FMC CorporationThe reason I chose this ticker is due to the fact that XLB (basic materials sector) has fell under 50% stochastic currently sitting at 36%. Since Dec of '20, price has reached near the high of $120 about 4 times. It seems like price is currently testing support and is near a strong support. My daily, 4 hour, and 1 hour time frame matches with the RSI being oversold and the mac on the green side. I used a Fibonacci tool to track a retracement percentage up to 61.60% of the previous high. It looks like price could be ready soon for some type of retracement.
What do you think?
FTI trade ideas
FMC Updatetckr FMC : First target reached (close Gap) and second in sight. Ready to cash in? The next target is the top of C of the ABCD pattern. May move further, may not. Momentum suggests trend maintenance with no burst to the upside. I will be cashing in and moving on. For more on momentum, please read my previous FMC update from last week.
FMC UpdateFMC still moving higher towards its first objective to close the gap in the 115 region. I have included a new target high of 123 (ish) by "assuming" the previous correction limit was 0.618 of the developing leg. This is a technique I have been using for a while and has proved successful more often than not. On the 4 hour chart a double gap up is visible, which bears are struggling to close. A move above fridays highs would confirm the momentum developing on MAROC, which currently at a level of 0.34 suggests the uptrend is sustainable. A cross above its first and second derivative would suggest stronger momentum in price action. Until that happens prices should continue to chop higher.
*** MAROC is not a buy/sell indicator. It suggests sustainability of a trend.
FMC AB=CD pattern. Min Target @ C point.FMC is an agro-chemical company with reasonable fundamentals and which plays well into the developing inflation narrative. I personally don't subscribe to it, but that's another story. The pattern is that of an AB=CD which sets a minimum target at the C retracement. However, momentum held strong during the brief correction (indicated with a tick) suggesting much higher levels to come.
FMC Bearish FMC is showing all signs of a bearish move. It had a weak performance at earnings, showing that this company has is less profitable than last quarter. In a bearish market setting, this stock could keep moving lower for a long time. Even with a bullish move on Wednesday and the EOD thursday, it still continued to move lower.
$FMC posted earnings with a neutral outlook$FMC posted its earnings with the PEAD keeping a neutral outlook for the stock as the price is currently trading just above the median line.
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FMC CORP Opportunity DailyHello traders, FMC CORP is at a very important moment in its history, it can once again make history higher. FMC CORP gives a fake bearish movement with a large sell volume, it goes down to turn towards its last previous lower and start straight up again. In this situation, it can forcefully break the fibonacci to reach its decision zone and seek a new historical high.
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FMC BUYBuy signal at 93.47 $
Timeframe - 1 week.
I missed this signal, and I didn't go for this signal, but let it be in this profile.
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium.
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You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
FMC - DAILY CHART Hi, today we are going to talk about FMC Corp and its current landscape.
FMC Corp is poised to receive increasing attention from the market as relevant events are taking place. The American chemical manufacturing company announced that in Jun 2020 will replace its CEO Pierre Brondeau for Mark Douglas that has been serving as president and COO since Jun 2018, the change of CEOs is usually troubling for companies and could change the sentiment for investors around FMC shares that has been having a good year.
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FMC Take-ProfitSell signal at 99.05 $
Timeframe - 1 week.
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium.
__________________________________________________________________________
You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
FMC BUYBUY signal at 79.92$.
Timeframe - 1 week.
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium.
If you want to see more history of this strategy, I able to show you if you request me.
__________________________________________________________________________
You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
The signals rare but useful.
FMC Channel BreakoutWith the recent price retracement onto the channel's support, you may either place a buy stop order on yesterday's candle or wait for a bullish pinbar to form in the days to come. So long as your SL orders are placed below the support. For S.S.B. students, you will notice all 3 indicators & earnings are positive.
going long on FMC Bascially i planning to go long FMC in the near future, currently deciding on how much risk i am taking and where to cut my losses. I feel its currently a bit overboughts, so i can proably enter it a bit cheaper if i wait so around 86 usd would be perfect. I think setting my stop loss at 84 usd would be a good way of going to about it.