ITU trade ideas
$INTU with a bullish outlook following its earning release The PEAD projected a bullish outlook for $INTU after a negative under reaction following its earning release, placing the stock in Drift D
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$INTU - on the watchlist$INTU has some good signs and some not so good signs. It's on the watch list for sure
They crushed earnings , more so recently than the last time. Could make a move.
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
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
