This will have another entry or 2 around it's support ~23.20, and will breakout towards ~24.70. If it breaks through, resistance around ~25.50 by EOW. IMO
Price Target (PT): ~25.50
**I don't think we'll see $28.00 levels until March
1st one = 1344$ (triangle height) - red vertical line
2nd one = 1440$ (uptrend lenght) - blue vertical line
This isn't an advice, just sharing what I think might happen based on what I know so far.
Have a great one! XD
we see a support that it failed to break, it bounced on the level which was set on level 2 consolidation. this could be changed if they constantly trade around that zone. Sasol is best left alone for now as it is unclear with its movement.
SHOP has been in a trading range of ~$880-~1120 since June. It now has an inverse head and shoulders formation that has been formed over the past several months. The stock is currently retesting the upper resistance level and will be a good buy candidate on follow through strength.
This is an update for an ongoing $PFE position announced in an earlier post on October 2nd titled "$PFE Expect A Move Towards $41.94".
Currently, $PFE is still respecting the Ascending Triangle chart pattern, where after touching the slope of higher lows at around $35.50 to $36.00, it has flown past our optimal entry level of $36.36 to $36.46...
Gold in consolidation mode gearing up for its next move higher. Unlimited QE from the Fed + big stimulus on the way from the government should do the trick, it will likely stay range bound until then. Sit back, relax, and let the trade come to you.
Teladoc is in a longer term uptrend and has been consolidating since its all-time high in August at the time of the Livongo announcement. The stock made a bottom in mid August and another with a higher low in mid September, and the stock is now near the high end of its trading range. There's a slight pennant shape to the chart too and the stock looks poised to...
GBT is in the midst of a cup and handle pattern. The handle has a bullish inverse head and shoulders pattern in it. It would be good to see the stock close above $63.50 and move past its early October high of ~$64. Similar to the other trades, start a 25% position and scale it up on price strength.
CSIQ recently pulled back from a big run up and appears to have formed a double bottom. It's also starting to form a bullish pennant pattern that may or may not continue to develop. The stock seems likely to want to retest its high around ~$42
GTLS is a way to play the growth in hydrogen energy. The stock has a longer-term cup and handle formation with a short-term cup and handle within the “handle” of the longer term trend. There’s clear resistance at the $75 level, so a break upward through that would likely signal new highs for the stock and new trading range.
Building up for a massive buying zone now. Last chance for buying GDR it seems. Nothing changed on my previous count, this last Y triangle looks more classic triangle form finishing now.
News is this week for sure.
12x. zone is instant buy pressing while it lasts.