ADI trade ideas
$ADI with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for $ADI after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 22.22%.
Analog Device, ADIAnalog Device, ADI on daily timeframe. Being contrarian, I did short this on breakout. Small position but looking for move back to $180 or below.
Cup and HandleLooks like a cup is forming but price is struggling at resistance of the cup.
Handle low is 159.58.
Targets calculated using the depth of the cup and fib levels.
Depth is 46.53.
No recommendation/Earnings next week.
Also an Inverse H&S at the bottom.
Shakeout?On Friday we saw a large decline after the short lived break of the MA barrier. This was in line with a decreasing momentum. Today we could not manage to regain the lost ground and failed to reach the MA again.
With a further decline of the momentum I suppose that the stock has given up to change the downward trend and surrendered to the bears.
$ADI with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ADI after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 60%.
$ADI with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ADI after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 25%.
ADI - Trend reversal in play. I posted this chart on March 29. This scenario is playing out almost to the day (May 2). It is now on my short list for an entry.
ADI potential long setup in the works. Seasonal ramp up starts around May 18. Semis are showing some signs of life, and now is the time to start preparing. A positive reversal off the D coordinate around 154 on or around early May would be an ideal entry. Long.
$ADI with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ADI after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
$ADI - very close to breaking out hereADI very close to breaking out here. On my firms 2022 top picks list. Very nice.
ADI | SHORTNASDAQ:ADI
Possible Scenario: SHORT
Evidence: Price action, Head and shoulder pattern, Bearish Money-Flow
PUT options 01/21/2022, strike 162.5$
$This is my idea and could be wrong 100%
ADI Dumper soon - Target $154Ok, this is gonna sound weird to anyone who hasn't followed me, but when I intuitively asked how to make a chunk of money towards my $ goal this morning, I literally got "Listen devices". I'm like, Huh? Answer: "Analog". Me remembers a stock Analog Devices, so let's check her out...
It's in the semis space, which I've had many warnings about for a long time now. Obviously, it's down trending...
The gist (based on my dowsing info) is she's gonna have a real bad next couple days. I'm looking for the low, or the hard break and target reached on Monday. When/if it gets around 154 you take your money as these areas are often reversals.
This afternoon I'm expecting a short squeeze, which is perfect to short into. Hope I'm right! LOL
Oh, and don't forget how this could impact the NDX if it plays out. Be careful.
ADI: BIAS UPRetracement in an ascending channel, overall still in uptrend. Theres possibility the channel might break so SL has to be used.
ADI: Breakout of the range.The range resistance level could be broken upwards with the minimum target level around 185.
ADI at top of channelLooking to play puts at the $175 strike expiring 10/29. ADI has been rejected by the top trendline of the channel 5 times previously. If ADI breaks above the trendline on increased volume will look to close position and enter calls. I think this gets rejected again though and heads to $173-174 before bouncing.
Short ADI on an upwards wedgePuts on ADI
~SL above ATH (180.77)
~PT1 172.50 (could see strong support here)
~PT2 170
~PT3 168
RSI divergence on last 2 ATH, a rejection at the resistance line in an uptrend, gap to fill on down 168-170
We saw a double bottom from this last impulsive move. a pullback to the neckline at PT1 very likely.
LONG Opportunity on ADINASDAQ:ADI is a company with a pretty strong fundamentals and the technical analysis also shows us a good entry right now.
Good luck,
Your Ganbu
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ADI: Possible retracementA call was given on 26th July, bought at 163.01. Suggest to close the trade at 170 to secure profit. Profit should be around 1:1 of risk.
ADI - 6.57% Potential Profit - Swing Trade SetupNot the best risk / reward ratio on this trade, however, momentum is on our side.
Breakout past a 5-month correction.
- Target Entry: $164.70
- Target Stop Loss: $161.58
- Target Exit: $175.00
- Risk / Reward Ratio: 3.30
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
- When I see that the market is opening too high/low, I wait for 30 min from the opening bell before placing my order. This is to avoid that initial spikes / drops get me into a position and get me out right after.
ADI at resistance on weeklyADI might break out of the resistance, not sure if it will go down before it though.
Not sure how far it will go, my first target is around $200. Input will be appreciated. Next, long term target is around $270.
