$VRT Good stock to buy with minimal riskStock is bouncing off of major moving averages. If you buy here put stop below $35 NYSE:VRT
49V trade ideas
2023 True Market Leader - Does it has more potential? VRT has been up more than 200% since late April 2023 bottom, demonstrating key true market leader characteristics in terms of price advance, volume profile and fundamentals.
Look at how well and orderly price was following along the 8 EMA and later 21 EMA since the break-out from a large 195 days base (with two unfilled gaps first in Apr and in later in May).
On the fundamental side, one my notice:
Exceptional relative strength to the SNP500;
Top EPS and IBD Composite Index;
Triple digit growth in analyst estimates for EPS for 23 and double digits for 24;
Jaw-dropping triple digits earnings growth for 3 qrt in a raw;
Continues double digits sales growth;
Improving ROE;
And doubling amount of institutional sponsorship by Sep23;
Management owns 10%
I don't have reliable ElliotWave pattern on VRT, but from the market symmetry concept, I see the next important macro resistance zone at 47-51 area, where 47 is the 100% extension of the move from the bottom of 2020 to the top of 2021.
The history of true market leaders teaches us, that the stocks the doubles and triples have a higher historical odds of doing it again in the next bull-cycle.
It this correction in the indexes is over and the general market has a plan to continue its advance in Q4, my thesis is that VRT shall continue being the top choice for the growth investors and trader.
Trading parameters:
actionable if price breaks out the 39 pivot with volume. Short-mid term long thesis is wrong bellow 36 and fully invalidated bellow 35 areas.
VRT: Bullish Pennant, Confirmed (69,24%)(30/1000)(29/1000)
Bullish Pennant pattern on the weekly for VRT. Confirmed
69.24% possible gains.
VRT is part of the S&P industrial sector which is currently building a huge ascending triangle. Not confirmed yet though.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0 and climbing
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in blue
8- Descending volume during pennant forming
9- Volume during post forming
10- ATR ascending, more volatile
Cons:
1- No volume increase at break out
Target price is 58,02$
Stay humble, have fun, make money!
MAAX
Will it come back?I'm holding this industrial stock in my long term portfolio. Looks that is going to break up the triangle. First target would be at $15.6 but I'm holding this one for the months even years to come. I thing it has great potential to the upside.
VERTIV HOLDINGS CO OfferHey guys, VERTIV HOLDINGS CO is in a fake bearish push with a strong sell volume issued and a kind of upside down hammer candle. On the TIMEFRAME M1 we see a hammer candle with a fake sales volume it will go towards its last lowest. Who is outside the stabilization zone make their trend reversal to come back to test the base. Then the VWAP and access the top of a compression zone in order to go to the top of the zone to check it.
Great possibility of breaking out the price with the return of purchase volume at the same time the zone to arrive in another and to climb on the next high. Before the breakout of a stabilization zone to reach the top of the bullish channel and the symbolic number of 22.00 is required.
Please LIKE & FOLLOW, thank you!
VRT breaking out - Peaking it’s head above 20!Vertiv is a mission-critical supplier of infrastructure for data centers, communications networks & integrated rack systems, modular solutions serving: e-commerce, online banking, file sharing, video on-demand, energy storage, wireless communications, and most interesting to me and defining of their future is their Internet of Things, and online gaming segments.
They just hit a new ATH on Jan 20th, slight pull back followed by support, forming what appears to be a cup & handle.
They beat earnings last call and are poised to do it again Feb 24th.
They received 1.7 million from US Gov last year and are off to half that amount already granted by US Gov for the year 2021; this amount will likely increase as progress is made and more awards are received based on good merits.
Vertiv is likely to benefit from the Cyber Defense Funding Biden has set aside.
This stock is a steal at these prices.
3/19 $22.50C buy under .75 expect a pop on earnings PT $27.25 should set SL $1.5 take profits above 2.5
$VRT #Breakout SetupNice little cup and handle after a big rally. Breakout will send the stock to new all time highs.
VRT CUP WITH HANDLENYSE:VRT
VRT formed a cup with handle formation and has a nice trading pattern. Keep a 5.5% stop loss and looking for a 15% upside. Price targets look at this to be 22 level.
VRT - Elliottwave analysis - 5th wave up VRT - It seems the 1st subwave of 5th wave up about to finish and will start 2nd subwave correction. so wait for 2nd wave to correct up to 18-17.40 for buy set up for next wave up, which will go above 19.50 or higher as the part of 5th wave up in 4 hr time frame.
Give thumbs up if you really like the trade idea.
VRT - Elliottwave analysis - 5th wave upVRT - From major bottom it seems in strong up trend and looks like in 5th wave. Buy at current level until the price stays above the gap with stop level below 17.07 for target above 19.50 level.
Give thumbs up if you really like the trade idea.
could go either way here imolong over 19.5 short on a break of the bottom trendline! goodluck. leave a like you found this helpful! thanks <3
VRT: Double TopDouble Top
Pros:
Descending Volume
Cons:
Very low R/R ratio, under 3
PPS above 50MA and 200MA
200MA ascending
250RSI above 50
RS above 0
If confirmed:
PT1 = 15,04
PT2 = 14,31
PT3 = 13,78
Bonus PT4 = 13,47
