MACD Buy. Retest support. TP next resistance1. MACD Buy. 2. Retest support. 3. TP next resistanceLongby hasnolUpdated 0
ITT INC Course DailyHey people, ITT INC is in a bullish combination with a return of buying volume traded in a hammer candle. By zooming in on the TIMEFRAME M1 we can notice a dash with a low volume of purchase traded it goes towards the top of the range (rectangle) for a retest. It is very plausible to breakout the price with the momentum and then at the same time the zone to access another and get on the coming high. With a new check of the bollinger high counting a test the bullish channel to rebound on its support to cash the execution in order to retest the second resistance of the bullish channel. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd1
$ITT 5 Month #CupandHandle #ChartPattern SetupNYSE:ITT is forming a cup and handle chart pattern with a well defined resistance area around $65. That price level has been tested over 6 times including in today's session. A daily close above that resistance chart pattern boundary will trigger a long swing trade. Chart pattern price target is around $77 but profits (or partial profits) should be taken around $75 which is the stock previous ATH.Longby TaPlot3
$ITT Forming 3+ Month #AscendingTriangle #ChartPatternStrong daily bar close above $65 will confirm the pattern breakout. Logical price target is around previous all time highs of $75.Longby TaPlotUpdated 4
ITT inc PRICE TARGET 20% HIGHER AVERAGE ANALYSTS PRICE TARGET $68 AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT P/R RATIO 18 SHORT INTEREST 3% Longby RedHotStocks20
Cup SetupLong Stop-Limit 43.06, Stop 40.1, Target 51.40, R/R = 2.82, Move to B/E at 46.25Longby mtsportUpdated 2
ITT potential bullish turning point off structure support Key points; 1) Price is currently at validated structure support (old resistance) 2) Price is at a potential up-trending support level 3) Last low was higher than the previous low even on a down market day 4) MACD level is at a similar level to previous lows made in price (illustrated by the vertical blue lines) 5) Price has also bounced off its lower bollinger band As always DYORLongby ITM.Trading0
ITTWell, we have a bearish divergence in the RSI. But we managed to retrace ito the pitchfork. So I suppose that we can test at least the falling trendline again if not even the rising green fork line.Longby motleifaul0