FMC Corp | FMC | Long at $58.00NYSE:FMC Corp is currently trading at a P/E ratio 6x and has a 3.98% dividend. It had a very rough year in 2023, but the company estimates improved earnings and growth after 2024. From a technical analysis perspective, it appears to be in an accumulation phase after seeing a low around $50 and wavering between that value and $68 for 11 months. Unless fundamentals change post earnings, it is currently in a personal buy zone at $58.00.
Target #1 - $81.00
Target #2 - $85.00
Target #3 - $90.00
Target #4 - $122.00 (very long-term...)
FMC
Textbook Cup&Handle on FMC CorporationHey guys,
A Cup&Handle formation on the FMC. If the price breaks out I expect a move into the 140-150$. The fundamentals look strong and institutional investors are piling in.
If you want to know more you can check my profile :)
I am bullish from here.
And what do you think ?
$FMC May Extend Higher$FMC has reacted in the 50-61.8% retracement zone of the rally off the March 2020 lows. It has done so in a 3-swing move so it may be an entirely completed correction, a 1-2 of significant degree. A reasonably conservative first target is the 50-61.8% retracement of the correction, though it may eventually go significantly higher than that.
FMC CorporationThe reason I chose this ticker is due to the fact that XLB (basic materials sector) has fell under 50% stochastic currently sitting at 36%. Since Dec of '20, price has reached near the high of $120 about 4 times. It seems like price is currently testing support and is near a strong support. My daily, 4 hour, and 1 hour time frame matches with the RSI being oversold and the mac on the green side. I used a Fibonacci tool to track a retracement percentage up to 61.60% of the previous high. It looks like price could be ready soon for some type of retracement.
What do you think?
FMC AB=CD pattern. Min Target @ C point.FMC is an agro-chemical company with reasonable fundamentals and which plays well into the developing inflation narrative. I personally don't subscribe to it, but that's another story. The pattern is that of an AB=CD which sets a minimum target at the C retracement. However, momentum held strong during the brief correction (indicated with a tick) suggesting much higher levels to come.
FMC BUYBuy signal at 93.47 $
Timeframe - 1 week.
I missed this signal, and I didn't go for this signal, but let it be in this profile.
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium.
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You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
FMC - DAILY CHART Hi, today we are going to talk about FMC Corp and its current landscape.
FMC Corp is poised to receive increasing attention from the market as relevant events are taking place. The American chemical manufacturing company announced that in Jun 2020 will replace its CEO Pierre Brondeau for Mark Douglas that has been serving as president and COO since Jun 2018, the change of CEOs is usually troubling for companies and could change the sentiment for investors around FMC shares that has been having a good year.
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FMC Take-ProfitSell signal at 99.05 $
Timeframe - 1 week.
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium.
__________________________________________________________________________
You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
FMC BUYBUY signal at 79.92$.
Timeframe - 1 week.
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium.
If you want to see more history of this strategy, I able to show you if you request me.
__________________________________________________________________________
You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
The signals rare but useful.
FMC Long Soft target almost reached, new entry levels as followsMy initial entry was at 44,18$ with soft target at around 94$. Almost got there and Elliot wave 5 seems to have topped out short before also seen by the divergence on AO. Now looking for rebound targets. sold a 3rd of my position at 89, for a quick double up :)
set new buy limits @ 63$, 60$, 56$ and 51$.
FMC POSSIBLE BREAKOUT FOR SHORTINGLooking at previous rising wedge breakout i've measured a retrace under 0.61 fib. The breakout occurred after 291 bars on weekly chart and happened with many gaps. Now we have a similiar pattern, time symmetry, a gap that's going to break lower trendline and volume increasing. Need to see a strong distance from lower trendline, possible gaps and more volume for confirmation. As a possible target i'm pointing to 0.61 fib area. Good luck for your trading