The stock has given a breakout. One can buy the stock on a retracement to the Rectangle chart pattern boundary.
Two month-long Ascending Triangle
Looks ready to move next week with price closing above rectangle and symmetrical triangle resistance today.
Downsloping weekly trendline around $12.25 should act as resistance on a breakout (use as price target).
8 Month-long Inverse Head and Shoulder Pattern. Righ shoulder of the 8 Month-long H&S is again Inverse Head and Shoulder Pattern. Highest weekly closing ever with considerable volume. The stock is respecting 21 EMA.
I have alerted to the breakout here and the flag setup post breakout here
The upper boundary of the symmetrical triangle is also a weekly down-sloping trendline.
Earning tomorrow but interesting consolidation post symmetrical triangle breakout.
upper resistance boundary have been tested more than 4 times. Price knocking on that door again in today's session.
2 things acting as headwinds to the breakout. 200 MA just above pattern boundary & $65 will act as strong resistance. Otherwise, I well defined cup and handle chart pattern.
Multiple tests of rectangle resistance setting up for a breakout run.
Filling the gap after 4 months rectangle breakout
Bullish chart on a casino/gaming stock in the midst of a pandemic!
Broke out from 3 months #CupandHandle chart pattern yesterday to ATH
3 months Cup and Handle chart pattern forming on daily chart of NYSE:EXR
AMEX:NG been trading between $9.80 and $8 for 3 months forming a rectangle chart pattern. A down sloping trend-line is now also conversing with the rectangle resistance boundary. Breaking these 2 resistance levels will add to the validating of the breakout and triggers a long entry.
NASDAQ:SIEN forming 3 month descending triangle with $3.55 acting as support. A decisive break of that level would set the stage to short setup entry.