DOW trade ideas
DOW Bullish PennantDow forming a bullish pennant currently. Breakout with a push to 10% profit on confirmation of retest.
Upcoming Ex Dividend Date for $DOW - May 28, 2020.Upcoming Ex Dividend Date for $DOW - May 28, 2020. Payment Date: June 12, 2020. Annualized Dividend: $2.80
Will the Macro forming Downslope + MACD + ELLIOT MACROI used the limited tools I could with a free account to map out the potential macro down-slope pressure forming. This signals a potential breakout. Down below on the MACD w/ Elliot Waves we can see another potential crossing point with convergence momentum, again potentially creating momentum for a breakout. I'll use my other free, un-named platform to get better, instant updates- and post any updates if I get more evidence.
Disclaimer- All Rights Reserved, 5/15/2020 JLP ENTERPRISES, this and all other future posts from this user is NOT professional advice, and should never be used for any financial divisions. The author, and anyone affiliated holds no responsibility for any action, or lack there of based on any personal opinions, which do not represent any holdings, positions, or even current personal opinions.
The goal and intention of the author and his, and her affiliates is to simply provide a perspective that can add data to the ever increasing, and expanding presence, in the wheels of our economic system.
possible DOW double top looks bearish
who actually believes this bear market rally the whole thing is just propped up by money printing
Is Dow Overbought After Bouncing to its 50-day SMA?Materials companies are some of the most economically sensitive names in the market. Events like social lockdowns, mass job losses and nosediving GDP have all kinds of knock-on effects for their business. The sector was already struggling before coronavirus, and fell even more sharply as the disease spread.
Dow Inc. is one of the most actively traded names in the space, and is also the only Dow Jones Industrial Average member.
It bounced hard last week as the S&P 500 had its biggest weekly gain since 1974. But that rally has brought DOW back to its 50-day moving average and the high-volume bearish gap from March 9. Stochastics are also suggesting an overbought condition.
Even if the worst of coronavirus has passed, this is a significant bounce for DOW and an area where traders may look to take profits. Based on the technicals alone, a retest of $31, or even $27, may be in the cards for DOW.
PRZThere is a potential reversal opportunity if the price arrive to yellow zone .. because it has 4 numbers of Fibonacci with price around to the top of the price channel ..
so it might be a good opportunity , but we have to observe chart to catch confirmations .
DOW - RANGE AND DOWNHello,
DOW is in a range as the VPVR indicators show us, when we break it will go down further.
I think its moment to find short positions there.
Thanks.
Possible Gap Close!!!! PA WatchSellers still run the game but Buyers breaking through!!
Possible equal move
Watch Price Action fellas
i63.DOWBeta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Worry about risk only.
DOW Reinvention IPO SuccessDOW returned to the listed companies, and it is completing its new IPO bottoming formation with a strong Uptrend.
DOW EMAs crossing overHoping this pops back up towards the EMA's for the trigger before it continues to drop.
DOW Dupont Chemical: Value play (6% yield)Graph says all. PE = NMF, they're losing money and stock's been in down channel for quite a while; but the dividend yield at $44 is 6.4%; analyst expectations estimates agree DOW is going to earn more next year in FY 2020 with resizing and trimming, efficiency improvements &tc. Revenue is growing; From $3.4 RPS FY 2019 is expected to go to $4.4 RPS next year and may become profitable again thereafter. Mean target price = $54 based on these estimates. Still paying the >6% dividend; they pay you to wait, and you can sell weekly or monthly calls every month forever. I did a buy-write on just 200 shares/2 Oct calls.
Will add more if we get a full correction; support is around $40, so you can sleep at night holding these over long-term. It's a "Dogs of the Dow" theory value play!
This is not investment advice, just a pretty darn good trade idea IMO; trade at your own risk and consult a certified financial advisor before you plunge in here; GLTA!
