IESC - Bull ViewA view for the bulls
Seeing this structure as a falling wedge, the bullish pattern
The bars pattern shows this breakout out of the falling wedge and above the middle line
This is all within an upward channel
1IESC trade ideas
Long on #IESC - bullish patternNASDAQ:IESC
- Good pattern
- When below 50MA tend to recover
- MACD and RSI good
- FIB extension levels
IESC, Stochastic Oscillator left the oversold zone on Nov 04, 20This is a signal that IESC's price trend could be reversing, and it may be an opportunity to buy the stock or explore call options. Tickeron A.I.dvisor identified 61 similar cases where IESC's stochastic oscillator exited the oversold zone, and 55 of them led to successful outcomes. Odds of Success: 90%. Current price $35.61 crossed the resistance line at $35.23 and is trading between $36.17 resistance and $35.23 resistance lines. Throughout the month of 10/05/20 - 11/04/20, the price experienced a -2% Downtrend, while the week of 10/28/20 - 11/04/20 shows a +6% Uptrend.
Bullish Trend Analysis
The Stochastic Indicator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. Tickeron A.I. detected that in 55 of 61 cases where IESC's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 90%.
IESC moved above its 50-day Moving Average on November 03, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +6.61% 3-day Advance, the price is estimated to grow further. Considering data from situations where IESC advanced for three days, in 249 of 307 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.
IESC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 144 of 207 cases where IESC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 70%.
Long IESCLong for the potential infrastructural trade
Rounding bottom, bull flag breakout + hold breakout level
TP: 29.58
A late rotation short, momentum continuation to 1/1 Gann Line.I have been following IESC for awhile. Due to other activities and some much needed vacation time I am currently late on a 1/2 Gann Line breakdown 8/30 - 9/6/2016. The retest of 9/30 - 10/3/2016 with a long legged indecision candle at previous resistance and 1/2 Gann Line failure also represents a "box" move.
Due to my attention starting on 10/26/2016 I prefer a momentum continuation short into the end of the year.
WD Gann Study - The man with a plan!I have been following this company since it's meteoric rise with the change of President's at this company. This can be either a positive or negative catalyst for a stock as it is well known. All lot of changes have been made including four or five new acquisitions.
The current balance sheet is all happy with lots of cash flow and a new financial agreement with WFC combining old debt with even more new debt and extended credit limit. This all makes me ponder as I have been involved in several acquisitions and mergers. It's all sunshine and lollipops at first, then reality shows up and in short order with the rising overhead costs and lack of increased sales to support the new business structure, crash! Another house of cards?
This is a research project also in regards to specific calendar days that Gann held significant. So I am plotting these dates moving forward from the new low closest to the relevant date, which in this case is 8/5/2015.
I am including the use of the Square-of-Nine and the rotation of numbers in this research.
I am new to this site and this is my second posting of an idea. This one is not being published initially public as I would like to gather input, guidance, and suggestions of others who may be familiar with this style or type of trading method.
I have followed only a few traders on this site to date as I have been trading on and off for over 30 years and wished to "weed" through the traders that have not been through the trenches yet.
Thank you in advance if you wish to share - Pivot Point Guy.
