ExhaustedThe rise was to fast for my taste. We've reached a new high and may correct the rise to collect new breath for a further rise.Shortby motleifaulUpdated 330
PWRQuanta Services is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the utility, renewable energy, communications, pipeline and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. Continuation Buy/Long setupLongby techpers0
PWR Resting Before RisePWR is a strong stock. It has been consolidating in a rectangular formation in the last one month. It will test the all time high of 205, go below rectangle and then reach 220 by year end. Longby RS3175Updated 2
PWR following Mark Minarine's TemplatePWR also follows Mark Minarine's Template. Look at how it is climbing but there is some insider sell activity and cause a fall. Buy the dip :)by v3j3v220
$PWR Potential Bullish & Bearish CaseNYSE:PWR $PWR Analysis Breakdown: 11JAN2023 Relevant News : Quanta just scored a new contract for huge construction and optic fiber placement in Colorado. Financials : Looking at statement of Cash Flows we see Quanta is using reinvested operating income into company asset's last year to pay current debt and lower debt-equity ratio, still exited with 30+ million in cash flow change. With new contract and reinvested capital providing cushion for incoming recession/bear market, this will probably be the last bull rally for awhile (probably until June or July once Fed pivots hopefully start) until project in Colorado starts and they can start seeing positive amounts in accounts receivable. Daily Chart - Earlier this week $PWR fell below strong support 141.68 PL (price level), on 05JAN2023 $PWR bounces back from 134.41 PL establishing that PL as new support w/ good volume to confirm level. RSI shows momentum died 14DEC2022 where momentum bottomed out at -1.64 w/ MACD sell off dying out and buyers looking to enter market. 4hr Chart - confirms bounce from 134.41 PL , MACD shows steady buyer entry fighting off remaining sellers. 2hr Chart - RSI showing new bullish momentum verified by bullish cross and chart shows buyer/seller fighting started in 06JAN2023 now buyers are pushing forward. Summary and Consensus : If tomorrow (12JAN2023) $PWR can confirm a break past 141.68 PL & MACD buyers enter while RSI momentum makes a bullish cross with confirmation on 2hr/4hr chart then $PWR will enter 145 PL zone and hopefully create consolidation to verify new support. With a 1.13 beta rating on Darqube $PWR will flow it's own trend closely and accurately. Current Change = +0.65%by LeosForexFundUpdated 1
PWR1. Volume start to dried up 2. Tight price for few days 3. Wait for price and volume confirmationby syafiq19941
❇️Quanta Services|PWR|swing ↗️ TRADE THE TREND Hello everyone, 🙋🏾 Here again Romluck with a new trading idea, The trading ideas I find are after searching and investing time. Thanks for the like and comment. What Are the "Swings" in Swing Trading⁉️ Swing trading tries to identify entry and exit points into a stock based on its intra-week or intra-month oscillations, between cycles of optimism and pessimism. Quanta Services from the sector Industrials provides specialty contracting services worldwide. The Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power In this case: 📊 🔆The price does rise above the handle, triggering a possible buy near $132.68. 🔅One possible place to put a stop loss is below the handle, marked by the rectangle, near $125.25. 🔆Based on the entry and stop-loss, the estimated risk for the trade is $7.43 per share ($132.68 - $125.25). 🔅If looking for a potential reward that is at least twice the risk, any price above $147.33 ($132.68 + (2 * $7.43) will provide this. ⚠️__🚧___🚧___🚧__🚧___🚧__🚧_🚧__🚧__🚧__🚧__🚧_🚧__🚧__🚧_🚧__🚧_⚠️ There is no recommendation for buying or selling or any action in the stock, I am not an investment advisor and publish this article as a hobby only. Everyone has to perform risk management on their own or contact an investment advisor with a license, I don't have one. Investing in the stock market involves risking your money!⛔️ have fun Longby ROMLUCKUpdated 222
WATCH $PWRKIV toward bearish - Rising wedge formation - Price losing momentum - Price broke trend line Lets see. Let the set up come to us. “The secret of happiness is freedom, the secret of freedom is courage.” Shortby nexxtrade1
Quanta Services Inc – Reversal is Approaching for 35% Shorting OIf you like this idea, please don’t forget to Boost it. Fundamental Indicators: Sector – Industrials US Business Cycle Stage – late cycle, when this sector is neutral Revenue – consistent growth for the past 5 years, with 12% average annual rate Profits – slight drop in 2022 TTM compared to 2021 Net margin – quite low with 3% P/E – quite high with 45 ratio compared to S&P500 with 21 and Industrials sector with 21 Liabilities - debt ratio is at 0.61 which is within the norm, Net Debt/ EBITDA is 2.87 – no problems with debt Conclusion – consistently performing but a little overpriced hence likely to go into correction Technical Analysis (Elliott Waves): Main scenario of this idea suggests that we are still observing development of the global growth cycle which is currently at the stage of forming corrective wave 4 of higher degree fifth wave (see higher timeframe graph) From the point of 2020 correction which has been shaped as a Running Triangle this company has enjoyed explosive growth with nearly 500% in stock appreciation Looking at the lower timeframe it is clearly identifiable that following contracting triangle between April and July 2022 there is a choppy fifth wave which is likely to be an Ending Diagonal (see guidelines for Ending Diagonals below). Wave A of the fifth in this Ending Diagonal is completed and we can expect wave B and C to finalise it Once it reaches the peak of $148.84, we are likely to see a reversal with mid-term trend towards the level of circa $93 – which may present circa 35% shorting opportunity This is a higher timeframe to reflect the full history of Quanta Services Inc and to provide full wave count: This is the link to the guidelines for Ending Diagonals What do you think about Quanta Services Inc and its short term prospects? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves. And BOOST this idea if you like it. Thanks Shortby vitalalyt3
PWR - VCP coil setupSeries of volatility contractions. Looks constructive. The Dow Jones Heavy Construction industry just made a multi-year and multi-decade new high. Quanta Services is a leader in this industry. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie Longby pangx6232
$PWR with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PWR after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 71.43%. Longby EPSMomentum0
WATCH $PWRBEARISH Fundamental - Funds have been distributing - Negative P/FCF - Negative PEG - Overvalued TA - Momentum Theory divergence on the way up ( clear sign of pump dump ) BULLISH - Top industry - Leader in its group - Still within uptrend channel * will wait for more confluences before entry trigger ! Shortby nexxtrade0
$PWR ATH gotta buyI followed a whale trade of 554 NOV 160 calls, already up 30% but I think there's plenty more for PWR to run with no overhead supply at all time highs. Blue skies gotta buy The whale is in the trade as of today and I can see 150/160 PT especially by NOV with this relative strength and MACD She might need to take a breather but the recent volume upticks I will add on any pullback cheers Longby FriscoTrades0
13/4/2022 NYSE (PWR)Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price. Entry Price: $134.19 Target Price: $136.06 Stop Loss: $132.32Longby Airecap_HyperUpdated 0
11/4/2022 NYSE (PWR)Buy (Entry Price) within the buy zone area and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price. Entry Price: $134.27 / $132.98 Target Price: $136.25 / $135.30 Stop Loss: $130.68Longby Airecap_Hyper0
$PWR Potentially Setting up$PWR is one that hit my screens over the weekend. One I'm watchingLongby TaPlot2
BREAKOUT .. Infrastructure bill nears .. Quanta Services, Inc. engages in the provision of specialty contracting services, offering infrastructure solutions to the electric power, oil and gas, and communication industries. The firm operates through the Electric Power Infrastructure Services, and Underground Utility and Infrastructure Solutions segment. The Electric Power Infrastructure Services segment provides network solutions to customers in the electric power industry. The Underground Utility and Infrastructure Solutions segment offers comprehensive infrastructure solutions to customers involved in the development, transportation, distribution, storage and processing of natural gas, oil and other products. The company was founded by Kevin D. Miller, Steven P. Colmar, William G. Parkhouse and John R. Colson on August 19, 1997 and is headquartered in Houston, TX. Longby mcmarc20001
PWR longWe are in a bull run, the price is in a range. I set the SL just bellow the support, and the TP bellow the the top of the range.Longby peanutstick441
PWR to 76$S @ 94.10 Expect sellers on 94$+. Put alert. Sell at 94.10. Wait. :D (stop >96.30)Shortby ego1smo1
How To: Trade the Trend with Trailing Stop Losses.Quanta provides infrastructure solutions to the electric power, oil and gas, and communication industries and has been consistently making higher highs since its March lows last year as part of the Covid reset and has been trending beautifully with relatively little volatility. The whole idea of trend trading is to try and find a trending stock like this one and stay in the trend as long as possible until that dreaded bend in the end where a stock will often sell off. One of the ways to do this is with a trailing stop loss . A trailing stop is a great conditional order type as your stop loss will continue to move up and maintain a set distance from the stocks highs as the stock price moves up, but it will never move down if the price moves down. So while the stock is going up, you will stay in the trade, but if there is a significant dip it will automatically exit you out. A good set and forget type strategy that works well if you aren't actively monitoring the market and want to protect your profits. In this case Quanta is up 200% over the last 12 months, and up over 300% since the March lows. If you had wanted to keep it since the March lows you would have needed a stop loss of around 25%, but you can see that more recently now that some of the market uncertainty has reduced a 13% trail would keep you in the stock. It's good to see that the stock is also respecting its 20 day moving average and using it largely as support as it trends upwards and these are often an easy way to keep an eye on whether the stock keeps moving up or whether there might be a down turn ahead. Quanta has just had earnings and still looks pretty strong. Will be interesting to see how long it will run for. Worth a watch. A 25% stop loss would have kept you in the trade longer, but has much more downside before it would exit you out of the trade. Educationby zAngus8
BUY To QUANTA SERVICESHello traders, QUANTA SERVICES is at a very important moment in its history, we can witness a new historical high. It's in a bullish push with a hammer bull candle and high volume buy executed. In the TIMEFRAME M1 we can see the buyers' dash, which makes us say that we are staying in the underlying trend and it is bull. Great possibility of validating the trendrange then this breakout will take it to a new one. It will seek to make a higher historical and travillé a higher resistance with a symbolic price of 64.00. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd0