NTR waiting for confirmation to break above$NTR has been consolidating following its cup and handle. Waiting for confirmation of breakout above resistance
NTR/N trade ideas
$NTR Trading the channel and bullish confluenceMy largest swing following the whale buyer of 23,400 JUN 17 $80 calls on 11/18.
Love this set up.
Fundamentally - great ER beat and raise in guidance, with various BUY analyst ratings and PT $75-80. I'm bullish agriculture and fertilizer market goes hand in hand.
Technically - Moving through the upward channel, post ER algo push down, accumulation with great buy volume (usually an indication a future move to the upside will occur) on the 50EMA. MACD cross, bullish divergence on RSI and QQE momo turning to buy.
Wouldn't be surprised one more shakeout / break lower (I will add to the position) before she rips.
Noting nothing is ever certain in trading but this is a juicy swing set up with good bullish confluence I like the R/R a lot here.
$NTR Taking profitsGreat box breakout , taking profits here. Possible re entry after RSI comes down a bit. Great trade !
$NTR Box BreakoutNTR Nutrien Ltd. box breakout. Blue skies it's time to buy
I like this idea, because it already broke out then retested , followed by strong confirmation today.
$64 stop less set. NOV / DEC 70C also as an idea.
$NTR BO PB SetupNutrien is setting up a breakout/pullback setup. Notice how the stock broke out on high volume and now pulling back to test breakout support on much lighter volume.
Also, the stock is trading in ATH territories after holding above the 2018 level (Green line on the chart).
$NTR On Balance Volume indicator is one of the very very few technical indicators that I plot on my charts. In my experience, it is an excellent tool to help you gauge accumulation & distribution in a stock. For BO setups, OBV breakout before price is an indication of institutions accumulating shares. You want to focus on BO setups that has OBV trending higher or already breaking out ahead of price. That is an indication of a healthy volume pattern.
Nutrien Ltd (NTR)- MANUFACTURES FERTILIZERS AND RELATED INDUSTRIAL AND FEED PRODUCTS IN THE U.S., CANADA/TRINIDAD.
NTR - 7.85% Profit Potential - Ascending TriangleNTR is a fairly volatile stock. Keep this in mind when you trade it. The risk can be higher.
While an Ascending Triangle has clearly formed, the price hasn't confirmed the support line yet. However, the risk exposure is minimal and it might be worth a shot.
- Target Entry: $59.11
- Target Stop Loss: $58.18
- Target Exit: $63.66
- Risk / Reward Ratio: 4.89
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
$NTR - going for it....but maybe not todayAccording to my screener, and historical profiling, and tracking past 8 Friday's performance, and listening to people smarter than me....
And the seasonality for this ticker
There is a large bet for puts that expire 4/16 at $54 strike.
Could this boom today then pull back?
There are larger bets for calls for this to hit $55 or $65 in June
Based on today's action, I will grab call options for the volatility next week and the potential for nice gains in June.
$NTR - golden crossout of 23 golden crosses that I am monitoring, this is another for which I hold call options
$NIO $NTX BREAKDOWN! **REQUEST**Requested video breakdown of $NIO and $NTX Will $NIO rebound from here?! Looks good!
NUTRIEN Analisys DailyHey guys, NUTRIEN is in a fake bearish movement large volume buying we can see an abortive attempt by sellers. But despite this, we are still asking for a high probability of crossing the bullish gap to reach the next higher. Which is at the limit of fibonacci and due to the high volume, it can break with force and start falling again.
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007. PIGGISH PLAY - Short Nutrien (NTR)Nutrien? What in the devil is Nutrien?
Well, I'll tell you what it isn't - 1) a good name for a company 2) a profitable company 3) a stock chart with room for interpretation and 4) in massive trouble come Monday.
Nutrien is one of the few agricultural chemical companies that have a high enough price to short using Put options. Now that is pathetic. Even better, NTR (can't say the full name anymore without laughing), is so primed for a move down that I almost feel weird for painting the chart with technical analysis to support the trade idea.
The market will very likely continue downward on Monday or at the very least will be battling sideways. A purely green day seems out of the question unless something miraculous happens between now and Sunday evening. Still, even a green Monday wouldn't prevent me from shorting this nutrient-deficient excuse for a nutrient company.
This play is a quick flip for me, because I will be using short term puts expiring July 2nd with a strike of 31.00 dollars and do not plan on hedging with stock or offsetting calls above 33.00 dollars. The trade is simple enough - if it gaps down to ~30.50 Monday pre-market, watch how it behaves around the critical area. If it struggles to bounce initially, then we are headed for the land of honey down south without much issue. You can pretty much go ahead and enter the short (don't care how you do it) as soon as the line breaks for the first time.
If it is the case that there is simply no volume pre-market, then it is best to short it on the open above 32.94. But, be careful - do not enter an uncovered short position if your timing is even slightly off. The chart is oriented in such a way where you can get pretty screwed without a strict limit order in place before the open. If you miss the optimal entry, simply wait for the 30.50 area to break. The last thing you want it is to end up chasing this slightly and getting caught in a sideways channel as a result of a lack of short interest.
But that's basically it as far as challenges here. Catch the entry and sell 3/4s for a healthy profit. Then, I don't see why you can't just leave the last quarter position alone to freefall and focus on other plays without concern over a loss.
If the market's a bear, I won't fight it. Rather, I will roll the profits from this trade into a discounted long from some other prior piggish play.
Good luck and please refrain from using this company's full name out loud. It's embarrassing.
-The Pig's Pig
NYSE:NTR TSX:NTR SPCFD:SPX
Nutrien is looking strong - fertilizer stock with great dividendIn February I suggested fertilizer stocks looked great, after a tough 2019 growing season. After hitting lows of around $28, Nutrien has been on a tear. The dividend is still 5.5% and company is well positioned to benefit from a stronger planting season in 2020.
Fertilizer Stocks look ready to bottom and Nutrien best pick.The promise of better weather this growing season (Farmer's Almanac) than terrible 2019, Locusts in Africa destroying crops and possible higher demand in China for agricultural products should improve sales for nutrients. Canada has the 2nd largest reserves of Potash in the world, and is the leader in terms of global production. One advantage for the price of potassium chloride is the fact that more than one producer has curtailed production of late. Low natural gas prices an advantage for Nutrien in Canada when it comes to Nitrogen fertilizer. They also have large retail network worldwide. At a P/E of 16X trailing earnings, a 4% dividend yield and substantial free cash flow, the stock seems good value here.
Wedge within a channel within a wedgeThis is in interesting structure as we can see that it is in a large wedge that started since july and within that wedge there is a channel created since mid September.
On the daily there is bulish divergence on the RSI,MACD, William r% and OBV RSI
www.tradingview.comIf we zoom in on the hourly we see that this falling wedge is about to mature and it is starting to bullishly diverge on the MACD and RSI. Moreover the apex is sitting on the support of the larger wedge.
This could potentially create enough pressure to break out of the larger wedge and channel, but I would consider that a low probabilit play as the height of the wedge is too small.
This is a +3% play that will likely take 1-2 days to mature.
If this wedge continues to mature to the earnings date this stock may blow up
NTR, Mother Nature Vs. PotashTSX:NTR
Weekly
Rough 2019 for Potash and hence Nutrien
Downtrend in RSI & Price for most of 2019 and touching support
****
Nutrien's 2020 guidance is positive, but I am skeptical because....
Unpredictable weather is starting to become common and in 2019 it was
For example, corn farmers in the US farm belt received so much rain, it greatly affected their yield
USA - China trade war (might be resolved soon, maybe)
China building up inventory supply at tide water to get more leverage in contract negotiation
Potash Production Tax Credit cut in 2019 by the Saskatchewan government
****
However, in the medium to long term people need to eat and with millions of people being lifted out of poverty and into better circumstances, demand for potash will be there
Will be adding on further weakness
NTR - DAILY CHARTHi, today we are going to talk about Potash Corporation and its current landscape.
We can expect an increase in volatility and speculation around the Canadian fertilizer company Nutrien. Since, Corn and Soybeans could (or not) give a sweet surprise for investors and U.S farmers as the Corn Belt it's poised to once more fall on Donald Trump grace, after a tough year for farmers, that already it's been hurt by the ongoing Trade War between U.S and China, and felt backstabbed by the government since the negligence of the government in obligate smaller oil refineries to respect the requiring quota of biofuel use, which resulted in a restrained demand growth and a squeezing of prices.
Now, after the walk through the darkest valley, U.S farmers start to once more see the light as Trump, seeking to regain their trust and votes from the region that back in 2016 supported him to the most. The President has been using the so-called "phase one" of this attempt of Trade Deal to force China to buy $50 billion of their agricultural goods, Trump it's wanting so badly to reclaim its title of champion of the farmers that it's pushing to the signature of the deal, to be on the farmer state of Iowa. The only thing in the way is to the deal be concretized, which might just get a bit harder as Trump has signed Hong Kong Human Rights and Democracy Act of 2019, giving support to Hong Kong protesters, and most possible dragging China ire towards the U.S considering the sensibility of China regarding its internal affairs.
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