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PWR

$PWR Potential Bullish & Bearish CaseNYSE:PWR $PWR Analysis Breakdown: 11JAN2023 Relevant News : Quanta just scored a new contract for huge construction and optic fiber placement in Colorado. Financials : Looking at statement of Cash Flows we see Quanta is using reinvested operating income into company asset's last year to pay current debt and lower debt-equity ratio, still exited with 30+ million in cash flow change. With new contract and reinvested capital providing cushion for incoming recession/bear market, this will probably be the last bull rally for awhile (probably until June or July once Fed pivots hopefully start) until project in Colorado starts and they can start seeing positive amounts in accounts receivable. Daily Chart - Earlier this week $PWR fell below strong support 141.68 PL (price level), on 05JAN2023 $PWR bounces back from 134.41 PL establishing that PL as new support w/ good volume to confirm level. RSI shows momentum died 14DEC2022 where momentum bottomed out at -1.64 w/ MACD sell off dying out and buyers looking to enter market. 4hr Chart - confirms bounce from 134.41 PL , MACD shows steady buyer entry fighting off remaining sellers. 2hr Chart - RSI showing new bullish momentum verified by bullish cross and chart shows buyer/seller fighting started in 06JAN2023 now buyers are pushing forward. Summary and Consensus : If tomorrow (12JAN2023) $PWR can confirm a break past 141.68 PL & MACD buyers enter while RSI momentum makes a bullish cross with confirmation on 2hr/4hr chart then $PWR will enter 145 PL zone and hopefully create consolidation to verify new support. With a 1.13 beta rating on Darqube $PWR will flow it's own trend closely and accurately. Current Change = +0.65%
NYSE:PWR
by LeosForexFund
❇️Quanta Services|PWR|swing ↗️ TRADE THE TREND Hello everyone, 🙋🏾 Here again Romluck with a new trading idea, The trading ideas I find are after searching and investing time. Thanks for the like and comment. What Are the "Swings" in Swing Trading⁉️ Swing trading tries to identify entry and exit points into a stock based on its intra-week or intra-month oscillations, between cycles of optimism and pessimism. Quanta Services from the sector Industrials provides specialty contracting services worldwide. The Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power In this case: 📊 🔆The price does rise above the handle, triggering a possible buy near $132.68. 🔅One possible place to put a stop loss is below the handle, marked by the rectangle, near $125.25. 🔆Based on the entry and stop-loss, the estimated risk for the trade is $7.43 per share ($132.68 - $125.25). 🔅If looking for a potential reward that is at least twice the risk, any price above $147.33 ($132.68 + (2 * $7.43) will provide this. ⚠️__🚧___🚧___🚧__🚧___🚧__🚧_🚧__🚧__🚧__🚧__🚧_🚧__🚧__🚧_🚧__🚧_⚠️ There is no recommendation for buying or selling or any action in the stock, I am not an investment advisor and publish this article as a hobby only. Everyone has to perform risk management on their own or contact an investment advisor with a license, I don't have one. Investing in the stock market involves risking your money!⛔️ have fun
NYSE:PWRLong
by ROMLUCK
2
Quanta Services Inc – Reversal is Approaching for 35% Shorting OIf you like this idea, please don’t forget to Boost it. Fundamental Indicators: Sector – Industrials US Business Cycle Stage – late cycle, when this sector is neutral Revenue – consistent growth for the past 5 years, with 12% average annual rate Profits – slight drop in 2022 TTM compared to 2021 Net margin – quite low with 3% P/E – quite high with 45 ratio compared to S&P500 with 21 and Industrials sector with 21 Liabilities - debt ratio is at 0.61 which is within the norm, Net Debt/ EBITDA is 2.87 – no problems with debt Conclusion – consistently performing but a little overpriced hence likely to go into correction Technical Analysis (Elliott Waves): Main scenario of this idea suggests that we are still observing development of the global growth cycle which is currently at the stage of forming corrective wave 4 of higher degree fifth wave (see higher timeframe graph) From the point of 2020 correction which has been shaped as a Running Triangle this company has enjoyed explosive growth with nearly 500% in stock appreciation Looking at the lower timeframe it is clearly identifiable that following contracting triangle between April and July 2022 there is a choppy fifth wave which is likely to be an Ending Diagonal (see guidelines for Ending Diagonals below). Wave A of the fifth in this Ending Diagonal is completed and we can expect wave B and C to finalise it Once it reaches the peak of $148.84, we are likely to see a reversal with mid-term trend towards the level of circa $93 – which may present circa 35% shorting opportunity This is a higher timeframe to reflect the full history of Quanta Services Inc and to provide full wave count: This is the link to the guidelines for Ending Diagonals What do you think about Quanta Services Inc and its short term prospects? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves. And BOOST this idea if you like it. Thanks
NYSE:PWRShort
by vitalalyt
Price Breaking resistance after days of consolidation,***** ^-^Stock price still in consolidation, Price crossed over the 50emv and should be consolidation in the current support and resistance. For confirm position the price should rally the current resistance, 50emv crossover 200emm all together with the price for a confirmation for the execution. mentioned false breakout due to the consolidation period but it may not end up a false break out, if the stock consolidated for a two weeks periods or so on and the price rallied up or down it will be a strong confirmation Further study to be done. Thank you Localogist
NYSE:PWR
by localogist
POWRBTC 20% + 60 + 100% +POWRBTC 20% + 60 + 100% + Good day to all! The market continues to please us. We have a new opportunity to make a purchase at the right time and at a good price. When entering the market, I advise you to have a clear trade plan that will protect your capital and help it to increase. And as always, I advise you to remember about profit taking. After all, only the profit that you recorded can be called a true profit, the rest is only a mirage! Good luck and good trading!
Long
by DorisKat