This could setup to be a big 2x or 3x move coming. $NCS is a metal building company and owns lots of components and products used by other companies. They had a big merger and are re-branding to Cornerstone. This will be huge for the company, and with steel prices looking to rebound a reversal is setting up nicely. Also, weekly bullish divergence is occurring (see...
Your main pickle here fellow traders. I believe a clear trade setup is here. Merger with Ply Gem might let this one take off. Green lines are/were uptrend channels, red for downtrend. Brighter colors for more recent/relevant ideas. Setup as follows: Entry below ~$7.00 Exit between ~$15.00-$16.00 - possible taking profits at other levels on the way up (i.e. $10,...
NCS NCI is a near $2B business, which just merged with Ply Gem Corp. also $2B business forming larger construction and engineered products business * Forming handle in likely break from Fibretrace 0.786 at $15.75 to $17.00 indicating break-out * Drop to 14.10 not likely as relative strength and sales growth in construction and housing products after Hurricane...
NCS completed an inverted head and shoulders in pre-market. going long for price target of 17.30. price may pull back and form additional right shoulder, (peep the RSI) for a target of around 19.35, but we'll cross that bridge when we get to it fam. this is a risky trade, stop loss accordingly. STAY UP SK
NCS forming a bear flag. Money-flow has huge divergence, and it also has a significant amount of insider selling. We think if it can break below 14.63 it will break to 12.30 area You can check our updated analysis on NCS in the trading room/ Executive summery link here- www.youtube.com Time Span: 16:00" Trade Status: Pending