WHR trade ideas
WHR: Whirlpool Corp - The Bullish Momentum Is Growing Again$WHR - Falling Wedge Pattern
Targets:
$203.23
$214.49
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If you like my analysis:)
WHR - More to go? I think Yes.WHR looks a little extended, but it might have more to go. I'm hoping next week it targets 200-205.
I bought a next week 200/205 vertical call spread. Financed with a 2-weeks out 190/185 put spread. Paid -.67 for the trade. (credit)
WHR 1hrWHR broke resistance with some volume coming in. Looking to break highs and hit my first PT:$207.40
$WHR – H/S$WHR
Watching 200 EMA at the $180 level.
“I’m not an expert but I have watched a lot of youtube videos.”
NYSE:WHR
WHIRLPOOL CORP Now is in BUY SituationHey traders, WHIRLPOOL CORP is in a descent rejected by buyers on a high volume of sales, it must fall further to work its price downward, seek its last lower precedent and start rising. It is plausible that we will breakout the consolidation zone or even go tried on the next, if buyers push their prices to new records.
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$WHR Whirlpool upgrade to Buy with $165 PTEntry level $145.62 = Target price $ 152.76 = Stop loss $143.56
Indicators all in bullish reversal.
Bounce of the rising 200MA.
Today's upgrade
Whirlpool initiated with a Buy at Goldman Sachs. Goldman Sachs analyst Susan Maklari initiated coverage of Whirlpool with a Buy rating and $165 price target. With North America appliance pricing and promotions remain a key topic for investors, Whirlpool management's "newly-found" discipline shows signs of staying power as it re-builds profitability, Maklari tells investors in a research note. Further, Whirlpool is expected to lock in favorable steel pricing at the end of 2019, adds the analyst, who views the stock's valuation as attractive.
Source thefly.com
Buy and sell opportunityBuy and sell opportunity: wait for a bullish and bearish reversal in buy and sell zones respectively.
Trend analysis:
Monthly - up
Weekly - up
Daily - up
Long-term opportunity: buy
Short-term opportunity: sell
Whirpool, Follow the trendWhirpool give a good chance to buy with discount in this phase of uptrend.
SL under 146,5
Final TP 180
SL at brakeven at 160
Technicals are important to Whirlpool investors.A lot of questions were asked today among they experts in the media as to why could NYSE:WHR be possibly dropping on a earnings beat,
something that is rarely mentioned on CNBC etc is technicals, that is the reason for it to drop. It simply hit resistance and sold off as investors told some nice profits.
This proves that its better to do your own research and don't listen to those whom have nothing to lose in a stock apart from air time.
$WHR WHIRLPOOL HAD INVESTORS IN A SPINWhirlpool was supposed to be a benefactor from Mr Trumps tariff war, it has not worked out that way, raw material costs have had a very negative impact on manufacturing costs. Whirlpool has taken measures included innovative new products to tackle this downside and it seems to be working. We believe earnings will be good for WHR spurned by the increasing consumer confidence and new housing market activity.
EBIT may disappointGS warning
Buckingham Research cautious
Shares of Whirlpool are up 7% over the last 90 days after an extended slide when tariff-related price hikes cut into consumer demand for products. -by Clark Schultz, SA News
BAML expects appliance volume to decline
seekingalpha.com
WHR approaching resistance, potential drop! WHR is approaching our first resistance at 127.45 (horizontal pullback resistance, 100% Fibonacci extension, 23.6% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 92.84 (horizontal pullback support, 61.8% Fibonacci retracement).
RSI (55) is also approaching resistance where we might see a corresponding drop in price.
WHR Approaching Resistance, Potential Drop! WHR is approaching our first resistance at 125.32 (horizontal overlap resistance, 23.6% fibonacci retracement, 100% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 92.84 (horizontal pullback support, 61.8% fibonacci retracement).
RSI (55) is also approaching resistance and we might see a corresponding drop in price.
WHR - into support - looking to get long around $112.00WHR has been in sell mode for most of 2018. Its hitting MAJOR support here on the weekly chart. I will be getting long today via. JAN. 19 $130 call options. I will be looking to sell around 130.00
