After triple top, $STZ may have found support just above $171 with the rounding pattern. The stock should have rallied from the bottom of $171, but the volume has been very low and the uptrend is currently unable to sustain itself. There may be resistance at around $187.
$ATVI is likely to be heading lower. The stock has broken below $82 where the current trend line was broken. The MACD is signaling a sell. The SMA is still signaling a buy. It may be a buy at around $77. There should be support for the stock at that level. I have a order placed around $77.18.
Barron's may have a point. Buying the stock around $15.50 and selling at around $18.00 may yield as much as a 16% return. I have a limit order at $15.31. I have a low probability of that getting triggered.
Picked up some $SCHW at $33.14. Frankly, I do not have full conviction in this trade. The SMA are screaming a sell. But it seems like the stock hit double bottom and is trading near the lower price range on the Bollinger Bands.
On the fundamental side, there's a lot of competition in the brokerage industry but with $4 Trillion in assets $SCHW may be a survivor.
$DRH exhibited classic head and shoulders pattern in June 2020, since then it has been on a downtrend. Today BMO, $HLT reported poor earnings and it's down in pre-market trading , how would that affect $DRH?
CAT's 10-day SMA greater than 50-day, 50-day SMA greater than 100-day. Bollinger Bands are showing that the stock is relatively cheap at these levels (~$131). A potential exit could be around $140.
FISV seems to be in a downward trend. Fundamentals seem to indicate that the stock is overvalued trading at over 50x PE. The chart seems to indicate that the stock may have support around $98.
CAT is on a downward trend that is set to continue. Volume of 2.33M was especially low at its peak on 29 July, 2020. When it rallied from the market's March 23 bottom and attained a peak price during that trend of $127.37, it had a volume of 4.86 million. The March 23 trend was too steep for it to continue given the state of CAT's fundamentals. If CAT drops below...
