INTC forming this beautiful upward trend since last 1 year. If we follow this pattern, it should decline to around $40 in next 1~2 weeks touching the lower trend line.
If it bounces from this lower trend line, it could be good buying opportunity for a short term target of around $50, where it might will face some resistance.
Since the trendline slopes upward, do not short, it could be very risky.
If it reaches bottom trendline again and price bounces off the bottom trendline, it could be a good entry point (at around $100) for a short term target of the resistance line (around $132).
HAL forming a beautiful upward trend since last 3 years. If we follow this pattern, it should reach around $43 in next 1~2 months. Also, SMA 7 just crossed SMA 22. Another price rise will confirm this.
Be cautious at around $43, as there is a strong resistance at that level.
Forming a beautiful flag pattern with upward trend, with a short term target of $166 and then next target around $170.
Overall trajectory is downwards, unless it breaks that downward trend.
Noticed this small gap of around $3~4 from last week. IMO, Apple stock will try to cover this in next couple of weeks. Might be good for a quick trade.
Symmetrical Triangle busted. I'm looking for around 10% upside from the top of the triangle. Which is around $256.
Also, from past trend it seems we have resistance at around that level.
My favorite triangle pattern emerging in ZUO. Waiting for triangle to break out.
Option A: it might break out now
Option B: it may fall down a little, break the bottom support and then break out the triangle upwards.
Either ways, looking for a short term target of around $12
