WEC entering breakout mode closing above $96 last week. The stock could start its run against its all time highs around $105-$107.
I was shaken out on Sept 11th (w/profits) on that big red bar only for the stock to turn around & reach target.
Watch EMN next week. The stock held up extremely well with the broad market selling off. Higher prices might be in the works next week.
NYSE:FICO had 2 daily closes above its ALL time highs showing signs it wants to breakout of its 2 months rectangle consolidation chart pattern. Keep it Simple!
NASDAQ:CWST is forming a 5 and a half months Cup and Handle chart patter on weekly scale. A decisive daily close above pattern horizontal resistance will set the stage to a sizable rally and into All time High (ATH) territory. #KeepItSimple
and there goes REAL. Breaking out of its 3+ months rectangle chart pattern. Rectangle chart pattern price target added to the chart. i have alerted to this stock twice before. here is the latest chart i posted right before the breakout explaining why this setup is very promising and high probability trade.
It doesn't get any better than this. 3 plus months of consolidation with a clear chart pattern horizontal resistance line. Stock held up pretty good in today's market reversal and sell off. Get this on you watch list.
3 reasons to like this rectangle breakout chart pattern. A daily close above $36.75 will: 1) Confirm breakout above 200 MA 2) Clear 2 month consolidation chart pattern 3) Clear weekly down sloping trend line (red dotted line on chart)
A 5 months consolidation pattern (low volatility period) will ultimately lead to a trend.
RYAM showing relative strength with buying pressure the last 3 days and breakout from 3 month ascending triangle chart pattern today. Price target up around $5 and identified on the chart.
NYSE:HUM completed its rectangle consolidation pattern today with the breakout and close at ATH. Swing target added to the chart. I alerted to this pattern here
Descending triangle is bearish in nature. A confirmed breakout (daily close below chart pattern support) could start the next correction phase for gold and take it down to $170/$169 area. I would also be playing the failed chart pattern (close above triangle down sloping line) for a run back to bull market high.
I posted about the rectangle setup back on July 27th when it was forming. Today, Visa hit its #rectangle price target. here is the post from 07/27
Possible long play with flag breakout and test of August high.
Looking for a potential flag breakout and a run back to March and July highs.
Been consolidating for 4 months forming a rectangle chart pattern. A daily close above rectangle resistance would set the stage for the next leg up.
DLNG has formed a 2+ month rectangle flag pullback setup after a strong rally from April low. A daily close outside of the bullish flag should set the stage to the next leg up.
Working on possible right shoulder. Interesting chart to watch how it unfolds in the next few days. A flag breakout could set the stage to test pattern neckline with a possible breakout thereafter.