ZS had a gap up due to earnings back on March 1st. The stock saw a rise in price within a bullish price channel but was creating a bearish divergence with the RSI indicator. Even with the pullback, the price remained in the bullish channel until it broke down in mid-August. Another earnings report in September led to a gap down that created an Island Reversal...
DRI had a gap up on an earnings announcement back on March 21st. The top of this gap became support while the stock price continued to rise. This rise in price created a bearish divergence with the RSI indicator. The earnings release in September led to a gap down. The price actually consolidated just below the March gap. Friday's trading has the price testing...
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DIS has slipped down after reaching new highs on the short-term trend. The stock gapped up in April with a Shift of Sentiment™ indicator pattern. However, Dark Pool Quiet Rotation™ has been weighing heavily on price in recent months.
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WELL WELL WELL Showing signs of a a continuous uptrend pattern overall and currently trading above the 200sma on the daily chart. Price history shows SMA50 is known to act as a major support when there is a pull back during an uptrend. Potential long position available. Price gapped up today showing signs of strong momentum and intraday price has now broken...
I was messing around with my charts and noticed that SPY and XLY (Consumer Discretionary) are diverging. Looking back in time - with the exception of one littler divergence a couple years ago - I can't find anywhere else this has happened. Is this maybe a sign that the consumer is getting overly confident? When fear is turned off, things eventually get out of...
HKEX:596 the latest trade day it gap up and opens at 3.88, which is a resistance of previous top. It also break the fractal with high volume, which is a good signal that the break is valid. This fractal is also the neck line of the double bottom. As a result, we first see the reaction of the market when it reach the target, which is the resistance area. If it can...
Enphase Energy is gaining momentum as it continues to defy the overall bearish sentiment of the stock market. It gapped up on High Frequency Trader action recently, and is continuing an upward trajectory.
The small gap at 9865 got filled, the next target can be the big bearish gap at 11599. The price can make a wick to top of channel. I have my own sell order at 11700 (maybe I lower it under 11600). Then price will go down to fill in the gap at 8488 in middle of Aug. In 2H time frame RVGI turning upward. This is just my thought. Don’t trade based on it.
GS continues to struggle to break out to the upside from its trading range, which started after a High Frequency Trader gap up last January. There is Buyback activity as well as Dark Pool Quiet Rotation™, and those Buybacks are holding the stock in this range.
This stock has been beat down with opioid lawsuits. It got a bump from Oppenheimer giving it a $12 target. I am going for $10.50 target. I have opened a Bull Spread on this stock. Trades to open position No. Price Total buy 20th Sep $8.00 Call 15x100 $1.80 $-2700.00 sell 20th Sep $13.00 Call 15x100 $0.21 $315.00 Total $-2385.00
Microsoft gapped up on earnings in April. However, the pattern has weakened since then with gap down action. The stock is now at risk of losing a potential top candlestick pattern formation unless corporate buybacks are instigated to maintain the price level.
SEE has one of the harder tops to identify before the collapse called a Sheer Cliff. The rounding price action occurs because larger lots are carefully selling into rising prices. The Sheer Cliff occurs when buyers disappear. The stock is holding at the gap up support level.
CSX Corporation completed its intermediate-term bottom with a gap up to a new consolidation price level. The stock has not filled this smaller gap at this time.
TWTR gapped beyond the trading range highs after a strong earnings report. If TWTR can hold above the prior trading range highs, this will be a completion pattern. Note the compression of price near the highs of the trading range prior to this big gap.
FAST moved out of its sideways pattern and gapped, then ran up to a new all-time high. The stock is at risk of profit-taking due to the angle of ascent of the price action and the overextended technical indicator patterns.