WIRE (Encore Wire) - Bullish Quarter Ahead
Encore Wire Corporation is a low-cost manufacturer of copper electrical building wire and cable. The Company is a significant supplier ofboth residential wire for interior electrical wiring in homes, apartments and manufactured housing, as well as building wire for electrical distribution in commercial and industrial buildings.
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has given price move above LOW point
- Expectation for the price to move to MID or HIGH point
- Trailing stop-loss on price above MID point
- Bullish Heiken Ashi Candles confirm entry
- Fast MACD diverging
- Slow MACD crossing
PLEASE REMEMBER TO LIKE & COMMENT - We answer all comments.
GOOD LUCK.
DO YOUR OWN RESEARCH!
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has given price move above LOW point
- Expectation for the price to move to MID or HIGH point
- Trailing stop-loss on price above MID point
- Bullish Heiken Ashi Candles confirm entry
- Fast MACD diverging
- Slow MACD crossing
PLEASE REMEMBER TO LIKE & COMMENT - We answer all comments.
GOOD LUCK.
DO YOUR OWN RESEARCH!
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