4EMR trade ideas
Emerson breaking a rangeI have been long on Emerson over the last weeks. Finally I see that the price is breaking an important resistance line. Let's see if it can make it this time.
S&P 500 Dividend Aristocrats Weekly Chart: (EMR)Long Term Trend Following. Likely a decent long in a couple weeks.
Possible swing on EMRThis looks like it has lots of potential. I'm hoping for a small pullback tomorrow based on how the market acts.
EMERSONI like the bullish rice structure of EMR. The pullback to the resistance line nw support may trigger a long position.
Strong Long EMRLong EMR. 9, 20 & 50 MA support, flag, nice volume morning star-ish pattern. Risking 2%, Twice my usual risk rule.
SHORT EMR WITH NICE SIGNALSNICE KICKER SIGNAL + NICE HEAD & SHOULDERS + HIDDEN RESISTANCE + RSI READING CONFIRMED + STOCH K/D CROSSOVER... DO YOU LIKE IT?
ENTER 62.66
STOP 64.52
TARGET 37.31
EMR SHORT Hey there!
Generally speaking, I'm testing my new trading system.
IMHO, it is a great experience to write down all your trades, as it is much easier to analyze them later.
Thus, I'm publishing my ideas here. It will be also great if some of my trades will help all of us to get some profits)
I'm also attaching my risk calculations.
Normally, my risk per trade is 3.5% per trade.
It is much easier for me to trade when I understand what is my risk per position.
P.S. Target area is changing depending on entries (as you could notice I use multiple entries). I'm going to update all the data inculding targets as long as the trade remains opened.
Cheerz!
EMR - Emerson TB Short TradeThis is a TB-Short Trade i take often when they show up.
Let's see if we come into this one...
P!
911 CALL FOR EMR TO re·sus·ci·tate SHORTS WILL BE NEEDEDOn Dec 23, 1 investor bought 24k (thats 2.5 million dollars), feb 50 , calls, this has gone down about .40 since, not to be taken lightly. This is very, very unusual volume for EMR call, This might be a strong sign of something coming, of news coming on Feb 2, when EMR reports earnings. Nothing was bought to cover this bet. on Jan 6 another 24,332 feb 50's calls were traded and 24,222 feb 48 calls were bought. That adds up to big money 3.8 million naked calls TODAY. Lots of big bets on this one. EMR is rumored to announce a spin off unleashing a tremendous amount of earnings. Issue will go to at least 50 someone is betting it will go to 55.
EMR - decent shortPullback
Status: short
Cost basis: 64.32
Stop: 66
First price target: 63
Technicals:
Horizontal S&R: yes
Channel S&R: yes
MA S&R: yes
Pearson's R >= 85: yes
Price within Fib Ret..62: yes
Stochastic turn/crossover above 80%: yes
AO pullback >0<1.38: yes
Fundamentals:
Next Earnings date: 11/3
IBD EPS Rating: 65
IBD SMR Rating: B
13F shares % change: -.44%
competitors: ph + abb + ge
