RIVN is forming a bull flag on the daily chart. Above 3 major EMAs. 16% short interest. First target would be a retest of the $28 high from July.
I'm shorting this, apparently is a bearish flag forming. You can buy puts too, give them some time like 2 weeks at least.
Stock has given a breakout of bull flag pattern with good volumes. Next immediate resistance is around 210-225 Keep a track on this stock and trade as per your analysis
I just posted a version of this channel on the 3 month chart timeframe, however looking at the month time frame I also found some bullish confluence to confirm this potential channel. A deeper correction now that we have retested the top trendline of this potential channel would not surprise me from here. I arbitrarily put the measured move lines for when we could...
DRREDDY price movement in the FLAG pattern range 1hour candle Breakout happen wait for DAY strong close above trend line, If happened Target would be 5950
This looks like a great setup for a mini swing trade for CFX. I longed here and hoping it plays out. Will definetly take small profits as it goes by. SL will be in between the flag. DYOR
Could be a breakout that was breaking above resistance around the $40.60 area. Not really liking how it never had any meaningful tightening like it did earlier around May / July of this year. As usual trend is up so we attempt to go along with it. We'll leave it to probability and let it sort itself out in the end. Risk managed by a stop-loss order & position...
Hi friends, nifty is looking bearish here, after 2 days continuous fall, it has taken a halt in the form of a bearish flag pattern, once the pattern breaks to the downside, more weakness is expected. please comment what does your analysis say.
TSLA “Tesla” delivery numbers came in better than expected. With us beeaking out of the previous descending channel and forming a bull flag we are technically priming up for a bullish move to the upside. They will also be releasing their financial for the full year after the bell…..this could draw in a lot of Volume this morning on TSLA if the full year beats...
Here I have EUR/JPY on the Daily Chart! Ever since price made its High on Nov' 15th, it has been in a decline. With current Price Action making a series of Higher Lows into Higher Highs all while the RSI is below 50 leads me to believe we are looking at a very convincing continuation pattern called a Bear Flag!! With the Bear Flag, we suspect Price will give us...
Very neat and Tidy - ready to go !! this is not a professional trading advise . Just wanted to show a very neat CUP and HADLE as well a FLAG ,all targeting UP.
BITSTAMP:BTCUSD Weekly Chart Price Target for bitcoin. Bullish consolidation refers to a price pattern observed in financial markets, particularly in stocks or other securities, where the price of an asset temporarily pauses its upward trend but shows signs of maintaining a positive bias. During bullish consolidation, the asset's price may trade within a narrow...
Back in October ACHUSDT confirmed a Double Bottom at the PCZ of a Bullish Gartley and has since climbed back above the major Support/Resistance Zone represented by the green horizontal line as well as the 200 SMA and 55EMA and has formed a Channel of Ascending Consolidation. In addition, it is doing this while trading to the right of a previously Bearish Trend...
On the above 3-day chart price action has corrected an astonishing 95% since mid 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Regular bullish divergence as measured over one month. Looking left 10 is highest number of oscillators to print positive divergence with price action. 3) Price action prints...
NIO is forming a bear flag on the daily time frame. Solid support at $8.88(also the 50 moving average), but once support is broken it becomes resistance. If NIO doesn't hold $8.48 to fill the gap.
This is a very recent project, so please be careful. That said, I'm positioned on it very quickly at its listing on CMC (I bought between 0.02 and 0.03) because I think it has great potential to make several multiples to the upside in the coming months and bullrun. The website : ordizk.io
A few days ago I made an analysis on BTC and the bull-flag it was trading in. My expectation was that Bitcoin would move down towards the bottom support and reverse from it to keep the trend intact. As of earlier this morning, BTC has retested the support and has bounced from it. Time will tell whether the support will actually hold in the longer term. This is...