Notes: * Strong up trend * Okay earnings track record * Basing for the past ~8 weeks * Pulled back to its 10 week line and managed to hold it as support creating a cup and handle pattern * Printed a pocket pivot near its 50 day line offering an early entry and indicating institutional demand Technicals: Sector: Healthcare - Biotechnology Relative Strength...
Notes: * Strong up trend * Not the best earnings record but the last report was really good * Creating a base within a base * Recently broke above historical highs of 14.42 * Increasing volume since the last earnings report * Recently bounced off of the 50 day line with bullish price action and volume Technicals: Sector: Real Estate - REIT -...
Notes: * Strong up trend * Health care sector showing strength * Breaking historical all-time-highs of $57.9 with a very bullish week * Recently bounced from the 200 Day line and the 10 week line with very bullish price-action Technicals: Sector: Healthcare - Medical Distribution Relative Strength vs. Sector: 3.34 Relative Strength vs. SP500: 1.82 U/D Ratio:...
* Exceptional earnings * Very strong up trend * High RS in the Healthcare industry * Pocket pivot occurring on the right side of a rounded constructive basing pattern Trade Idea: * You can get in now as indicated * Or if you're looking for a slight discount you can look for an entry near the $423.63 area
* Good earnings * Very strong up trend * High 3 month relative strength in the Real Estate industry * In a constructive basing pattern for the past 7 months that's rounding out * Stable volume with increasing price * Pocket pivot occurred on the right side of the basing pattern. Trade Idea: * You can enter now as indicated if you don't mind a little volatility...
Double bottoms, support, and MACD divergence. Not confirmed bullish yet but it is def basing at support. Unpopular opinion - Bitcoin will lead the next rally.
So SCUSD was requested by a follower of mine and I am charting this blind. I literally have not looked into this coin at all. However, I see an extremely strong base which formed a nice cup with a very small handle. Personally I would like to see a bigger handle, but that is a minor gripe. Regardless, there is a strong basing pattern, it is sitting above the...
3 more trading days to the close of the candle to confirm it.
Basing process began Sep 2014, exhibiting almost perfect symmetry, more recent price support found above flattening 200 Week MA (black line) and support found by On Balance Volume indicator convey upside breakout is approaching. Weekly RSI has begun to hold RSI 50 EMA and most recently the 10 EMA (dotted purple line, orange line is 10 EMA), which I consider to be...
CTSH has a basing bottom formation underway that is compressing at a higher low level. This pattern often precedes a breakout.
An intermediate-term basing bottom created by Dark Pool Quiet Accumulation completed with a High Frequency Trader gap up to a resistance level recently. BIIB retraced due to Pro Traders taking profits.
A typical High Frequency Trader gap down was halted by Dark Pool Quiet Accumulation. ALGN gapped up recently to test the bottom completion resistance level.
MU retested its bottom lows; it will find support at a higher level after reaching above the top red line drawn on the chart. The Basing Bottom created sufficient hidden momentum as the stock gapped and ran vertically up to resistance.
ATVI is building an intermediate-term bottom that is a solid base from which the stock can eventually move up as its fundamentals improve. This is a pattern all Retail Traders should notice, especially Position Traders and Intermediate-Term Traders.