Retest support. MACD Buy. Try to retest previous resistance.1. Retest support.
2. MACD Buy.
3. Try to retest previous resistance at 73.00.
4. TAYOR & Good Luck!
GGG trade ideas
$GGG with a bullish outlook following its earnings #Stocks The PEAD projected a bullish outlook for $GGG after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 85.71%.
GGG - Short Setup Not huge insider selling recently but some. Break below 74.47. Target 65.13, Stop 77.13.
Market Alpha Watchlist - GGGSymbol: NYSE:GGG
Type: Watchlist Alert
Indicators
Laguerre RSI
Multi-Time Frame EMA
Opinion: Long term bull trend coming into some resistance but may be able to get through.
DONT POST BELOW!
Tags: marketalpha, long, short, calls, puts, bulls, bears, watchlist, stocks
Reversal play Reward/Risk: 5/1
Entry: 69.41 or at a lower price
Stop: 67.50
Target: 78.00
Options Play: March 19 70/75 Call Vertical
Could be a decent infrastructure/relation trade assuming the recovery continues
$GGG #Breakout SetupAnother stock with strong close on Friday. This one I bought on Wed 12/09 right before the close.
Reason:
While the market was selling of Wed, $GGG close positive for the day on higher than average volume. Impressive relative strength in a constructive consolidation base. Looking for the stock to breakout this week (but nothing is guaranteed).
GRACO PictureHey traders, GRACO is at a very important moment in its history we can witness a new historical high. GRACO is in a fake bearish push with a large volume of sales executed, it will break its trend support to go on the back of the last previous lower and then turn around.
Strong potential to breakout the stabilization zone to join the new zone and seek a new high.
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Graco, Inc Bullish Reversal Company profile
Graco, Inc. is a manufacturing company, which designs, manufactures and markets systems and equipment used to move, measure, control, dispense and spray fluid and powder materials. It operates through the following segments: Industrial, Contractor and Process. The Industrial segment includes the Applied Fluid Technologies, Industrial Products and Process divisions. It markets equipment and pre-engineered packages for moving and applying paints, coatings, sealants, adhesives and other fluids. The Process segment markets pumps, valves, meters and accessories to move and dispense chemicals, oil & natural gas, water, wastewater, petroleum, food, lubricants and other fluids. The Contractor segment equipment includes sprayers that apply texture to walls and ceilings, highly viscous coatings to roofs and markings on roads, parking lots, athletic fields and floors. Graco was founded by Russell Gray and Leil Gray in April 1926 and is headquartered in Minneapolis, MN.
GRACO Inc. #GGGAll three time frames are up
price has been rallying for 4 months
expecting a bigger retracement
looking to go long when price retraces to the origin of the move at 45 dollar a share.
