MIDD 3h wolfe wave bullishA Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.Longby defiantroaUpdated 111
MIDDLEBY CORP Analysis DailyHey guys, MIDDLEBY CORP is in a bullish push with low purchase volume made and a hammer candle shape. In TIMEFRAME M1 we see a dash with a return of traded buy volume, it goes to the top of the consolidation zone to test it. Great possibility of breaking out the price at the same time the zone then the bollinger to reach the second and finish on the next high. Before making a new historical high. Not too much buying force at this time to test half of the ANDREWS PITCHFORK median. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd0
BREAKOUT CUP WITH HANDLE AND HIGH VOLUM BUY MIDD ABOUT 122$Commercial equipment manufacturer Middleby (NASDAQ:MIDD) may not be the most logical investment in the middle of a pandemic that has closed restaurants around the nation -- but it's working out pretty well for investors today. Middleby shares are up a strong 16.3% at 3:40 p.m. EST after the company reported an earnings beat in the morning. Instead of the $1.04 per share that analysts had predicted, Middleby reported profits of $1.10 per share. And instead of analysts' forecast of $601.2 million in sales, Middleby made $634.5 million. 1% CAPITALLongby Benji-131
Middleby Corp (MIDD - US) - ABC wave patternMiddleby Corp (MIDD - US) is in ABC pattern with C wave elongated. It completed wave 4 in complex correction. 5th wave is started moving down with relative high volume. Shortby EWFcw3
MIDDLEBY $MIDDOn monthly; It is below 200SMA and struggling to back above it. On daily; It is forming a cup and $41.73 is a critical support.Shortby TheBullseye5
Could the Middleby Corporation go lower following Double Top?Over the next weeks or months I predict the price of Middleby (MIDD) could drop lower, following the confirmation of a possible double top or triple top pattern. Target: 96 Stop: 120 Like the idea if you agree and let me know what you think in the comments.Shortby James_Winsoar0