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Scotts Miracle-Gro Company (The)SS

Scotts Miracle-Gro Company (The)

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SMG trade ideas

SMG- it's spring time for SMG to make some green LONGSMG has good reason to trend up- the spring brings out consumers looking to get their lawn off to a good start and the rise in marijuana stocks on the run-up to April 20th and the recent legislative catalysts in Germany and Florida bring Scott's into focus as cultivators often use it in their soil-based and hydroponic grow operations. The indicators show price momentum and adequate volume to support a move higher. The predictive algorithm forecasts that move. I will take a long position here targeting 86, the pivot high of 11 months ago.
NLong
by AwesomeAvani
SMG Gap UpScotts Miracle Grow is up +7% and trading above $70 after a gap up this morning - trade was initiated last week on the falling wedge breakout. Gaps tend to get filled so I've adapted to the price action and moved my stop-loss order up to just below today's candle at $68.45. No way to lose money on the trade now if price reverses, upside target remains near $80. Lower PPO and TDI indicators are still reading bullish and increasing in their bullish trends. Buy Price: $64.34 Stop-Loss: $68.45 Take-Profit: $80-ish Gain on trade if I get stopped out at $68.45: +6.3% Gain on trade if price reaches the take-profit level near $80: +24%
NLong
by PrepForProfit
2
Forecast | StudyNotes: Anticipating an odd ball earnings play: "if I do get a positive response on SMG's earnings I think it will be on a trial basis, gapping up only to sell and close lower for the day" (I published SMG for study purposes). About SMG: "Scotts Miracle-Gro Co. engages in the manufacture, marketing, and distribution of systems and accessories for hydroponic gardening. It operates through the following segments: U.S. Consumer, Hawthorne, and Other. The U.S. Consumer segment consists of consumer lawn and garden business. The Hawthorn segment includes indoor, urban, and hydroponic gardening business. The Other segment refers to the consumer lawn and garden business in geographies other than the U.S. and product sales to commercial nurseries, greenhouses, and other professional customers. The company was founded by Orlando McLean Scott in 1868 and is headquartered in Marysville, OH."
NShort
by UnknownUnicorn28743597
SMG Falling Wedge BreakoutThe largest player in cannabis without having the risk/exposure to the schedule 1 plants and cutthroat competition in the sector, SMG, has broken out of a falling wedge pattern with lower PPO and TDI indicators that are close to turning bullish. All eyes/ears are on the Senate as a vote on Safe Banking for the cannabis sector is expected this month. businessofcannabis.com If approved this would clear a major hurdle for the cannabis industry for both long-term growth and the path toward federal legalization. Currently long with an entry price of of $64.34, a stop-loss at $60 and a take profit at $80. Stop-loss and take profit levels will remain adaptive to price movement.
NLong
by PrepForProfit
Scott's Miracle Grow WILL GROW!SMG strong buy ratings and solid financials make SMG a good Long Term Buy. The cannabis industry is helping build it's revenue from critical fertilizers and other materials that are it's core business. I honestly believe SMG is a stock that will double in the year. Mark my words Trading View! SMG will be a big winner! Also, buying SMG while it's under it's major moving averages is a much better strategy than waiting for a large break-out and trying to time it perfectly. I think accumulating SMG the next few months is a wise idea.
NLong
by DontSlamTheDoor
Scotts Miracle-Gro About to Grow Miraculously?Scotts Miracle-Gro (SMG) has only reached the cloud on a monthly chart three times in its 30+ year history on the exchange and every single time has proven to be an amazing and rare buying opportunity for long-term investors. If you're a long-term investor this could be a perfect time to cautiously dollar cost average (DCA) down. In the worst-case scenario, the price could go into the 70s or upper 60s. In the best-case scenario, the price rebounds from here and you would have missed a rare buy opportunity. Not financial advice.
NLong
by SpyMasterTrades
3
SMG Closing in on .786 Fib SupportSMG (currently $117) is reporting earnings in the near-future and will be one to watch as it approaches both the .786 fib and 2019/2020 accumulation/distribution levels. A rally likely takes price back to resistance at the .618 fib where it will also contend with upper line of the down channel. Above these and the initial upside target looks like $150-155. Scaling-in and looking to hold as risk/reward seems favorable at 1:2. Please be sure to hit the thumbs-up if you agree with my analysis. Thx! This is not investment advice. Do you own due diligence.
NLong
by AlgoTrend
SMG STOCK ANALYSISScotts Miracle-Gro Co. engages in the manufacturing, marketing, and sale of products for lawn and garden care and indoor and hydroponic gardening. It operates through the following segments: U.S. Consumer, Hawthorne, and Other. The U.S. Consumer and Other segments manufacture and market branded consumer lawn and garden products. The key consumer lawn and garden brands include Scotts and Turf Builder lawn and grass seed products, Miracle-Gro soil, plant food and insecticide, LiquaFeed plant food and Osmocote gardening and landscape products, and Ortho, Home Defense and Tomcat branded insect control, weed control and rodent control products. The Hawthorne segment manufactures, markets, and distributes lighting, nutrients, growing media, growing environments and hardware products for indoor and hydroponic gardening in North America. The key brands include General Hydroponics, Gavita, Botanicare, Agrolux, Can-Filters, Sun System, Gro Pro, Mother Earth, Hurricane, Grower's Edge, and Hydro-Logic. The company was founded by Orlando McLean Scott in 1868 and is headquartered in Marysville, OH. THIS ONE DEFINETLY GOING TO BE THE BIGGEST GAINER OF ALL AGRIC STOCKS 4REAL 4REAL SENNASEASON
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by Bekiumuzi_Dube
Scotts Miracle USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutions
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by Sunstorminvest