NYSE:AMCR broke out of its 2+months cup and handle chart pattern. I alerted to this setup on July 28th. Stock pulled back and made a deeper handle before breaking out in today's session.
NASDAQ:TITN the day is not over yet but so far, TITN looking like its on its way to breakout of its 2+ month consolidation to the upside. I came across this setup during my weekend research and have not had the chance to share it until now.
NASDAQ:GH has been moving sideways for 2+ months forming an ascending triangle with a very well defined resistance line. The stock reported earning last week and looks set to breakout this week.
NASDAQ:IDN been trading sideways for the last 3 months forming a cup and handle chart pattern. Earnings in 2 days so buying a breakout ahead of that, obviously, comes with its own added risk. None the less, i good setup to watch how it unfolds this week. Good luck.
NASDAQ:DLTR looks set to complete its 2+ month symmetrical triangle chart pattern. Once the breakout is under way, price should make a run to chart pattern price target identified on the chart.
NYSE:CHWY fell short of its rectangle price target by $0.40 cents. When you enter a trade, use your trade management skills to judge when to exist your trade. I posted about the breakout here.
NASDAQ:TTMI TTMI has been moving sideways for the last 2+ months forming an ascending triangle chart pattern that looks set to make its breakout next week. Chart pattern price target indicated on the chart.
NASDAQ:REAL has been trading in a trading range for the last 3+ months forming a rectangle pattern. The stock price is stilling right under 3 resistance confluences (200 MA, Weekly downsloping trend line, and rectangle resistance). A breakout above these 3 levels will set the stage to a leg higher and a trigger of a long trade. REAL reported earning this evening 08/06.
NYSE:HUM looks ready to breakout from its 3 months consolidation rectangle chart pattern. The company reported earning today and the stock seems to be heading for a breakout to ATHs.
Another very well formed 3 month rectangle chart pattern and this time on NASDAQ:FTNT . If the breakout takes place, the stock will be trading at ATH. Keep an eye on it.
NYSE:SWCH been trading in a tight rectangle formation with the price bouncing between $17 and $19. Earnings set in 2 days could be the catalyst for the stock to finally breakout starting the next leg up in the stock. Add it to your watch list and watch for a daily close above rectangle upper boundary for a long entry.
NYSE:UTI has been moving sideways for 3 months forming a well defined rectangle chart pattern. The stock has tested the $7.75 price level 5 times in the last few weeks. A break and daily close above that level sets the stock for a run to its chart pattern price target around $9.50, a 21% price increase from breakout level. Earnings coming up in 2 days. Add...
