0JCT trade ideas
INTU holding its 200dmaINTU has a strong history of growing dividends since 2011. This pullback, with the market, is still holding its 200dma. The long-term uptrend is still intact.
Disclosure: long INTU
INTU Short Setup PossiblePossible breakdown on INTU if SPY continues its downtrend. May fall below neckline and if the bounce back is weak there is a good short setup.
Intuit Inc - LongStrong upward trend with high momentum.
Price is consolitating, however, buyers seem to be strong (i.a. recent downward candlestick has deep lower shadow). Therefore speculating on upward break with strong momentum.
If price does come back to 119.50 a long position will be taken.
INTU – LIKELY TO HIT FRESH HIGHThe “Bullish Harami Cross” implies that the buyers are in control, Stock is trading firmly above the 20-day and 40-day MA lines, A buy signal appears in the MACD indicator, Potential uptrend above the 50 pts on the 14-day RSI indicator: Price may break above the USD220.
INTU Ascending Triangle + New CEO- Days ago Intuit has a new CEO and weathered a significant org change without the stock taking a hit
- Resistance ~$217
- Break above resistance could push the stock into new highs
INTU Detected possible increase in guidance!!!INTU: intuit inc
2018-04-25 16:00:01
Detected possible increase in guidance
TP 126$? Let`s see if we can catch the Breakout.
As always i have illustrated three different entries:
The "errly bird: Is an entry for a very shortterm trader and risk lover. It`s not a real technical signal, but can be seen as the first impulse.
The "mormal": Here are based significant highs which can be seen as a nice support if we break through this level...here the crr also is nice
The BO: my favourite BO-Szenario..Procyclical brea of the last significant Top in trend direction
Best regards Mary
INTU looking good!This company has gotten a few bad reviews the last couple days. I love to buy when a company is down. We have a chance to go lower maybe the 106.5 range will be the support and I will buy more if it dips lower. The 102/103 range is the danger zone and I would cut my losses at that point. I think we will be heading higher in the coming days.
INTUINTU is developing a bullish hammer on strong horizontal support materializing the pullback hypothesis we discussed some days ago. It may be the start of a new long impulse. I have a long position.
INTUI already open some long positions at $110.5. I will wait for some more pullback if any to open the rest of the position.
