XYL trade ideas
XYL, looking for a long playXYL sector – industrial goods
The stock jumed as a result of news about Jorge Gomez who's been elected to company’s board of Directors.
jorge is highly experienced in managing money and extensive international business experience,
and it seems that members of the board have high hopes for the development of the company.
Following it for a long play above 80 only after an approval candle and no less important – good volume which isnt high right now.
First target would be 82.4. If the stock crosses this level, its face may be heading toward all the time high.
Earnings: may 2019
This is not a recommendation.
as always, you are welcome to enlighten me…
XYL - inverted flag formation short from $46.63 to $40 area. XYL seems breaking down underneath Resistance, and seems forming a flag formation. Downward volume is increasing & moneyflow is going down as well. We think if it can break below $46.63 it can go all the way down to $40 area.
* Trade Criteria *
Date first found-February 9, 2017
Pattern/Why- Resistance breakdown, Inverted flag formation
Entry Target Criteria- Break of $46.63
Exit Target Criteria- $40.63
Stop Loss Criteria- $49.13
(Note: Trade update is delayed here.)
XYL- Short at the break of 49.33 to 46 or lower XYL looks very suitable short opportunity as it has lots of weakness. It has moneyflow divergence & insider selling.
It also breaking down from a long upward channel.
We think it will decline to 46 & lower, and we are considering $50 January puts, last traded for $2.55
You can check our detailed analysis on XYL in the trading room/ Executive summary link here-
www.youtube.com
Time Span:5:45 "
Trade Status: Pending
XylemIn a strong up trend however it's forming a bullish momentum divergence in the daily chart which suggests momentum is slowing. Buy on a pullback to demand zone. The demand zone highlighted here in yellow also coincides with former resistance on the weekly chart.
Entry: $39.47
Stop Loss: $38.93
Target 1: $43
Big Call Buyers in XYL Signal a LongXylem Inc (XYL) is a provider of pumps and pumping equipment for water and wastewater applications. The company’s stock is currently trading around $38.35 in a 52 week range of $23.61-$38.50. The stock has performed well over the past year with shares rallying nearly 36% over the past 12 months. The stock made a new all-time high today and is up nearly 1% on the day. Options action during today’s trading session also suggests that this trend could continue through July expiration. Earlier in the session a trader bought 1,375 XYL Jul 40 calls for $1.80. This is a very bullish bet and this block represents volume nearly 20 times the average daily option volume in XYL. With stock trading at a new 52 week high and well above the Ichimoku Cloud we believe that XYL is setting up well for a long position.