ADT trade ideas
ADT Acquires I-View Now to Help Revolutionize Professional MonitADT: ADT Inc.
2019-10-17 16:34:03
ADT Acquires I-View Now to Help Revolutionize Professional Monitoring
ADT Crosses downtrend line.ADT has been going sideways for about 6 months. The support line has held since the beginning of the year. The RSI is on an uptrend.
Is ADT going to $7, or testing the support line once again?
ADT Looking Promising (Bullish) Keep an Eye outNYSE:ADT
On the Day Chart you can see a double bottom formation forming with a resistance @$8.24 and $9.55 Can take profits between $8 and $9 but the target priced is $10.59 using the double bottom formula T=R+H
Cheers!
$ADT - The trading system Equity Trend to go short todayToday at the market open (Jan 2), the equity trading system Equity Trend will open a short position in ADT Inc. (ticker: ADT)
Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately.
The system combines elements of breakout trading, trend following and risk management from Turtle trading.
System: bit.ly
ADT: Reverse PsychologyFriends,
Long has not confirmed so far. What if it opens lower and the previous long idea fails?
This is where the best traders will be able to totally change their perspective and go the other direction without hesitation.
Proper traders will realise if this long failed off a Fibonacci confluence zone, A double bottom, and failed at a long term major moving average, then we could just as easily counter trend trade this and go short when a candle opens below these levels.
An open below the previous days close is very bearish and we would want to be short.
HOWEVER. If we open higher and see the bulls in with force now, then we could go long above 37.50's. We can go either way from this level without taking much risk.
I didn't feel the need to point this out before, as it seemed so likely the move would be bullish due to the strong levels and they very rarely fail.
Tom
ADT: Very, Very High Probability Trade To The Upside!Friends,
Seeing this set up should have your alarm bells ringing!!, worst joke ever... (ADT is a security alarms provider, for those who don't know...)
The odds, if this trade confirms, of this trade going higher, must be 90 percent +++++. If price jolts up tomorrow, it will jerk the stochastic into a spontaneous inconspicuous bullish divergence, solidifying buyer participation at a strong, reliable, long term level.
ADT Showing Bearish Sentiment After A Temporary Uptrend Double bearish harami scenario, followed by continued bearishness.
Targets defined by small blue lines on chart.
ADT - chart says short, but earnings may say something differentPullback
Status: Wanted to short, but earnings keeping me away.
Horizontal S&R: no
Channel S&R: yes
MA S&R: 200
Stochastic turn/crossover above 80%: no
AO pullback >0= 85: yes
Price Pullback Fib >0.382: yes
Next Earnings date: 11/19
Increasing EPS: beat
Increasing Rev: meet
www.estimize.com
*stop 1 atr below swing low.
** first price target is 50% the move from entry price to previous high.
***No Biotech
Any feedback is welcomed! Thx
Cost basis:
Stop:
First price target:
