Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
DAR breakout long
Darling Ingredients Inc.
Long
DAR breakout long
By rossgivens
Follow
Follow
Oct 26, 2021
1
Oct 26, 2021
DAR has formed a nice ascending triangle consolidation pattern for the last several months.
Pullbacks have shrank from 26% down to 9% while exhausting supply near the $79 area. The stock is now trying to breakout.
Fundamentals are strong with compounding double-digit sales growth and a 200% jump in earnings last quarter.
Risking 7% to see if this move has legs and the breakout confirms.
breakout
Chart Patterns
DAR
Fundamental Analysis
Trend Analysis
rossgivens
Follow
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.