DAR trade ideas
Darling Ingredients - Clean uptrend with regular pullbacksAnother one with a clean uptrend. Considering it tried to break 50 resistance level twice and failed, also price consolidated between 45 to 50 before breaking out, this can act as strong support level. Next levels of support are derived based on pivot lows (both higher lows).
Volume on last bar is very high - which might signify exhaustion. Hence, we may have a pullback shortly. (Or it may just consolidate as last time)
wow no red months?only 2 red months all year.. you dont really see too many stocks like that especially during a pandemic. i think we are due for a small pullback for those looking for a dip entry..35-40 would be a perfect entry in my opinion.. but who knows this could keep running all 2021 with no red months. that would be insane haha. goodluck ! :)
DARLING INGREDIENTS Idea Hey traders, DARLING INGREDIENTS is at a very important moment in its history we can witness a new higher story and the price soars. It is in a bullish dynamic with a large buying volume and a hammer candle in progress. TIMEFRAME 1Min is in a collapse, DARLING INGREDIENTS is heading to the next lower. And set off again on its rise, great opportunity to breakout the comfort zone to reach a new zone. To make a new all-time high and maybe even breakout the area again, if buyers immediately focus on
on the price.
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Darling Ingredients Breakout setupEntry level $ 24.25 = Target price $ 27.00 = Stop loss $ 23.25
Long term breakout imminent.
P/e ratio 36
Darling Ingredients, Inc. engages in the development and production of natural ingredients from edible and inedible bio-nutrients. Its segments include Feed Ingredients, Food Ingredients and Fuel Ingredients. The Feed Ingredients segment includes ingredients business such as fats and proteins, used cooking oil, trap grease and food residuals collection, the Rothsay ingredients, and the ingredients and specialty products. The Food Ingredients segment comprises gelatin, natural casings and meat by-products, and specialty products activities. The Fuel Ingredients segment consists of biofuel and bioenergy services. The company was founded in 1882 and is headquartered in Irving, TX.
Buy opportunity: DAR is bouncing back from 200 MA on dailyHi Traders!
Price tested the 200 MA many times and now reached a support zone. RSI and Stochastic RSI are in oversold zone.
Entry strategy: wait for a bullish confirmation candle above 18.70
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