INTU Ascending Triangle + New CEO- Days ago Intuit has a new CEO and weathered a significant org change without the stock taking a hit
- Resistance ~$217
- Break above resistance could push the stock into new highs
INTU34 trade ideas
INTU Detected possible increase in guidance!!!INTU: intuit inc
2018-04-25 16:00:01
Detected possible increase in guidance
TP 126$? Let`s see if we can catch the Breakout.
As always i have illustrated three different entries:
The "errly bird: Is an entry for a very shortterm trader and risk lover. It`s not a real technical signal, but can be seen as the first impulse.
The "mormal": Here are based significant highs which can be seen as a nice support if we break through this level...here the crr also is nice
The BO: my favourite BO-Szenario..Procyclical brea of the last significant Top in trend direction
Best regards Mary
INTU looking good!This company has gotten a few bad reviews the last couple days. I love to buy when a company is down. We have a chance to go lower maybe the 106.5 range will be the support and I will buy more if it dips lower. The 102/103 range is the danger zone and I would cut my losses at that point. I think we will be heading higher in the coming days.
INTUINTU is developing a bullish hammer on strong horizontal support materializing the pullback hypothesis we discussed some days ago. It may be the start of a new long impulse. I have a long position.
INTUI already open some long positions at $110.5. I will wait for some more pullback if any to open the rest of the position.
INTUThe correction has been channelized as shown on the 1H chart. I am still waiting for INTU to hit the $110 to go long.
INTUIT: Longterm Buying-Signal?This week, Intuit made a big move and bombed away the resistance Level at 108$.
Trading above that Level is strong bullish.
INTUITDouble bottom confirmed on important medium term trailing support line. My short term target for a long position is around $106. Aggressive stop loss below $96.85.
