WEN trade ideas
Inverse Cup and Handle FormingInverse Cup and Handle forming for Wendy's on the daily chart. Expecting to meet resistance at the handle before moving lower towards the long term trend line.
WEN trend line and prediction WEN is trading in a channel. With a simplistic analysis using trend lines, I have predicted the stock price will reach $18.25 by November 2nd
needs to hold prev. handle monitor potential IHSsummer been good to $wen should see more activity w/ labor day
WEN Ichimoku LongLooking for price to break ATH, but more likely, it will bounce off and pull back. Overall, very bullish uptrend here. Might be able to catch a small short here and ride back up again.
WEN Detected possible stock repurchaseWEN: wendys company
2018-02-15 16:05:02
Detected possible stock repurchase
Price ActionIn this activity (The Technical Analysis) there are a lot schools and theories, the methodology that I follow and use is called by Americans:
Price Action with Chart Pattern analysis plus Candlesticks but without indicators (large name for a simple thing)
It's a raw way to do the things but work and this means that if you are a user of this technique I do not need to explain because just with seeing the chart you get the idea and you know what you should do.
For this reason and henceforth I do not give price targets because this is your job
Wendy's Co upside breakout More expected upside as calls are outpacing puts 100:1 primarily on the January 19th 2018 17.00 call. NASDAQ:WEN
WEN - Key support breakdown short from $14.93 to $13.57
* Trade Criteria *
Date First Found- August 23, 2017
Pattern/Why- Key support breakdown short
Entry Target Criteria- Break of $14.93
Exit Target Criteria- $13.57
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
WEN - Bullish continiation$After the first run up WEN found Support at $15ish and made a nice base on the Daily Chart. Looking now for continuation with a push of Volume through $15.80 to set new highs.
Target 17.50ish.
Time to make a play on WEN: bullishRetest of .618 of Uptrend Successful. Further good news is it's around the .38 of long-term (previous downward) trend. Also, just above the 100 EMA.
Wendy's Co pattern. Will it go up?After 2 months of decline Wendy's seems to be on the rise since July 1st. It also seems to follow that pattern: 2 months down follow by 2 months on the rise. On the next month will it follow its uptrend pattern?
Now that's better: Wendy's bullish at Gartley completionBullish Gartley @ $8.69
Target 1 @ $9.56
Target 2 @ $10.09
Stops @ $8.10
WEN Day Trade Retest Gap (Brad Reed May6,2015)If WEN gaps above 10.85 consider using the Retest Gap strategy. To obtain a complete free stock trading education go to www.RealLifeTrading.com
