Daily chart of $PEN has a beautiful C&H breakout this week with a close above the cup neckline Stock price trades above all major daily MAs (20,50, 200) MACD and RSI both in expansion mode with plenty of room to go until overbought conditions will be reached Measured target from the pattern is around 264.62 Good luck, TA
LINK is breaking out to new highs. As usual its leaving everyone behind, but if you use 15min TF buy in the purple zone which is in between the .618 and .5 FIBO. SL for LINK/USDT $5.05 or in BTC SL is .0558 or .00055 if your not leveraged or are holding for long term with a looser stop. My TP is .00064. Happy Trading! If you have any comments or suggestions leave...
Contraction After Expansion . Price Above 13 and 34 days EMA . Volume Expansion (Strong Indication ) Stock Looks Like In Accumulation Phase . Breakout Level 164 (Breakout Should Be With High Volume And Bullish Candle ) Target 187 , 208 Book 30% On First Target And Trail Your Sl Above Book 30% On 2nd Target And Trail Your Sl .
Gold about to fly high!! Don't forget to follow me for more update.
i've recently been focusing more on the 1hr and 3hr chart patterns as we've been going sideways on top of the blue top trendline of this 1day chart ascending triangle pattern but I wanted to strip down the chart to only that pattern again as it finally looks like we may be finally confirming the breakup from this pattern...we need to make sure before we get too...
must keep an eye on the first smaller breakout target in case this may turn into a double top in that zone...fi it keeps going then the higher breakout target then becomes very probable where at that point the resistance to keep in mind will be the 1 day 50ma(not shown here on the 3hr chart)
After initiating the golden cross on gold it soon after break above the inverse head and shoulder neckline and then proceeded to reach the breakout target and a few pips above before correcting which to me signals this golden cross should likely be sustained.
$KR stock price has been forming a beautiful clean inverse H&S pattern on the daily chart since MAR'19 earnings result gap down The pattern has a clean cut shoulder line at around 23.70 and head line at 20.70 / neckline sits at 26.10 Stock has broken the neckline on big volume 2 days ago ( on good numbers regarding same stores sales ) and yesterday started what...
BTC attack on 10K. Bears in panic mode! FOMO starts now. After the great advance of altcoins capital is now flowing into Bitcoin again (which was partially expected). When/if 10 000$ gets taken out bulls will clear an important psychological as well as technical level of resistance. This move might extend far higher than you'd expect. Stay hedged and do not...
$OSB has reached a 19.46 low this summer and since then it has formed an ascending triangle Last week stock has been bought aggressively as seen on the volume chart and managed to breakout the resistance at 25.11 RSI is slightly being pushed now into high levels so ideally could wait for a successful retest of that line, but somehow I have the feeling this could...
FPGROUP Trend: Bullish Rst: 0.895 Spp: 0.855 Bullish symmetrical triangle breakout means upside momentum will continue. High chance the stock will pave its way towards upper BB or level close to 0.91. Max level projected by Fibo Ext is 1.03
Hello all, This is just an update from my last chart better representing levels, just in case we continue our bearish trend. This chart, compared to our last, is charted on the daily rather than the 4 hour time frame. We have touched basis with our trend and rejected, if we don't make another move to break out in the next week i suspect we will be descending...
ABBV has formed a parabolic uptrend, with the presence of a falling wedge, which has led to a major bullish breakout, however still within the parabolic trend range. MACD also indicates a reversal taking place.
The counter is currently in range-bound movement in the long-term charts. It has formed an inverted head and shoulder at the lower end of the range in lower time frames. Hence, we expect the pair to move to the upper end of the range for now.
MUDAJYA - Bullish breakout from MA200, the magnitude of spike from RSI & MACD suggest further upside is there. Next resistance observable at 0.36/ 0.38/ 0.40 respectively. Support at 0.29
FKLI - 4 hours chart just experienced bullish breakout and MACD bullish crossover and rising RSI. Immediate resistance at 1,580 if break shall lead the index higher towards 1,600
Major bounce from the mid-term support trend line lead the price action to the descending triangle pattern. Technical analysis is neutral at the longer frames. Such situation is favorable due to BTC fluctuations. The positions is good for 1-7 days duration. At the short-term timeframe bullish flag is formed with a great breakout potential. The price is going to...