I don't normally play high and tight flags in a general bear market, but industrials have been strong since last year, and this company just is kicking butt. Encore wire scores an A) in cash flow, growth, price momentum, and profit health, and a B) in relative value. According to Finbox models, this stock has an upside of 37.3%. And zero debt. Wire and cable....
Half size position taken on the 11/10 breakout with a stop below the day's low. Closed early as the breakout came back in on overall market weakness. Did not want it to gap against me the following day. Looking to potentially rebuy. Company is showing absolutely elite levels of growth currently & should be boosted by the infrastructure bill.
Sniper Entry Comming 😇😇😇😊 Due to the Previous analysis of GBPUSD that expecting to go long after the hidden gap filed and restest of the Range Resistance which becoming support which is approaching today as I analyzed! The News of US inflation Helps the pair to complete its correction. The Monthly, weekly, daily, and H4 market structure is Bullish of the RSi and...
As seen on the Chart of GBPUSD, yesterday GBP strength was quite strong yesterday on all GBP pairs. As we can see the market has Ranging for a long time which breakout and tested the weekly supply zone.HNS pattern given on H4 Time frame, I'm expecting to go long after the hidden gap filed and restest of the Range Resistance which becoming support and combined...
Hi guys! 👋🏻 🔔 The Pound looks strong and is looking to break the resistance and climb higher, though there are resistances and patterns that signal a correction. 🔔 First and the foremost is the dynamic resistance (upper threshold of the ascending channel) on a 4H chart. The pair penetrated the resistance and was sent back yesterday. The pattern on the same 4H is...
Hello everyone! GBPUSD is testing a dynamic resistance and couldn't get enough power to break it and proceed forward, hence I'm expecting a correction here. Best of luck to all of you!