CAG trade ideas
CAG - LONG 46+ SEE CHART - SL would be $32 and would remove cost basis at volume supply zone for risk free trade ($36 is that zone)
Is ConAgra ready to break the funk and move up?This is the rarest trading signal I have had yet. Seven algorithms signaled a buy at the same time which I have never experienced before. Is this good or bad? We shall see.
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on August 6, 2021 with a closing price of 32.62.
If this instance is successful, that means the stock should rise to at least 32.93 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 2.416% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 4.02% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 6.188% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well.
The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 40 trading bars after the signal. A 0.75% rise must occur over the next 40 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 12 trading bars; half occur within 27 trading bars, and one-quarter require at least 37 trading bars.
The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement.
As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
May 2021 going long CAGRisk 0.5% and volatility 50%. we hope it can growth 5 times minimum at 10 years. at least we hope it can give us 50% growth in 1 years
$CAG with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $CAG after a Negative Under reaction following its earnings release placing the stock in drift D
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$CAG with a slight bearish outlook following its earning releaseThe PEAD projected a slight bearish outlook for $CAG after a negative under reaction following its earning release placing the stock in Drift D
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$CAG - broke down trendbroken down trend
Supportive: MACD, Stochastic, ATR
just add volume and we have a winner.
$CAG - on the path to break down trendLook at that volume. Volume before price is always a fun thing to watch. Could have a play here.
$CAG - reversal of 150 day double bottoms Watching for entry in options to ride this one back to the top
CAG: Double TopDouble Top
Pros:
FLAT volume during formation
RS descending and below 0
PPS below 50MA
ATR flat
R/R ratio above 6
Cons:
PPS above 200MA
200MA ascending
250RSI above 50
If confirmed
PT = 29.51$
$CAG - making 3rd approach on resistanceWatching this one to see if the histogram flattens and we get more signals for entry
Stochastic may bounce off the 20 line.
Need a few more entry signals before i get into this one
$CAG can rise in the next daysContextual immersion trading strategy idea.
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America.
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 $36,88;
stop-loss — $35,84.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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$CAG - seen better days$K, $KR, $CAG, $PEP, $KO, $YUM - all seem to be a bit chaotic lately. Watching the industry to see how things progress. Thinking this won't be hit as hard by some of the chaos but it appears that nothing is off-limits.
$CAG reaching very intriguing levelsWhile the rest of the market tanks, look no further than the recovery plays provided by the financial sector and the consumer sector. Here we see $CAG satying on track to maintain this channel it's been trading in. CCI now reaching the oversold area, RSI to follow. Like this one to bounce and continue the upwards movement for a solid brands.
CAG $40 Today they beat earnings. Earning 75 cents a share when expected to earn 66 cents a share. This is great. So that is what caused the move. It is looking pretty bullish. The brands it owns are used everyday and of course it is a great buy. Again like every run up we need a new support. Watching this tomorrow to see it turn its previous resistance into support. its looking pretty good and if it builds that support im looking at it going to 40! Hopefully you can get in on the dip. Was looking at the double bottom but ignoring that. Another thing to note is that the new low is higher (third V in the channel) so that is some good news.
thats all
this is not financial advice this is simply what i see and think. tomorrow will determine the rest of the play. will keep you udpated
i am new and learning so i apologize if the chart does not meet what i predict
CONAGRA BRANDS PredictionHey investors , CONAGRA BRANDS is going up with a gap, a slight increase on the trend line and a fallout due to a large volume of purchase. Otherwise, an upward push to join the second trend line.
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