EXPD-1.6*PWR $PWR (Quanta Services) vs. $EXPD (Expeditors Intl) Quantamental Tools for Proprietary and Retail Investors.
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Long 100 $EXPD
Short 160 $PWR
0KSR trade ideas
$PWR can rise in the next daysContextual immersion trading strategy idea.
Quanta Services, Inc. provides specialty contracting services in the United States, Canada, Australia, Latin America, and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $55,20;
stop-loss — $52,65.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Quanta Services Announces New $500 Million Stock Repurchase ProgPWR: Quanta Services, Inc.
2020-08-06 06:57:00
Quanta Services Announces New $500 Million Stock Repurchase Program
Price Breaking resistance after days of consolidation,***** ^-^Stock price still in consolidation, Price crossed over the 50emv and should be consolidation in the current support and resistance. For confirm position the price should rally the current resistance, 50emv crossover 200emm all together with the price for a confirmation for the execution. mentioned false breakout due to the consolidation period but it may not end up a false break out, if the stock consolidated for a two weeks periods or so on and the price rallied up or down it will be a strong confirmation Further study to be done.
Thank you
Localogist
PWR - Quanta Services: Undervalued StockRequirement fullfiled:
I was waiting for a pullback to $35 to $37 to add 250 to 300 shares targeting $49. I may, possibly, take 75% off at that point (I don't know...or just come back in 6 months to 12 months) - Then, leave 25% in. The price of $65 will be the next resistance after that; yet, I plan on holding this stock as long as investment is good and meets parameters. I don't want to care to much and just be guided by basic principles of investing this time around. On top of all the heaps of knowledge, I like how this stock is undervalued, providing another buffer to lead on that will see my through possible turbulent times ahead.
A 20 year "Cup & Handle"?Full disclosure: I don't believe I've ever seen this type of pattern on this large a scale before. If the broader market can keep itself intact, I am curious to see how this plays out.
PWR wiil it have the power to breakout 40?PWR
an historical resistance level at 40
so …more likely that it will turn back a little down to correction, it might take some time before it breaks out.
when the stock breaks the level of 40, it will be a long play after I'll see the 40 level becomes a support plus accompanied by high volume and an approval candle.
indicators are on the chart.
this is not a recommendation to buy or sell,
insights are always welcome.
PWR approaching key level on daily chart-rejection or break out?This level (approx 35.40$) has shown itself to be effective on multiple occasions. Earlier this year price formed a double top which confirmed being bearish followed by two failed attempts to break above resistance again. Price is now showing weakness and indecision again close to this resistance...
I would now enter short if price falters or, if a break should occur, go long above resistance. Considering price has spent a lot more time below this level, I am biased to a more bearish disposition but essentially time and price behaviour will tell!
PWR elliot readReally clean structure for PWR suggesting big downside to come.
Good luck trade your strategy!
Quanta Services Inc LONGQuanta Services had a fantastic rally during 2016. It has since then consolidated and formed a full flag breakout pattern. 1/3 a position can be longed now in anticipation of a breakout. Should the price drop to the bottom of the flag range ($34), the remaining 2/3 position can be longed. Targeting the resistance level of $36.50 and hoping for a further breakout. Optimistic trade but sets up a very nice risk reward ratio
PWR: flag again?There is formation of flag signal which has good "window" to move price higher.
Also we see that current longing trend had been forming on the base of trend reversal and recently price has broken 24.00 and 25.00 strong resistance levels and 22.50-24.00 price channel.
Recommendation is to buy.
Entry point 26.00 ( top flag's line breakout)
Stop-loss 24.00 (strong support level)
Target 30.00 (weekly level of resistance)
Risk/return ratio 1:3
PWRNice look here. My guess is price will hit Gartley tgt, consolidate or put in a small retrace and continue on for the CRAB. Wait to play the CRAB after price takes out the 1.618 BC
