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theoptionsplug
$EMR still struggling at the $164 resistance level!
RSI is still high so shorting here with stops above $166 looks excellent!
EMR Emerson Electric Co.
$161.83
$2.77
(1.74%)
Closed $161.83
$1.49
(0.92%)
After Hours
EarningsNov 4
Mkt Cap$88.72B
Vol2.56M
About EMR
Emerson Electric Co. is a global technology and software company, which engages in the provision of solutions. It operates through the following segments: Final Control, Measurement and Analytical, Discrete Automation, Safety and Productivity, Intelligent Devices, and Software and Control. The Final Control segment focuses on providing control, isolation, shutoff, pressure relief, pressure safety valves, actuators, and regulators for process and hybrid industries. The Measurement and Analytical segment involves the instrumentation measuring the physical properties of liquids, gases, pressure, temperature, level, flow, acoustics, corrosion, pH, conductivity, water quality, toxic gases, and flame. The Discrete Automation segment includes solenoid, pneumatic, valve position indicators, pneumatic cylinders and actuators, air preparation equipment, pressure and temperature switches, electric linear motion solutions, programmable automation control systems and software, electrical distribution equipment, and materials joining solutions. The Safety and Productivity segment consists of pipe-working tools: pipe wrenches, pipe cutters, pipe threading and roll grooving equipment, battery hydraulic tools for press connections, drain cleaners, tubing tools and diagnostic systems, including sewer inspection cameras and locating equipment. The Software and Control segment processes by collecting and analyzing information from measurement devices in the plant and using that information to adjust valves, pumps, motors, drives, and other control hardware. The company was founded by Charles Meston and Alexander Meston on September 24, 1890, and is headquartered in St. Louis, MO.
Fundamentals
63
Bullish Sentiment
How do you feel about EMR?
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Muzzleburn
$EMR bullish on my chart. I’m not in but I would be interested if they pull back a bit
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DonCorleone77
$EMR Emerson to build new automation solutions service, operations center in Qatar
Emerson announced plans to build the Emerson Middle East & Africa Service Center, a new automation solutions service and operations center, in the Umm Alhoul Free Zone. The facility will expand Emerson's local capabilities for customers in Qatar and across the Middle East and Africa. It will include the region's first certified in-country flow calibration lab, along with other critical automation technologies designed to help customers optimize operations, reduce turnaround time, minimize costs and accelerate project timelines.
The new 3,500-square-meter facility reinforces Emerson's expanding industrial technology presence in the region and advances Qatar National Vision 2030 objectives around economic growth and diversification. The new site will add to the existing footprint of manufacturing, service and distribution locations in the Middle East across Saudi Arabia and UAE along with a broad service network of Emerson accredited service partners in the region.
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mktrdr59
$EMR may be starting a rally after three wave corrective looking measured move pullback off the mid-Aug high.
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