1WY trade ideas
V-saped rebound likelyThe Ichimoku is looking at a possible upside continuation and momentum is strong. We are looking at 34.00 and 36.00 as a target price.
WY potential buy setupReasons for bullish bias:
- Basic DOW theory
- SL below last HL
Here are the recommended trading levels:
Entry Level(CMP): 35.96
Stop Loss Level: 33.79
Take Profit Level 1: 38.13
Take Profit Level 2: Open
WY - Swing Trading Setup - 22% Potential ProfitEntry: $36.15
Target: $44.00
Stop Loss: $34.90
Risk/Reward: 6.58
WY buy of forming local growing trendIdea:
Repulsion
SL < 30.36
Fundamentals:
- Pro: High Gross Margin
- Pro: RoE big enough (TODO check avg in sector)
- Pro: Low debt to eq
$WY with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $WY after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 33.33%.
$WY with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $WY after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
will we reject or break cluster resistance? lets see! WY sitting below cluster resistance zone, on a break past 43.3 we can target 46.58-51.65-56.7, a rejection from this resistance can send us back to local support (36-37)
should see a push higher in the short term WY in a healthy uptrend, just another consolidation before a push to new highs in my opinion.
long trigger at 42.78, short trigger at 41.23
$WY ready to head higher after breaking a 9 month base?* Good earnings
* Strong up trend
* High 3-month relative strength of 2 in the Real Estate sector
* U/D ratio of 1.16, meaning it's under accumulation
* Trading with higher than average volume
* Breaking out of a 9 month saucer with handle pattern with a base depth of ~29.39% and a handle depth of ~11%
Trade Idea:
* Now's a great time to enter this stock as it's just breaking out of its 9 month basing pattern
* The price is still very close to the broken level giving you a nice risk to reward ratio
* If you're looking for a better entry you may look for one around the $41.16 area
WY breaking out of an 8 month base!* Great earnings
* Very strong up trend in the long term
* High 3-month relative strength of 1.12 in the Real Estate sector
* Pays out dividends
* Breaking out of a ~8 month cup formation with a depth of ~25.94%
* Attempted to break out a couple of weeks ago but due to current market conditions it had a slight pull back and now is breaking out once again.
* Maximum probable ROI is ~25.94%
Trade Idea:
* You can enter now at today's close if you want to stay in the market.
* Due to uncertain conditions it's better to enter with a small position if not in cash.
* If you're looking for a better entry, you can look for an opportunity around the $40.54 area.
WY offering a Pocket Pivot setup!* Good earnings
* Very strong up trend
* High 3 month relative strength in the Real Estate industry
* In a constructive basing pattern for the past 7 months that's rounding out
* Stable volume with increasing price
* Pocket pivot occurred on the right side of the basing pattern.
Trade Idea:
* You can enter now as indicated if you don't mind a little volatility
* Or if you're looking for a slight discount you can look for buying opportunities near the $36.47 area
Note:
Pocket pivots offer an early entry prior to breakouts. The volume indicates institutional interest.
WY longTarget 1: $38.64
Target 2: $40.79
Money may be flowing into Meyerhaeuser Company stock. Wall Street analysts are expecting price to go to $40.20 within a 12 month span
Weyerhaeuser Timberland LongNYSE:WY
Hi traders,
Timberland company WEY showing classic closing of Jaws in my proprietary 'Arun' indicator on the daily timeframe
Bulls want to go long and Bears short covering
I started accumulating since yesterday, and the signal has developed even further today.
Time for second bite of the cherry.
A good long setup with stop below the recent low, fib, pivot point *whatever.
Personally, Id just ride the trend so long as the trend holds
Weyerhaeuser (WY) . Worth watchingCommodities markets took a big hit today.
The margin clerks will be busy tomorrow !
Here's a candidate should lumber prices stabilize.
Weyerhaeuser has benefited from higher lumber prices as production has decline and demand skyrocketed.
Worth watching. Targets, entry and a stop have been indicated.
A quick trade as the over weekly chars show a long term Bearish Harmonic Shark Pattern
Risk/Reward is 1.5 to 1.
As always do your own due diligence.
S.
WY classic fake out before earnings break outWY classic fake out before earnings break out
We need to consolidate after breaking all time high before we move higher.
Yes timber prices are coming down but first they need to report all the earnings they had last quarter.
we are not done with commodities pumping up - once gas goes up the timber goes up too.
$WY. First stock post in a while. Looking to buy dips.$WY is in an uptrend and we are looking to buy dips.
It doesn't seem to be spending much time in the lower channel, so when it gets down near the bottom is the ideal opportunity.
To help us time the dips, I am attempting to incorporate the Williams %R indicator. This is a new indicator for me, but it's not my first indicator, so hopefully I don't hurt myself too much trying to get it working for me.
I'm sure you could combine it with other indicators to create a more complete picture. Any suggestions?
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The lowest SMA is the 100. 200 was not used because it would only take up bandwidth for what we are aiming at.
