Unilever PLC Stock Code UL.NYS
Outlook
Price broke above the cloud four days ago and during these four days, price has been climbing higher. Price is above the cloud and above both the Conversion and Base lines. This is a sign of a strong bullish trend. This bullish trend is confirmed by the Lagging Span, which is above price of 26 days ago as well as above the cloud. The three pillars of a stable trend are all in place. Two days ago, price moved above $64.15, triggering an Ichimoku reversal in the process. Yesterday, price broke above the previous high. MACD momentum is rising. MACD is bullish with both its lines above the zero line. We believe this bullish trend and momentum should carry price higher to the Ichimoku V price projection target of $68.30.
Strategy
$64.40 Buy
$68.30 Price Target
$61.50 Risk Management Stop
3 weeks Trade Duration
Southern Co Stock Code SO.NYS
Outlook
Price has been on an uptrend, climbing higher and higher since starting that uptrend movement back in late Dec 2018. Since breaking above the cloud, price has been climbing and had stayed above the above the cloud. Price is above the cloud and above both the Conversion and Base lines. This is a sign of a strong bullish trend. This bullish trend is confirmed by the Lagging Span, which is above price of 26 days ago as well as above the cloud. The three pillars of a stable trend are all in place. Two days ago, price broke above its high at $58.80 and yesterday, price stayed above that high maintaining the bullish uptrend. MACD is bullish and both its lines are the zero line, which is a sign of a strong bullish trend.
Strategy
$59.80 Buy
$63.60 Price Target
$56.80 Risk Management Stop
3 weeks Trade Duration
