$FASTBreak down below the 200day on the daily... possible bounce off the vol shelf and 100 day/weekly...but that would form a H&S.
NASDAQ:FAST
FAST trade ideas
$FAST with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $FAST after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 60%.
FAST EarningsThey're basically a fastener retailer, can't imagine guidance will be good considering housing and construction are slowing down.
Threw some beer money at OTM puts for earnings tomorrow. Remember earnings are a crap shoot, but I don;t think too many companies are gonna have good news for guidance.
$FAST with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $FAST after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 62.5%.
Short Setup Fastenal An industry that is very sensitive to lead time, supply chain, and inflation. A very good short target as it seems to have retested previous support level as resistance.
A long way down! Very good risk-reward trade!
$FAST has a HIGH potential for a Swing trade BUY!Looking at the $FAST symbol. Price fell pretty significantly, and I strongly believe with one contract on this trade will do just fine. This is a strong buy. Trade at your own risk.
FAST trying to make new all-time-highsFAST is trying to break through and close above its recent all-time-high of $54.31.
Good news is that it's holding its previous all-time-high of $51.89 as support.
With buying pressure slowing down it may come back down to retest the $52.50 to $53.10 area as support before making another attempt at breaking and closing above $54.31
Final thoughts
* Strong up trending stock
* Expected to have earnings-per-share growth over the coming year
* Great long term hold as it pays dividends
Trade Idea
* Look for buying opportunities around the $52.50 to $53.10 area
OR
* Wait for a confirm break and close above $54.30
$FAST with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $FAST after a Negative over reaction following its earnings release placing the stock in drift C
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FAST 🌦Good afternoon fellow financial astronauts! Most of of you have been asking me to place more labels on my charts. The ABC segments represent Elliott correction waves. ABC patterns are primarily what we trade. Our maxim is founded on the idea that markets move in impulse correction impulse waves.
If you like what you see why not support us?
👇
FASTProbably one of the few opportunities to enter this paper, which has been growing continuously since 1998. Pays 2% of dividends, not much, but they are constantly increasing. Now a large triangle has been formed, its breakdown and retest has occurred (see the yellow circle). The goal is indicated on the graph. I recommend leaving the paper in the medium term (2-5 years) and even in the long term (5 years and longer)
FAST - 5.14% Potential Profit - Ascending Triangle BreakoutAscending Triangle formed after a 3-month correction. Multiple new support confirmation over the past 4 days.
I am fairly optimistic on this trade, as I particularly like the chart and the risk/reward ratio. This means that I will allocate more capital than usual. We have a target price, however, I wouldn't be surprised if it would go above that.
- Target Entry $50.53
- Target Stop Loss $49.93
- Target Exit $53.00
About me
- P/L Oct-Dec Trading Suspended | September +49.18% | August +232.32% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
FAST - another name in infrastructure play$FAST #tradeidea
+ Biden's infrastructure plan
+ Just broke out of a strong resistance (waiting for backtest)
- I've never played the name...
FAST Fastenal special one-time dividend of 40 cents a shareFastenal Co. FAST, said its board has declared a special one-time dividend of 40 cents a share. The maker of fasteners and tools for industrial use said the dividend will be payable Dec. 22 to shareholders of record as of Dec. 2. (marketwatch)
The indicators are bullish on many timeframes.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
FAST with a Neutral outlook$FAST posted earning almost as expected as PEAD projecting a neutral outlook for the stock, Price is currently trading around the median line of the projected PEAD Cone.
FASTENALNASDAQ:FAST
Hello, traders.
It's time to show you the shares of FASTENAL Co., a member of the S&P500 index. And that's why.
What's on the chart:
1. Since March, the paper has grown by more than 70%.
2. On the chart clearly visible correction waves, but the paper was not allowed into the short zones, so as not to launch a wave of sales.
If you look carefully at the chart, you will see that the first wave of correction 7%, the second wave of 6%, after analyzing all the waves, you will see that the paper has always been bought back.
That is, we have a strong long player in front of us.
3. August 7 growth was stopped at 48.51. This level was confirmed several times.
4. August 18 was made a false breakout (high of the bar: 48.55), but the paper was not allowed go down.
5. At the level of 48.55 is a large limit order. I will consider this when start to trade.
6. On August 21, there was a breakout of the level 48.51.
7. Volumes for further hiking were gathered within 11 days. It is quite normal to go long.
In my trading strategy I will wait for the fixing bar above the level.
I also remember that at 48.55 is a lim. order placed.
It will be great if this order is disassembled and the fixing bar can close higher.
I will enter the long if the close price of the fixing bar will be above the level.
I will place a SL order under the breakout bar.
