NASDAQ:COIN Weekly chart shows a wonderful pattern of bull flag finding support at what was once a resistance. If plays out as expected, another 60% move likely in the next 12-18 months.
nVidia had 5-6 month consolidation with VCP chart structure. It broke out of that yesterday in high volume. Usually this indicates more upside to come if the overall market is conducive.
NASDAQ:MELI shows nice resumption and breakout into upside. Clear on the monthly chart shown. Likely to March towards its all time high price in the coming months.
Scottish Mortgage Investment Trust is going through stage 1 base and looking to breakout to stage 2 uptrend after falling over 53% during the stage 4 downtrend. Chart pattern looks interesting.
NYSE:ANF - many bullish indication and price action. Possible resumption of Stage 2 uptrend Teal moving average line is 30MA Bottom panel: Mansfield Relative Strength
NASDAQ:TTD - VCP breakout set up but volume on breakout is lacking. Could be a potential winner but worth watching closely. I have an earlier aggressive entry from couple of weeks ago.
After reclaiming the KMAs on weekly timeframe, NYSE:ZTS consolidated and now breaking out on high volume after positive earnings reaction last week.
NYSE:PNR - Price is within the consolidation base but 6-7week consolidation breakout within the broader consolidation. Further bullish confirmation: Price above Key moving averages on daily, weekly and monthly charts MACD positive on D,W,M timeframe. MACD just turned up positive on weekly and monthly chart - possible new longterm bullish momentum. Positive...
Breakout to ATH. Technical analysis suggests a move to $300 (Profit zone 1) and FWB:340 (Profit zone2) is likely over the next couple of years.
My trading strategy gave ‘Long’ entry signal on 22July. Previous support level of $28000 is likely the next target level to watch.
Nice support and resistance analysis. Previous resistance acting as support now after the breakout. It retested the support and attempting to resume uptrend towards all time high. I’m bullish on Gold.
Bull flag / high right flag on Weekly chart pattern on $GFI. With further up trend in Gold price this could potentially give a 4:1 RR about 30% return as shown in the chart.
$PLTR provides a nice example of how AVWAPs (white line) can be used to identify support and resistance level. In addition the price has also recently broke out of $27.5 resistance level (green line) I expect further upside.
Salesforce : $CRM - breaking out of its year long base. 25% deep base. If broader market helps further upside likely.
Bitcoin just broke out of the falling wedge from previous high - potential next uptrend to resume. Look out for the previous resistant levels
Gold had a false breakout before but currently at previous support zone. I’m bullish long term but watching if it gets support at this zone and pushes up or not.
I was hopeful to see a breakout of the downward trend line on daily chart but only for it to reverse within couple of days back below the line. A fake breakout / failed breakout. Will wait to see what happens over the coming days.
Gold setting up nicely to resume new uptrend and new highs soon