$EVR 5 month uptrend I like NYSE:EVR 5 month uptrend Mark Minervivi 's criteria I. Spotting maket leader. Strong fundamentals and forecasts.
QGJ trade ideas
EVR - morphing into uptrendGolden crossed on 8 Dec22. However a stock could still be volatile for an average of 2-6 weeks after a Golden Cross has occurred before it began to trend more consistently. About 4 weeks post golden cross now, will this stock be ready to break above 117 soon?
Warning: Earnings is expected on 1st February, there is always risks to trade or hold positions through earnings.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
EVR - broke neckline on strong volumeEVR formed a bearish Head & Shoulders and 1st started to break the neckline on 20 Jan, however it began a strong shortly after that brought it back above to retest the declining 50day Moving Average. The death cross (50 day MA crossing below the 200 day MA) is now apparent, so are lower highs and lower lows. Last Friday's break of the neckline (again) was on very high volume.
Tested some shorts with a tight stop loss just above 130. The theoretical target of this H&S will be aroud 83. However, I would protect profits with trailing stops if trades goes my way.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.
Long Trade on EVR - Base BreakoutEVR is breaking out of a large base. Pullbacks have gotten shallow on a decrease in volume, and we now have a low-risk entry point to buy.
I got long this morning at 141.50 when the stock took out last week's highs, and my stop is at 133.45.
EVR is currently trading within 50 cents of my buy point.
About to break outGreat company with great financials.
In their last SEC filling, they increased their holdings by 1,601%, one of the largest institutional increases this quarter.
I believe the upcoming Earning's report will pop their stock price.
1 target: $144.4
2 target: $169.5
Good upside potential with easily manageable stop loss.
For self-education use only. Not financial advice.
DEMAND- Fin Srvs, esp. Merger, Acquis, Divest, Buyouts, RestrustIf you believe that 40-50% of businesses will close (forever) during 2021, then a company like Evercore will probably be crazy busy!! Retrace to $91-ish? Thoughts?
From Yahoo Finance - "....The Investment Banking segment offers advisory services on mergers, acquisitions, divestitures, leveraged buyouts, restructurings, shareholder activism and defense, and related corporate finance matters; and services related to securities underwriting, private placement services, and commissions for agency-based equity trading services and equity research. This segment also provides restructuring advice to companies in financial transition, as well as to creditors, shareholders, and potential acquirers; and macroeconomic, policy, and fundamental equity research and agency-based equity securities trading for institutional investors."
$EVR potential break-out to target $117-118Waiting for confirmation of the breakout
Pass the monthly resistance @ $99.5 opens the road to 110 and 118 targets
This will take the stock to P/E 20-21 with overall good fundamentals and growth potential + 2.5% div
Good value/growth option - rare in the market nowadays
$EVR bullish fundamentals with bearish technicalsWaiting for break-out to enter long in this fundamentally strong stock
+ Lowest PE among peers, LT debt/equity, Cur.ratio and others are top vs. peers
+ Upward trend channel since Covid crash
+ Surging retailer investors fueling revenues and margins
- Negative divergence with rising wedge pattern
- Overbought market environment
Any additional thoughts?
For discussion purposes only, not a recommendation
Long Evercore Inc. Fundamentals looks good + QuantitativeCyclically adjusted earnings yield:
5.5%
Dividend yield:
2.6%
Cash flow yield from operations:
48%
Cash flow yield TTM:
12%
Growth yield:
52%
Return on net tangible assets:
22%
Return on invested capital:
18%
Growth of revenue:
20%
Bank vs. Cryptocurrency #18 (EVR)This stock chart work well for explain how is my judgment at the moment of pick a stock:
Part 1
Judge the trend (Red Arrows) from 2012-12-24 to 2014-03-31
For this I used the (weighted moving averages Red 36 Blue 54 Green 74)
I use a triple moving average but I dot not follow signals like a triple crossover
I interpret the moving averages based in qualities (discretionary) and I make a personal opinion based on the shape of the moving averages
and not in a triple crossover or some other mechanical system
My dynamic support zone is between the red moving average and the blue.
Part 2
Support and Resistance
With this stock chart is easy to recognize resistance levels
When I publish ideas always use the same set up and if you are reader you can look that my ideas look similar but the stock symbol is always different
Because I always work with the same principle of Support and Resistance, breakouts and price pullbacks
Now the present: this stock is trading above 2008 highs, then look to the now some months ago the price breakout a resistance level around 82.30 and there are a pullback in progress, is a good opportunity to entry in this trend
Broken Inverse Head and Shoulders Pattern EVREVR broke neckline of inverse head and shoulders pattern this morning. Profit goal 82.16 and stop loss at 76.25 NYSE:EVR
