10 years support Price reached again the long term support trendline (blu) and is now ready to move to the purple resistance at 200$
Good entry point for a mid range trade
ZOE trade ideas
Zoetis | ZTS | Long at $156.94Zoetis NYSE:ZTS , the largest global animal health company, generated more than $9 billion in revenue in 2024 and earnings have grown 9.3% per year over the past 5 years. Free cash flow for FY2024 was over $2.2 billion. Dividend consistently raised every year for the past for years (currently 1.28%). The growth of the company isn't expected to slow any time soon, and I believe the animal health care market will grow right alongside the human health care market - if not potentially faster (people love their pets).
Thus, at $156.94, NYSE:ZTS is in a personal buy zone. There may be some near-term risk with the potential for a daily price-gap close near $136.00, but I personally view that as an even better buy opportunity (unless fundamentals change).
Targets
$170.00
$180.00
$200.00
ZTS potential Buy setupReasons for bullish bias:
- Simple DOW theory
- SL below HL
- No divergence
Here are the recommended trading levels:
Entry Level(CMP): 183.50
Stop Loss Level: 165.99
Take Profit Level 1: 198.30
Take Profit Level 2: Open
Zoetis - Increased Probability of ValuationAlignment and compression of Fibo Clouds increase the possibility of smoke candles escaping from targets
First target reached with execution of partial result and immediate increase of stop loss for entry position, reduces risk and authorizes search for final target
ZTS potential Buy setupReasons for bullish bias:
- Price gave resistance breakout
- XABCD pattern
- Bullish divergence
- Positive Earnings
Here are the recommended trading levels:
Entry Level(CMP): 167.48
Stop Loss Level: 143.85
Take Profit Level 1: 176.88
Take Profit Level 2: 191.45
Take Profit Level 3: Open
Ready for new uptrendPrice almost reached bottom of channel up, 4 or 5 dollar to drop more before is ready to start a new uptrend
ZTS Potential Buy SetupReasons for bullish bias:
- Price forming a bull flag
- Entry at breakout of pole (Safe entry for further confirmation)
- TP till projection
Entry Level(Buy stop): 202.04
Stop Loss Level: 184.81
Take Profit Level 1: 219.27
Take Profit Level 2: 242.16
Long-term position in Zoetis Inc $ZTSLast Monday, I have entered into a long-term position in Zoetis Inc NYSE:ZTS
Timeframe: M
SL: ~$159
Target: $300
ZTS testing key channel supportZoetis Inc. (ZTS) presently testing key channel support, able to absorb weekly selling pressures.
From here, (ZTS) can rotate higher to channel resistance, eliciting gains of 20% over the following 3 - 5 months.
Inversely, closing below channel support would indicate a sell signal where losses of 10% would be expected over the following 2 - 3 months, where (ZTS) can bottom out on a monthly basis.
$ZTS with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:ZTS after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
ZTS - Inverted H&S Reversal StructureShort term bearish action is going to see a reversal due to the presence of this H&S structure on the 4Hr chart for ZTS.
This is a perfect inverted H&S structure and we are yet to see the bullish right shoulder results.
LONG ZTSAm long and very bullish for upcoming earnings.
Looking for a minor pullback long either way.
$ZTS - bullish breakoutAfter reclaiming the KMAs on weekly timeframe, NYSE:ZTS consolidated and now breaking out on high volume after positive earnings reaction last week.
$ZTS with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for $ZTS after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
$ZTS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ZTS after a Negative Under reaction following its earnings release placing the stock in drift D.
$ZTS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ZTS after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 33.33%.
ZTS - Major Trend Line BrokenZTS has formed a nice upward trend line that was quite strong for a long time, however those times are over, as price has strongly broken this trend line
Only a few periods in the past are comparable to the current state
It is not something I would long based on TA
$ZTS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ZTS after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 20%.
22/4/2022 NYSE ZTSDesicion to Short. Entry Price = $183.50. Target Price=$180.50. Stop Price=$186.50.
$ZTS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ZTS after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 25%
$ZTS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ZTS after a Positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
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