NASDAQ:TRMB ) performance underscores its...
NASDAQ:TRMB Trimble Stock Breaks Bearish Trend, Initiates Bullish Reversal A bearish parallel trend is characterized by a consistent downward trajectory in a stock's price over time. Investors often regard this pattern as a sign of declining market sentiment, prompting caution and reevaluation of investment strategies. Trimble, a well-known player in the...
TRMB Is within some layered channels I think price will climb again just to double top and return to the lower channel Weekly chart
This is chart for TRMB on 3D chart A large channel has formed but a subtle sharper uptrend is also forming at the same time I think this sharper uptrend will become dominant and price will extend above This price point also aligns with an earlier price pattern top (dotted line)
Given the latest jitter in the US market, increasing risk of recession and slow down of the economy can global software, hardware, and services technology company like Trimble Inc go even deeper into a correction? Fundamental indicators: Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years but with a sign of a...
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MFI signaling a pullback. MA Line is about to breach the Bollinger Bands, signaling overbought, even though not above 70. Price Action confirms this as after the breakout run upwards, it should test the Ichimoku Cloud as a line of support. Will most likely consolidate/create pattern, signaling direction of next move.
TRMB was on our watch list form December. We were looking for the break of its upward channel formation. At last, it has broken down its Uptrend & Major EMA lines. It also has huge insider selling. We think it will continue downward from here. * Trade Criteria * Date First Found- February 21, 2018 Pattern/Why- Downward Momentum Play Entry Criteria- Break of...
TRMB is just breaking down through support from a beautiful upward channel formation. Money flow is very negative, and it has massive insider selling. We think it has very good downside potential. This would be a good stock short however, we would also consider $40 May-18 Puts. * Trade Criteria * Date First Found- December 13, 2017 Pattern/Why- Upward channel...