NASDAQ:AVGO The perfect double top with a nice "V" shape, the neck breakout validating the double top, found support @117.17$, pull back 61.8% forging a nice 2618 short trade setup... AB=CD pattern ends @107.10$ and from there we have a cluster zone, between 107.10$ and 101.38$ as the next probable stop before completing the Shark. THE SHARK: Point B: 61.8%...
Wedging down Triangle. Bullish Divergence in MFI, RSI & MACD. Bullish Crossover on MACD
Three gap pattern indicates exhaustion. Bullish divergence in MACD.
Monthly Bullish Hammer a close above $80.23 in Feb needed for confirmation.
Lower Low, but Higher MFI, indicates Bears are exhausting. High possibility of trend change imo
This has served as a good support trend. Today closed at 9/3/12 high which is the same level of support. Next few days will be telling.
Acc/Dis line indicates significant accumulation at these prices
4-22 Chart wise its all about an upside crossover of the green line that? ACTUALLY sticks. In the meantime? The blue lines are support zones in the event of failure to engage. Feel free to follow on TWTR at @AmazingPatterns For informational and educational purposes only, these are not recommendations, trade at your own risk.