We are failing to correct the rise since mid April. This pattern may become a cup and handle like one with a good upward potential when we can exceed the March top.
Well I do not look at those formations in general. My focus is the Alpha candle 6 days ago. The very next day stock closed below the stop loss point. Today it is going up right from that stop loss area, and volume is coming in. Stop loss @2.45, adjust your position size accordingly. Currently @ 3.40
Showing good Relative Strength Hovering around the top of a 14wk/ 13% shallow base. got some VCP action going Volume & volatility have dried up in last few sessions. Results are also out of the way Entry 1518 SL 1470 Target 3RR
This massive cup and handle is similar to my Total3 chart, although this chart includes BTC and ETC. This more bullish chart has a projection to 4.3 Trillion dollars. I fully expect a raging pump over the next few months leading into elections. The upward pointing weekly stochastic RSI is optimistic, alongside riding the EMAs. A massive pivot in volume is also...
The trend is still our friend. I still see bullish developments in the price action. We must have patience. Dips still must be bought. The plan hasn't changed. We still aiming for that time period of 9 -15 months post #BTC Halving. We are only one month down :)
NSE:ASHOKA is forming Dual pattern Normally a chart with dual pattern has higher probablity of giving strong breakout and here Ashoka Buildcon is forming Adam & Eve Pattern and Inverse Head & Shoulders pattern in monthly chart and in weekly chart our stocks successfully gave a huge breakout from Cup & Handle As usual all the important fib are marked...
Logarithm. Completion time 1 week. Instead of updating an old idea regarding the Nasdaq Index and BTS on pump cup formation published on 06/17/2023, I decided to implement the idea on a live chart. Comparative analysis. Fractal. Lag. Bitcoin and Nasdaq 17 06 2023 I have applied the cup percentages as well as the cup with handle if formation occurs (high...
Little late to the party here but look to enter on pullbacks with clear stop at halfway point on the cup. Love this pattern, shout out William O'Neil
Stock Analysis RVNL is showing an interesting chart pattern with a rounding bottom formation. There is a spike in volume, indicating strong buying interest. The stock is getting ready to break out and reach new levels. Trading Strategy Target Placement: Follow the target level mentioned on the chart. Stop Loss: Set your stop loss as per the...
Late Post Simple Cup & Handle Breakout in HUDCO There is a re-entry opportunity at 155-157 for Target 13%
I have called a couple real big pattern moves on #Netflix so on todays mega rally I take a quick look at the potential price projections that may or may not end up occurring I am not a guru or price forcaster i just draw lines on charts like always Your Risk Your Reward But i am someone who does highlight Risk i.e. downward prices when I feel/see that...
Previously, I posted on the hourly how MSTR has formed a lovely H&S and that has followed through. Now, I believe we are entering another opportunity to get in with the formation of the cup. Handle needs to form for today. I am expecting handle formation and breakout on decent volume. It might also take the form of a flag. Underlying asset Bitcoin chart...
We will enter the trade at the breakout of HH. At this point, buyers will remain in control. No bearish divergence is observed.
D looking good at cmp. after long consolidaton started uptrend forming Cup. expecting 58, 63 in this counter
Bitcoin has come a long way since its first recorded price of less than a cent. In December 2023, one Bitcoin was worth roughly $42,000. By March 2024, BTC set a new all-time intraday trading high by breaking through the $69,000 level. The idea that Bitcoin could one day be worth a million dollars per unit, as Sciberras points out, “really shows how far we’ve...
INDIA CEMENT: Momentum Stock This counter is showing VCP(Volatile Contraction Pattern). This may see Momentum, when it crosses 275. SL as 20 SMA (Weekly Close Below) 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 Me.
Not financial advice. AMEX:COPX Setting up for a possible cup and handle will have to wait for confirmation if it gets rejected at yellow line resistance. Like and subscribe for more ideas.
The HIMS stock chart displays a pattern resembling a cup and handle. If confirmed, technical analysis suggests a possible price target exceeding $24. While the cup and handle pattern suggests a potential price increase, it's important to consider other factors that can influence the stock price, such as the company's fundamentals, industry trends, and overall...