$FDP Tight Action with 5 Months Cup with Handle$FDP 5 months cup with handle
Can't get any more tighter and quitter than this.
If you have been following me for a while, this fits the bill perfectly.
FDP trade ideas
$FDP, pullback and rally ,fundamental base playsame with MDP i found FDP on my new scanner that I'm testing out. Small position to see how it performs first.
$FDP can rise in the next daysContextual immersion trading strategy idea.
Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, Africa, Asia, and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $24,09;
stop-loss — $23,14.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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DOUBLE BOTTOM IN FDPAnalisys on a Double Bottom in FDP stock, first there is a reverse pattern, bottom 1 and 2 are at the same price level, a breakout point occurs and the price increases after. In this particular case there is no pull back to the resistance line after the breakout.
Buying the bottom of Fresh Del Monte This is a long-term trade with investment potential.
The strategy is to buy FDP at the very bottom. I envisage 2 main scenarios.
Scenario 1 - the bottom is in place. In this case, I will hold on to the trade and
EXIT STRATEGY will be when the price hits 100MA and then 50% retracement with subsequent reentering the stock at lower levels
Scenario 2 - the stock will hit SL and will decline to 22.5 where I will buy it back with Limit Order.
Allocating 0.3% of total portfolio risk to this trade.
Del Monte may go Bananas price has touched lower channel support while reaching .618 fib. also oversold on all time frames and is seeing divergence in the 1hr
FDP ShortCame up on my short screener as a potential earnings manipulator with poor fundamentals; ranked as 15/62 of the best stocks to short via my screener
Looks like it has failed the cloud and once the CS breaks below the cloud it could really drop quickly
Manage your risk; playing shortside can be dangerous!
gl hf
xoxo
snoop
Dow drops 666 points :( #5 FDP )Some food producers are having problems selling your canned products ?
I do not the fundamentals of this Industry Sector because I only pick stocks based in chart patterns but I find some companies in the Consumer Goods Industry and the Food Producers sector having problems to going up and this added to the bad news of last week.
Possible target for a swing trade is 39.00 if the price broke the support of 45.00
FDP - Potential short from 62.13 to $46.23 & $40.67Potential early entry opportunity. Text alert was sent when it touched the entry.
Trade Criteria
Entry Target Criteria- Break of $62.13
Exit Target Criteria- $64.13
Stop Loss Criteria- $46.23, $40.67
Option- $60 Mar-17 Puts @ $3.3
You can check detailed analysis on -- in the trading room/ Executive summary link here-
www.youtube.com
Time Span- "
Trade Status: Pending
FDP - Inverted flag pattern short from $56.13 to $50 or lower FDP seems forming a inverted flag formation. It broke down major support & moneyflow is very deep down. It had some insider selling as well. Overall it seems a good shorting opportunity.
Trade criteria
Open - Break of $56.13
Target - $50, 34
Stoploss- $57.53
Note: - $55 Mar-17 Puts @ $1.70
You can check our detailed analysis on FDP in the trading room/ Executive summary link here-
www.screencast.com
Time Span- 14:10"
Trade Status: Pending
