Stock Aaon - Long Position- **Net sales**: an increase of 4.9% to 327.3 million dollars.
- **Gross profit**: down to 34.9% compared to 37.2% in the corresponding quarter.
- **earnings per share**: increase to $0.63 compared to $0.58.
- **Order backlog**: increased by 32% to $647.7 million, mainly for data center equipment for 2025.
- **Demand for Data Center**: Orders have increased by about 90% since the beginning of the year.
- **Expansion**: Purchase of a new facility in Memphis to increase production capacity.
AB trade ideas
Watch for reversal!The more I look at this chart the more I am looking to buy some. It will need to break passed the red resistance line while holding the Indigo box, preferably the yellow line that it is holding at the moment. Time will tell. If it breaks down below the yellow line but holds the blue box, oh well better prices right. Placed in watchlist!!!
Dividend king. Investment idea.I really like this stock. I'm holding hundreds since several months ago for the dividends and is a cheap stock (Yield 9.58%-$3.54 a year). This is the perfect time to buy and hold forever. Here is the strategy that I do, is very simple. Just buy at least 100 stocks, and keep buying on a drop 100 more and so on depends on your risk tolerance and cash available. Every time the stock is about to drop, write one or more cover calls depending how may are you holding.
Real case holding 100 stocks:
Dividend payout (every quarter): $3.54*100/4 = $88.5 this is what you get paid every quarter for holding 100 stocks
The stock was trading at $40 a few weeks back, that is a strong resistance and I thought it wasn't going to break it at the first attempt so I just wrote a cover call that expired in two weeks and strike price $40 for $70. The price dropped, it couldn't break the resistance, the two weeks passed and the cover call expired and I made $70 for each cover call. If I would have written a cover call that expired in a month I would have made $120. And now the stock is turning back up, I'm buying 100 more this upcoming week, I'm still holding all of them and getting my dividends paid each quarters. So just by holding 100 stocks and writing cover calls each time is about to correct for a year you can make more than $500 ($354 in dividends and the rest in cover calls approx.).
Hope it helps.
Alliance Bernstein touched bottom. ABIt's going to be a limited recovery.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Long Trade on AB - Possible entry Sep. 19 2022Trend:
Uptrend since May 2022, confirmed UT with break of previous high in June. Nice pattern with higher highs and higher lows.
Currently 3rd bounce on the trend line. Also, previous downtrend line has now been used as support.
Setup:
Calculation with candle touching trend line on Sep. 16
Fluff 1%
Take Profit determined with angle of previous bounces and channel resistance line
Risk Reward Ratio >3:1 (3.33)
Place trade to enter with stop order on Sep. 17
DYOR
Best,
Raphaela
Alliance Bernstein - pivot confirmed. ABImmediate targets 44.36, 40.89. Invalidation at 64.59.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
ALLIANCEBERNSTEIN HOLDING LPThe market made a bounce on a very important line. which was a support before
breaking on (March 2)that gave us a nice bearish trend. and that has become a resistance.
For now there's a probability that he will made a correction,around 30.5
to gain strength since it couldn't break that level
Banks and Financial Institutions are going UpAnother resistance breakout and again in the Financial Sector with the same fundamentals (Raising interest rates)
Now we go to the technical aspects you can appreciate some weeks ago a clear resistance breakout with your respective pullback in the 25.00 area, accompanied by a red candle with a considerable bottom tail rejecting the new price level and testing the new support look the stock chart for a better idea.
but you also need to look the resistance level around 32.00 because here is where comes into consideration the Fundamental Analysis because if your objective is above the 32.00 area and your intention is to buy and hold for a long term investing this idea need approval of financials fundamentals and some economic knowledge
and this is your homework I only can provide good entry points based in technical analysis
Homework
www.thestreet.com
www.zacks.com
seekingalpha.com
Opinions are for educational purposes. I am not licensed to provide investment advice but I try than my opinions looks the more realistic way.
AB - Less Supply (Shares) Equals Higher PricesOn September 1st, large buy insider trader AXA America Holdings of Value of $24,530,022.
What does that mean to YOU, if interested in investing into this stock?
When an insider buys a large amount of shares, means less supply or shares for everyone else to obtain.
Please refer to chart:
1) Conservative investors, wait for price action to close outside of noted yellow box.
2) Cloud indicator, says price action is at a major support level.
3) Noted: Fib Ret- Price action is at a 50% retracement level.
Would expect price action to continue to go up and trade with trend at this time. If you are interested, please do your own research.
Immaculate Bullish Flag!The downtrend since may is history.
After the trendbreak, a flag as it could not be more beautiful was formed.
The upmove ended and consolidated till the 38,2 fibo in an almost "textbook manner".
Prices above 24.6$ will generate a longsignal--> TP 29,5$
Prices below will initiate the next consolidation-round