INTU - inside daily candle - 11/17/2020set you alerts at Today's high/low. if it breaks with volume , expect it to continue on to the target set on that side of the break
#INTU $INTU
4INTU trade ideas
INTU Bullish SwingINTU is showing buy signals in the candles and in the oscillators. This stock is reliably bullish for many years, and is in the S&P500. Tradingview is giving INTU a "strong buy" signal.
We entered callsEntered 365c on INTU on Friday, some profits already taken. A nice setup headed into ER
INTU - keep an eye on the continuationINTU closed the day Friday just above Thursday's high. Technically this means we should remain in pursuit of my upper target. Will be keeping an eye on this one tomorrow.
#INTU $INTU
Intuit to release earnings on 11/19INTU has earnings on 11/19. Based on the 10% run-up to last quarters earnings, could be a nice 4-day trade here. Or build enough cushion to take a quarter or half-size position into earnings. Would not hold a full position through earnings without a 15% cushion.
10.53% stop based on an 10d ATR stop (x2.7). Or use the low of last Tuesday which is at the bottom of a support area.
Buy Point: 360.00
Stop Loss: 10.53% (322.09)
Position Size: R9.49
Alternative:
Buy Point: 360.00
Stop Loss: 4.93% (339.35)
Position Size: R20.28
INTU - inside daily candle - 11/11/2020set you alerts at today's high/low. if it breaks with volume , expect it to continue on the my targets on that side of the break.
#INTU $INTU
INTUi think this is a safe buy on the dip, decent big money interest, i think it would take a while to go back to all time highs, but i think back to 330 within a month is reasonable if the market cooperates.
INTU Retest w/failureINTU has previously broken its support at the $313 level. It then went back to retest that same level, followed by a failure back beneath it. This tells me that it was a failed retest and more downside will continue to the 290-295 range.
INTU - 7.09% Potential Profit - Ascending TriangleAscending Triangle broken out after a 6-month modest bull run.
- Target Entry $319.01
- Target Stop Loss $313.83
- Target Exit $339.72
About me
- August P/L: +203.83% | Wins 85.19% | No Trades without Analysis
- 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.
C&H Ascending Triangle Earnings 8-25 AMCEarnings 8-25 AMC
No rising wedges noted! Very bullish chart but always risky to buy before earnings. Short interest s low
Not a recommendation
INTU 60-Min Chart Bullish MomentumINTU at a buy-able pull back on 60-min chart. I am hoping for buying to pick up today. I like the daily chart too.
INTU Rebound WaveINTU has recently formed a higher low, followed by an uptrend to a higher high into resistance around the $311 range. This is a correction wave in the chart.
INTU - Uptrend + Bullish Hammer at value zoneI. Analysis
1. Clear and strong uptrend and evidenced by series of hh/hl + 20MA - look for long entries
2. 20MA working as a support area
3. Strong hammer just formed and glued to the 20MA
We are trading with the trend, from a value area and with a clean entry trigger.
II. Trade
1. Enter next candle
2. SL 1 ATR below 20 MA/ current pinbar
3. TP when price crosses and holds below 20MA
Note: Manage tightly because there is a relevant resistance level as displayed in the chart, potentially posing an obstacle to the development of the trend.
Plsd to hear yr comments.
Cheers
Ruben
Big Potential That INTUIT Will Go UpHey traders, INTUIT is downtrend due to sellers. strong probability that buyers will reject this market ...
Please LIKE & FOLLOW, thank you!
INTU 05/22 $305/307.5 Call Credit SpreadINTU:
CCI: Way overbought
MACD: About to Flip
Earnings: 05/21, performed well, but unsure of how far it will rise
INTU STRUCTURE KEY LEVEL ANALYSIS| SHORT BIASINTU chart has reached a key structure zone on the daily chart. It was climbing in the uptrend since the selloff and did more than 50% retracement.
I am bearish for the following reasons:
1- high S&P500 correlation. All major stocks are now trading more or less with the market, and I am bearish on SPY on the fundamental basis.
2-The structure level is strong and pronounced. I bet the longs that were there from the bottom/that are left will start closing should the stock break the uptrend support, which I think will happen. The short sellers are already here.
And yes yes, I know, don't trade against the FED, and that is true, but the market is too high anyway.
3-the reasonable continuation of the wave behavior pattern.
That is it for now. Subscribe for updates and more analysis! Like, to help the idea get to the top and support the channel.
Wish you all luck in your trading.
Why I'm Betting Long on Intuit and SalesforceFirst off, please don't take what I say seriously, this is on opinion basis, and I may have a conflict of interest. That being said, let us get to my thoughts. Both stocks are in the same CRM and cloud computing industry categories, and both had very similar growth correlations and periods. I believe as a long hold, both stocks are still continuing to meet many market expectations, and aren't high risk companies to invest in. You could see by my chart, I have set positive targets for both.
