DEO Diageo plc

$DEO Decent end of the week. Closed above weekly 50ma. Inverted H&S hypothesis still alive.

$DEO love the fallout on weak selling and gap back up today into the buying algo. Added for trade with an $87 stop. $95 target with runners to $100 if this holds.

$DEO $STZ Maybe we can put whisky in our gas tanks... Trump says he plans to remove tariffs from Irish whiskey after being asked to do so during his trip to Ireland — AP

$DEO As an investor / trader of this stock and an Extra Stout drinker the abandonment of the brewery here was possibly necessary but has led to shortage of the brew and escalating pricing. They need to cut a deal w/ Trump on tariffs on the Irish original beer and get more flowing here.

$DEO still some work to be done but might be forming a higher low here, thus an inverted H&S on weekly.

$DEO As mentioned - the break below the green buying algorithm occurred precisely where LTF liquidity was waiting. Price took that liquidity and then gapped back up into the buying algorithm. One of the trustworthy bullish signs that I look for to enter a position. Stop is now set below that zone.