APLS has broken out from a downward sloping bull flag that is quite spread, this has caused a large gain, and a possible formation of a new uptrend. Gaussian channel can be seen to be rising fast. Other chart patterns include a wedge, a double top and a bear flag.
Look for biotech stocks to start performing well. Price targets are noted on the chart. Bollinger Band shows a squeeze in this area as well.
Notice how the 200 Day MA was playing as the resistance ceiling of the bull flag, now that it's been broken flush to the upside there's been a Golden Cross on the Moving Averages, very interesting.
Hello All, I have been sitting on this chart for a while and I have been meaning to share it, but after it has been hard for me begin to publish again, but that is trivial. Anyways, I hope you all enjoy this chart. Let us start with the daily chart. On the daily chart, we can clearly see in light blue that we are up against resistance created by the descending...
After failed attempts to stay above 200 EMA in April and May 2019, the stock has risen above 200 EMA with huge volume and consolidating nicely at 121-124 levels. Breakout out of above 126 with high volume can push the stock to a high of 145-150 levels. If u want to have a tight stop loss, 118 can be nice SL, however if you want to give some room to stock, you can...
It's possible that this is a giant inverse H&S, but looking for bullish patterns in a bearish micro downtrend is a great way to get rektt! Bitcoin is trading well below the 200 Day MA & any time we've seen bull markets in BTC's history its traded above it, so the bearish sentiment is warranted. Also, if we look at the same chart on a 1 year time frame it looks...
Bullflag pattern has formed. Fib extension levels provided ( i hope i'm doing this right any tips appreciated ~ learning) 0.77 strong LR uptrend. Volume can be seen to be declining. Daily chart!
Looks like EWZ is about to make a strong move. Lots of bullish momentum could push the price through. Not expecting a new impulse leg up Break below 20ema and psar invalidates idea
Activision has formed a rounded bottom, which I first thought may lead to a cup and handle. However it looks as if this is turning into a long term continuation of the bull trend. A clear island bottom can be observed (gap), also a recently formed bull flag. Also included a bull flag pattern for anyone interested.
Bloom has been on a massive / fast paced run since October, however a clear downtrend is still present, and the success (breaking the downtrend) or failure of this bull flag, will determine if the stock rises or falls. An island top is also present with a clear price gap.
Pepsi is currently in a large upward channel on the weekly timeframe, on the daily timeframe a bull flag can be observed, this will lead to upsides. Other patterns include a diamond bottom reversal after a short term bearish run, a double top, and a double bottom. A great buy long term.
Possible formation of a bull flag on waves BTC, Purple line indicates hard support and may be used as a stop loss. MACD can also be seen as rising.
EVERG has seen some nice accumulation and the presentation of a massive bull flag on the weekly chart. MACD supports this with a rising trend in bullish territory. Also a large volume spike.
we currently awaiting the major breakout between the 25week and the 150 week moving averages for the price. we have a bear flag formed but with the stoch rsi moving out of the oversold region, and the CCI momentum indicator showing divergence, i feel like we are getting ready to retest the 25 week mvg avg soon. the larger pattern produced over the course of this...
Aprés une belle accéleration haussière , la latéralisation ces trois derniers jours s'est accompagnée d'un bris du canal à la hausse , nous offrant alors un beau BullFlag TextBook (voir le graphique). Le price action soutenu et le contexte de fin d'année (i.e. absence de liquidité provenant des fonds institutionnels) tend à demontrer que nous sommes dans un...
I said in my previous ideas on Gold and Silver that they were going to get hit for a few weeks to months but this was a healthy correction on the road to new all time highs. On the weekly and monthly charts we have formed a bull flag/bullish falling wedge and the price action is now bullish. I recommend you buy Silver over Gold because Silver is significantly more...
Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle, but is also often angled down away from the prevailing trend. Another variant...