CHD trade ideas
CHD - Consumer Stocks Beatdown - Buying the DipCHD
Buyzone = 80 - 83
Cost Avg Down (CAD) = 75-78
1st Target = 236fib 85.59
2nd Target = 382fib 88.15
3rd target = .5fib 90.21
HODL Target = 92 - ATH
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Good luck, happy trading and stay chill,
2degreez
Weekly Hidden Bullish Divergence: Bullish Price Continuation.We have a huge amount of Weekly MACD Hidden Bullish Divergence and small amount of it on the RSI
There's also a small amount of Classic Bullish Divergence on the Daily as seen here:
I expect that we will eventually break the downward trending line and bust out to new highs; Possibly up to as high as $135
Church & Dwight swinging longHere is an easy ta for Church & Dwight long:
1. Strong 200 sma support
2. Bollinger Bands support, very close, so could break out
3. Hammer: Bullish signal 8.1.2021
4. Close to 50 sma, need to break through
5. Trendline support RSI, bullish signal
Swing trade:
Buy above SMA 50 at 86
Sell at first resistance at 95
Stop loss below 200 sma at 81
Good luck boys and girls!
CHD: 200 MOVING AVERAGE BOUNCE PLAY, GOOD RISK-REWARDCHD is offering a good Risk/Reward play.
Bounce off the 200MA and Bullish Engulfing Candle.
If we get a bullish push we can even reach the trend line and try to break out.
Possible entry here with a stop just under the 200MA.
Investopedia definition:<>
CHD - Bearish Move Looking To ContinueChurch & Dwight has been in a descending channel since early September immediately following a bearish divergence signal. The slow stochastic is showing that the stock may be getting ready to roll over again at the bearish resistance line of the channel.
The last time this stock began to pull back with the RSI & Stochastics at this level, the stock did not pull back enough to become oversold. It is possible the stock will not fall down to the support line so always be ready for a shallow move. The channel is the play until it no longer holds one way or the other.
CHD - Bearish Channel ContinuesChurch & Dwight's stock popped up today on my daily bearish scan but I have had it on a weekly bearish watchlist since mid-August when I noted the RSI bearish divergence. Since then, the price has remained within its descending channel. With this name showing up on my bearish daily scan it may be getting ready for another leg down. $63.10 is the area where the support line currently sits.
CHD - Bull Put SpreadPrice Action consolidating around 75.
Lower BB% and on 100MA
RSI <5 and Significant Volume.
Looking for Reversal to mean higher.
Taking 75 /70 Put Credit Spread.
Also picked up 75 Call for Directional Bias igher.
Oct Exp but aiming to Close in profit well before that...
Good Luck - Watch your $$$ RISK
CHD: Sort opportunityAn intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
