KEYS trade ideas
#Keysight - Before outbreak? #Keys #tradingview #breakoutKeysight Technologies said it expects fourth quarter non-GAAP earnings of $1.42 to $1.48 per share on revenue of $1.17 billion to $1.19 billion.
The current consensus earnings estimate is $1.26 per share on revenue of $1.14 billion for the quarter ending October 31, 2020.
Normaly the share price should make an outbreak with more than 10% gain
in the next weeks ahead.
$KEYS Keysight Technology Breakout Targets
Potential breakout on Fridays for KEYS after a earnings beat.
Previous ATH sits at $110 which is first major resistance.
Higher targets then sit at Fibonacci confluence @ $115 & $118 .
Messy but possible Inverse H&S formed.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
Revisal: I see a V bottom and an ABC Bullish Earnings 8-20 I Felt the need to update this. My fault. I did not look close enough and apologize
Possible B/O of ABC Pattern. Definite R at 110 and Keys did not break this last cycle. If I were to trade the ABC pattern I would make my targets 108 to 110ish
do recall an earnings miss in May because I owned this )o: Some sell before earnings and I did not. They do not miss often. I wasn't burned too bad and the stock recovered quickly.
The V bottom break out over 110 could be very rewarding, Healthy company with very little debt. Growth expected. I am watching this for now
Not a recommendation
Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific regions. Its Communications Solutions Group segment provides electronic design automation (EDA) software; and radio frequency and microwave test instruments; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions; and repair, calibration, and consulting services, as well as resells refurbished used Keysight equipment. The company's Electronic Industrial Solutions Group segment offers design tools; design verification solutions; digital multi-meters, function generators, frequency counters, data acquisition systems, audio analyzers, LCR meters, thermal imagers, precision source measure units, ultra-high precision device current analyzers, and test executive software platforms, as well as various power supplies comprising AC/DC modular supplies and electronically programmable loads. This segment also provides printed-circuit-board-assembly testers, integrated circuit parametric testers, and sub-nano-meter positioning sub-assemblies; test and measurement products and software; and repair, calibration, and consulting services, as well as resells refurbished used Keysight equipment. Its Ixia Solutions Group segment offers software applications and services, including warranty and maintenance offerings, and hardware platforms. The company sells its products through direct sales force, distributors, resellers, and manufacturer's representatives. It has partnership with Qualcomm Technologies, Inc. The company was incorporated in 2013 and is headquartered in Santa Rosa, California.
Slanted Head and Shoulders at Top of Channel Negative Daily MACDA slanted Inverse head and shoulders has had it's neckline tested as a resistance on the daily the Measure Move would put you at around $77.60 but there's a then zone of support blocking you just b4 that level and after you break that there will be nothing until around $70.95
I laid out three profit taking zones here.