Short
EFXD trade ideas
$EFX 3 year downtrend could be broken. Earnings were a beat but revenue was a slight disappointment, missing estimates. The stock has been stuck in a downtrend for 3 years but we think a break is coming, this is very much dependent on the sentiment within the market.
AVERAGE TARGET PRICE $122
AVERAGE RECOMMENDATION OVERWEIGHT
Company Description
Equifax, Inc. engages in the provision of information solutions and human resources business process outsourcing services. It operates through the following business segments: U.S. Information Solutions, International, Workforce Solutions, and Global Consumer Solutions. The U.S. Information Solutions segment includes consumer and commercial information services, mortgage loan origination information, financial marketing services, and identity management. The International segment offers information, technology, and services to support debt collections and recovery management in Europe and Latin America. The Workforce Solutions segment covers employment, income, and social security number verification services as well as complementary payroll-based transaction and employment tax management services.
Equifax (EFX) continue short? or will it find supportI'll be watching this area to see if it offers some support to be able to get long....or if it will continue to tumble downward......I was able to capitalize on a short this morning at the open....I'll wait to see what happens in this area to see what opportunity presents itself next...
good luck and good trading
any comments, suggestions, likes, shares are all welcomed
Surge in EquifaxBased on the stronger upward trend in the lows since the breach, after the tip of the triangle is met, I believe the stock will surge to around 225.
I am supporting this analysis by the following:
-the stochastics just crossed
-MACD looks like it is going to cross soon
-There was already a slight dip in the RSI
This is my first chart so let me know where (if) I can improve!
EFX- equifax dead cat bounce overEFX after multi day bounce off its news we had an exhaustiong gap today. watching for this stock to go red on the day and crack support on 60minute chart and will initiate short position for the next couple days. Ideally a green to red move today will trigger. I an not in yet! Need this to trigger.
