HOW ABOUT ANOTHER 100 DOLLAR SWING?With the pattern slowing, it has formed into a double-top pattern and a sideway moving pattern; I am more confident in the latter theory. We shall see, but confidence in short-term bears.
0TIQ trade ideas
up trend movement with a slight retrace with current conditionsThe moving averages are heading higher. The one thing you see with this type of movement is that unless there is a massive shift in change, the pattern continuation will continue to rise.
Everything points in the direction of a retrace to 1800Overextended, overbought, on every indicator this is in overbought territory. It hasn't indicated it on a reversal format although it is showing signs of a correction.
FICO bullish formation for 1500 target"The chart formation for FICO stock is bullish, displaying a strong bullish candle pattern. I predict a target of $1500 on the weekly chart."
$FICO: Hey? Trend line? That's you?Hey, not saying this is a strong trend line, seems like a light one but could still be used if you want to play risky and bet for a long here...
Will $FICO continue its ascend? After the bottom in May of 2022, the price gapped up and broke through its resistance in $550.
Then formed a base to digest this move before continuing its trend up, this was my signal to buy as it broke out above $636. After that it didn't follow through and its RSI signaled weakness so I sold.
I don't like to hold positions that aren't going anywhere even if I'm on profit.
Still, its relative strength againts its benchmark ( AMEX:IJH ) shows leadership and the price is still near highs so, I'll wait and see if it can breakout this base-over-base.
The RS ratio already broke out, the price could follow.
If not, I won't buy it again.
$FICO with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $FICO after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 75%.
FICO Announces New Stock Repurchase Program!!!FICO: Fair Isaac Corporation
2022-01-27 09:00:00
FICO Announces New Stock Repurchase Program
FICO Announces New Stock Repurchase ProgramFICO: FICO
2021-11-30 16:00:00
FICO Announces New Stock Repurchase Program
$FICO with a slight bullish outlook after earnings$FICO posted its earnings with positive under reaction following the release with the PEAD projecting a slight bullish outlook for the stock.
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Look at the signs before going LONG4Price action tells you a lot about the timing to go long or short. Some traders got it fairly accurately, able to catch the bottom or top while others still find it illusionary and mysterious.
Now, let's say you have done your research and are keen to buy this stock.
By looking closely at the chart, it tells us several things :
1. Price has come to some sort of a standstill since early June
2. It stays sideway for a while before attempting to break out of the resistance at 436.98 on 31 July 2020.
3. It failed and tumbled down until 31 August 2020.
4. On 1st Sept, 17th Sep & 7th Oct - it tried to break out again but both attempts were failure.
5. Now, we are at the bullish trend line and within this week, it will attempt once more to break the resistance level. If it cleared the 436.98 level, it might face another challenge at 450.47. This critical level must be broken up before we can consider it to go even higher.
6. Failure to do so, we can safely expect the price to tumble to 400 level. There, we have to wait and see if it gains any support. If not, the next level will be 346.52.
With this basic information, if you want to long this counter, does it not tell you to be patient and put it in the watch list first ? We want to buy low, like 346.52 or 400 compared to current price and the only way to get at that price is to WAIT. Being patient is a virtue in investing and one must learn to cultivate that.
However, there is a difference between being patient and being a procrastinator. The latter appears to be patient on the surface but in reality, he finds excuses why he should not go long. He has too many "What ifs" on his mind and choose to wait to see the outcome first. He needs assurance and safety but his commitment to action is minimal at best. He kept waiting , believing given time, he will have more resources, better equipped , blah blah blah to make his decisions. In actual fact, he did not take any action other than inaction.
Analysis paralysis in any facets of our lives serve us no purpose. There are always fresh information that can affect the price , the company's revenue or a new competitor ,etc. We can't have COMPLETE information on hand before making a decision. We deal with what we have on hand and make a projection , based on past historical patterns and data provided.
The outcome will tell us what is the probability of us being right or wrong OVER TIME.
#FICO #Breakout Alert from 2 months #rectangle #ChartPatternNYSE:FICO had 2 daily closes above its ALL time highs showing signs it wants to breakout of its 2 months rectangle consolidation chart pattern.
Keep it Simple!
FICO Announces New Stock Repurchase Program!!!FICO: FICO
2020-07-29 06:30:00
FICO Announces New Stock Repurchase Program
FICO Announces New Stock Repurchase ProgramFICO: FICO
2019-07-31 09:00:00
FICO Announces New Stock Repurchase Program
