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PBI

PBI ready for a huge breakout to 12 and 16+This chart reflects a pivotal moment for PBI . A breakout above the $8.79 resistance and the downward trendline would be a strong bullish signal , with the potential to rally toward $9.92 and 12.11 and $16.06 in the mid-term. However, failure to break this level could result in consolidation or a retest of lower support zones. Monitoring volume and momentum indicators will be critical to confirm the breakout. W patterns are typically confirmed with a surge in volume as price breaks above the neckline. The W pattern sits within a falling wedge, meaning a breakout of the wedge would likely align with the W pattern's neckline breakout. This strengthens the bullish case. There appears to be a "W pattern" (Double Bottom) forming within the larger falling wedge. Characteristics of the W Pattern: Two Distinct Bottoms: The chart shows two prominent lows, one earlier and another more recent, which form the "legs" of the W. This indicates the price found strong support at similar levels. Middle Resistance Level: The middle peak between the two bottoms is near $8.79. A breakout above this level would confirm the W pattern, signaling bullish momentum. Neckline Confirmation: The neckline of this W pattern coincides with the $8.79 resistance level. If price breaks above this zone with volume, the pattern would complete, leading to an upward price move. Target: Target=Neckline+(Neckline−LowestBottom) In this case: Neckline = $8.79 Lowest Bottom = $5.47 Projected Target = $8.79 + ($8.79 - $5.47) ≈ $12.11.
NYSE:PBILong
by EssieQuantumTrader
PBI PITNEY BOWES Trading opportunityPBI had great runup off the lows. nearly 14x from the covid lows. Its been in bearish direction since 1999. Highly unlikely it will return to new ATH, not anytime soon, but market may decide differently. At the moment, can see a bearish sequence in play, makes for excellent counter trend trading in between the bounces for some quick fast profits and short term trading (keep an eye on markets and indices and don't hesitate to close positions if you favor the trade going against you) Can see a 5 wave structure and a head and shoulder pattern. Target range measures just above previous low (aligns close to the unfilled gap). Before it reaches there, should favor some bounces to complete some bearish sequences before resuming lower. Personally Im a fan of trading the ending of the wave 3/iii, the wave 4/iv bounce is typically a 0.236 minima retracement before a wave 5/v ending. Lotta price action tends to take place before the ending, and endings can be slow, has to end, then start move up, then retrace, back n forth few times before the breakout and then the retest, it can be a timely process, whereas the bounces in between before the endings often get nice reactions close to previous buyer support. So here we can see the 5wave structure favoring an ending soon approaching. The count I gave it was just for the current structure shown. Its an old chart I dont see PBI as a good quality investment, but for trading def worth a shot here. Pink lines is zone for ending wave (v) of (iii) $3.23-$3.01 (keep in mind, market could decide not to, can also decide to go lower so play safely) Practice Risk Management, don't over-invest, DCA strategy is a safe method & happy trading. If you like my charts, please smash like to show your support. Feel free to leave comments or ask questions Cheers
NYSE:PBI
by CryptoHolix
🟢 $PBI Target 11.97 for 27.07% 🟢 $PBI Target 11.97 for 27.07% Or double position at 6.71 I like this one… I have an open order to add around 9.42 if it comes back down… — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. I finally added my YouTube Training Video to my profile tagline since I’m not allowed to on here. It’s a quick 15 minute training video on how to set up your chart and how to spot opportunities. So check here first but If you have questions just message me.
NYSE:PBILong
by SPYder_QQQueen_Trading
Mr. West Daily notes Report no. 8Trending up: ABNB, ACB, AESE, BOTZ, CRON, CSX, DASH, DENN, HERO, JBLU, JETS, MVIS, NCLH, NKLA, NNDM, PBI, PRCH, REKR, UA, UNP, Trending down: CAN, Consolidating: GE, HVBTF, MICT, NIO, ROKT, ZNGA Today's notes will reflect the number of up trending stocks that are on the List. These particular companies and ETFs have been showing growth over the past month. Many of them are tech based, industrial based and consumer based. 20 out of 28 stocks are trending up for the month of January. Pitney Bowes (PBI) has shown signs of growth due to their expansions in the postal service. Door Dash (DASH) has also grown since its debut in the stock market and its number of ghost kitchens appearing more in the U.S. Two companies in particular has also shown some great improvements in it's sector are Aurora (ACB) and Cronos (CRON). Based on the cannabis market and the conversation of marijuana being legal on a federal level speaks growth for the weed market. The number one company on the trending up list based on percentage growth for the month of January is Aurora (ACB). It has shown great growth for this month. From January 1 it has grown over 40 percent. However, based on their financial reports, they maybe valued as over bought.
ALong
by Grantw04
Mr. West Daily notes Report no. 7Trending up: NIO, MICT, REKR, CRON, DASH, HERO, SNE, AESE, ZNGA, BOTZ, GE, MVIS, DENN, NKLA, ROKT, NNDM, Trending down: JBLU, PBI, ACB, UA, Consolidating: SAVE, JETS, NCLH, CAN Today's notes will be on the Stock list of trending companies for the month of January. Many companies like NIO have been showing strong signs of progression. The electric car company sector has been showing many signs of growth because of the high demand for EVs and the demand for a better electric car besides Tesla. The top stocks that I am watching for this week is NIO, MICT, MVIS, and CAN. All four companies are trending up for this month. The trending down companies are also being watched as well. PBI was trending down these last couple of days. However, it has shown great signs of an up trend this past month. Now that tax season is among us, many shares will increase because there will be a demand of documents moving across the postal market with Pitney Bowes acting as the carrier.
NYSE:PBILong
by Grantw04