A tight ascending channel can be observed on Hermes. Other patterns also present include an ascending scallop, a rising wedge, and a bump and run. Volume looks strange. Unnatural.
SAP has been in a large upward trend. With a double bump and run, an island bottom, and a diamond bottom. Recently the price has been near a death cross however this has been averted with the recent price rise. Volume has recently seen a steady decline. Expect this bullish trend to continue.
Despite recently volatility and the formation of a ascending wedge, Qiagen is still maintaining its uptrend. Bump and run also present on the chart.
Sanofi is currently in an uptrend, with a bump and run present, a triple top and a new support formed from the mirror resistance level. A bull flag formation would be indicative of a trendline break.
XRX can be seen as displaying bullish signs, the real question is is this superficial or will these continue. Volume RSI shows strength, however CVI is steadily declining. A large rectangular bottom has formed, with a bump and run present.
A H&S can be observed in the past and a left shoulder has formed for another H&S, my basis for this is that price will be rejected at mirror resistance level and once head is formed it is very likely right shoulder will be formed. Various other chart patterns can be observed including a symmetrical triangle, which led to a strong upward breakout, and a bump and...
With 5G release imminent, Qualcomm aims to be one of the biggest exporters of this service, behind Huawei. This bullish fundamental analysis is also based on present chart patterns including a bull flag on the daily chart, a clear parabolic uptrend, a LARGE bump and run, a bullish MACD, and a possible break above the mirror top level that was provided by the...
0.94 Pearsons R value, Linear regression strong uptrend. Various chart patterns identified including, two bump and run tops, a double top, and currently forming an ascending triangle with a possible bullish breakout as a result. PNC is currently trading within a strong upward channel.
Nio is playing out a bump & run pattern on the macro charts with a price target of about $4. On the micro charts, Nio has just broken down out of an ascending channel and has found support around the .5 fib level just as it did in the previous small correction in the current trend it’s in. This area also contains support from the bottom trend line and the bump and...
DNZOY is in a long term uptrend, with three bump and runs observed on the monthly chart. MACD is showing possible signs of a reversal, this will happen after consolidation phase (period of indecision) ends and price rises sharply as it has in the past.
A falling wedge has sparked a bull run on AMD, with a PT of 100 I think this is entirely plausible. Bullish MACD, 0.91 Pearsons R value and HUGE volume. Possible short term reversal at mirror level but I’m confident this bull run will continue. Various other chart patterns are present including a bump and run, and a broadening ascending wedge, which may lead to a...
CSLLY has experienced many chart pattern formations over the years, including a horn bottom, an Adam bottom, an ascending broadening wedge which led to a bearish reversal, and is currently experiencing a ‘bump and run’ pattern. ~0.75 regression uptrend, overall very bullish even if a small bearish pullback does occur. A lot of bump and run patterns seem to be...
SNY has experience two bump and runs throughout the course of its listing. Will a third follow? If so will it be immediately or will further trend strengthening occur. The bump and runs also resulted in two triple tops.
PFE is a large pharmaceutical company that specialises in biopharmaceuticals. As you can see there has been a large bump and run from the upward trend in the past, which led to a death-cross. Gaussian channel shows a clear upward trend. Green fractal indicates a follow up bump and run.
RHHBY has seen two previous bump and run formations and is looking for a continuation with a third bump and run, indicated by the green fractal. These bumps form above the natural trend and a bearish reversal slowly follows. Again I recommend ‘Encyclopedia of Chart patterns’ By TN Bulkowski for anyone interested in learning some patterns.
WYNN is displaying bullishness, a bump and run can be observed in the monthly chart time frame. Which is a period of large growth above the trend followed by a run back to the trend. Also a possible cup and handle (it is a long shot) on the ADX. Currently the price is sitting on the bottom of the trend. Great long opportunity.
Bold has seen some significant bullishness in the past weeks with a strong upward move, causing a golden cross, this is due to factors other than TA. (Beyond TA). This may be a 'bump' with a pullback occurring in the near future to the major trend.
First bump and run pattern analysis, as you can see the price 'bumped' up from the upward trend leading to a round over then decline through the observed trendline. This is a bump and run reversal top, which often lead to a short term bearish correction. Feedback encouraged!