scallop

robus robus XAUUSD, D, Long ,
XAUUSD: XAUUSD : Potential Reversal Suspected to 1419
534 2 12
XAUUSD, D Long
XAUUSD : Potential Reversal Suspected to 1419

Bulkowski's Inverted Scallop in sight on Daily. Has Trendline Resistance at around 1325-1327 EMA20 on daily at 1325 may provide necessary bounce. A: 1305.38 B: 1375.92 (B - A) x 61% = Height of Impulse B + Height of Impulse = Target Price. ($1375.92 - $1305.38) X 61% = $42.82 1375.92 + 42.82 = 1418.74

akap akap LNKD, D, Long ,
LNKD: LNKD (Linked In) Target for 20% gain
105 2 0
LNKD, D Long
LNKD (Linked In) Target for 20% gain

Linked in created and inverted ascending scallop -- confirmed. (http://thepatternsite.com/aiscallop.html). A bonus is the U-shaped volume with the pattern. This alone sets the target price at 279.25. In addition, a cup and handle is in the process of forming, which if successful, sets an intermediate target price at 263. On Balance Volume (OBV) also remains in a ...

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