Company: Northrop Grumman Ticker: NOC Exchange: NYSE Sector: Defense Introduction: Hello, and thank you for reading this analysis. Today, we focus on Northrop Grumman (NOC) on the NYSE. The weekly chart shows a potentially significant head and shoulders pattern that deserves our attention. Head and Shoulders Pattern: The head and shoulders pattern is a...
Company: Lam Research Corporation Ticker: LRCX Exchange: NASDAQ Sector: Technology Introduction: Greetings, and welcome to today's technical analysis of Lam Research Corporation (LRCX) on the NASDAQ. We're focusing on a 13-month-old inverted head and shoulders pattern, suggesting a potential bullish breakout. Inverted Head and Shoulders: The Inverted Head...
Company: ANA Holdings Inc. Ticker: 9202 Exchange: TSE Sector: Air Transport Introduction: Hello and welcome to today's technical analysis. We're turning our attention to the weekly chart of ANA Holdings Inc. (9202) on the TSE, which is demonstrating an exciting Rectangle pattern breakout that could signal a bullish reversal. Rectangle Pattern: The...
Company: Garmin Ltd. Ticker: GRMN Exchange: NYSE Sector: Technology Introduction: Greetings and welcome to today's technical analysis post. Today, we're looking at the daily chart of Garmin Ltd. (GRMN) on the NYSE, featuring a distinctive Cup and Handle pattern acting as a bottom reversal. Cup and Handle Pattern: A Cup and Handle pattern is a bullish...
Company: Costco Wholesale Corporation Ticker: COST Exchange: NASDAQ Sector: Consumer Defensive Introduction: Greetings and thank you for taking the time to read my analysis. Today, we delve into the weekly chart of Costco Wholesale Corporation (COST) which has been forming a symmetrical triangle pattern for the past 12.88 months. This pattern is typically a...
Company: Cintas Corporation Ticker: CTAS Exchange: NASDAQ Sector: Industrials Introduction: Greetings and welcome to this analysis. Today, we are analyzing the weekly chart of Cintas Corporation (CTAS), containing a potential Cup and Handle pattern, indicating a bullish continuation, has formed. Cup and Handle Pattern: This Cup and Handle pattern is a...
Hello, and thank you for joining me in this analysis. Today, we delve into the current state of Bitcoin (BTC), highlighting the formation of a head and shoulders pattern and potential breakout scenarios. Head and Shoulders Pattern: The head and shoulders pattern typically signifies a trend reversal in technical analysis but it can also act as a continuation....
Company: Bitcoin Cash Ticker: BCH Exchange: Binance Sector: Cryptocurrency Introduction: Hello, and thank you for reading this analysis. Today, we are examining the weekly chart of Bitcoin Cash (BCH) on the Binance exchange. Our attention is drawn to a consolidation phase that is taking the shape of a Rectangle pattern, suggesting potential reversal from the...
Company: Sony Group Corporation Ticker: 6758 Exchange: TSE Sector: Electronics Introduction: Hello and thank you for taking the time to read my post. Today, we analyze the daily chart of Sony Group Corporation, focusing on an interesting combination of two price patterns, an inverted head and shoulders and a cup and handle pattern. This combination provides...
Company: Toyota Motor Corporation Ticker: 7203 Exchange: TSE Sector: Automotive Introduction: Hello and thank you for taking the time to read my post. Today, we analyze the daily chart of Toyota Motor Corporation, focusing on a potential Rectangle reversal pattern. This pattern may indicate a change in the trend and offers trading opportunities for both...
Company: HP Inc. Ticker: HPQ Exchange: NYSE Sector: Technology Introduction: Hello and thank you for taking the time to read my post. Today, we analyze the weekly chart of HP Inc. (HPQ), focusing on an interesting price pattern, an ascending triangle as a reversal pattern. Although rare, ascending triangles can indeed act as reversal patterns, offering...
Hello and thank you for taking the time to read my post. Today, we analyze the chart of JASMY/USDT on the weekly scale, focusing on an interesting price pattern known as the "Cup and Handle Pattern." This pattern suggests that JASMY/USDT could be signaling a potential bottoming and reversal after a downtrend. Cup and Handle Pattern: The cup and handle pattern...
Hello and thank you for taking the time to read my post. Today, we analyze TRON (TRX)/USDT on the weekly scale chart, focusing on an exciting price pattern known as the "Inverted Head and Shoulders Pattern." In our analysis, this pattern suggests that TRX/USDT could be a strong candidate for an upcoming breakout to the upside. Inverted Head and Shoulders...
Introduction: Hello and thank you for taking the time to read my post. Today, we analyze the ARPA/USDT chart on the weekly scale on the Binance exchange. We focus on a classic price pattern called the "Rectangle Pattern," which serves as a reversal indicator in this particular case. Rectangle Pattern: The rectangle pattern is a consolidation pattern that...
Hello and thank you for taking the time to read my post. Today, we analyze the Binance Coin (BNB) chart on the USDT pairing on the weekly scale, focusing on a classic price pattern called the "Ascending Triangle Pattern." Ascending Triangle Pattern: The ascending triangle pattern is a bullish continuation pattern that usually forms during an uptrend. It is...
Introduction: In this analysis, we'll look at a short-term trading opportunity based on a H&S continuation pattern. The pattern is already formed, and we're waiting for a breakout over the right shoulder to confirm the continuation. The trade has a high potential reward, with a price target of 34250, and a manageable risk with a stop loss at 28835. Chart...
Company: PPG Industries Ticker: PPG Exchange: NYSE Sector: Materials Introduction: Hello and thank you for taking the time to read my post. Today, we analyze PPG Industries' chart on the weekly scale, focusing on a classic price pattern called the "Rectangle Pattern." PPG Industries is a global supplier of paints, coatings, and specialty materials, traded on...
Company: Marsh & McLennan Companies Ticker: MMC Exchange: NYSE Sector: Financial Services Introduction: Hello and thank you for taking the time to read my post. Today, we analyze the Marsh & McLennan Companies (MMC) chart on the weekly scale, focusing on a classic price pattern called the "Rectangle Pattern." Marsh & McLennan Companies is a global...