GE and the whole Aerospace and Defense industry have been relatively strong as of late. However we are entering into the Memorial Day weekend and the low volume that comes with it. On May 8th General Electric’s price pushed up to the $170 level, a level with a large amount of options interest. This $170 strike is considered the Call Wall and an area of large...
NAS100 has reached a new all-time high and now is starting to create a head & shoulders formation. My prediction is that the SHORT will take place between 23-24 May.
iHS + 8h Cloud breakout Bonus: also had an A&E in the R shoulder entry: accumulate when confident, add on breakout, add on neckline exit: 1.618 + measured move stop loss: <R Shoulder NFA
In this chart of BINANCE:BONKUSDT , the coin is forming a head and shoulders pattrern, citing a possible bearish move for the coin on a day trading perspective. But why am I bullish for the coin? More details on the idea thread below.
AMEX:SLV ETF Inverse Head & Shoulders Pattern & 50% Fibonacci Resistance. Silver will need to consolidate before it can break higher to the blue line. The Inverse Head & Shoulders (IHS) pattern is a bullish reversal pattern in technical analysis, typically appearing at the end of a downtrend. It is characterized by three distinct lows: 1. **Left Shoulder:**...
NASDAQ:RIOT Inverse Head & Shoulders, our algorithm currently show a a sell alert large red dot, we are bullish bitcoin and so not we wait for a large green dot to accumulate. Riot Platforms, Inc. (formerly Riot Blockchain, Inc.) is a publicly traded Bitcoin mining company based in the United States. It operates large-scale Bitcoin mining facilities and focuses...
Multi-shouldered Multi-headed inverted head & shoulders with a bullish daily Cloud entry: accum when confident, add on breakout exit: 1.618 + measured move $11.80-12.69 stop loss: <R Shoulder $9.00 NFA
Low timeframe iH&S has formed since the previous earnings entry: accum when confident, add on breakout exit: 1.618 + measured move 178-187 stop loss: <R Shoulder 154 NFA
iHS + 8h Cloud breakout, further confirmation on bullish kumo twist entry: accumulate when confident, add on breakout exit: 1.618 + measured move $0.20-0.23 stop loss: <R Shoulder $0.15 NFA
AMD's inverted head and shoulders pattern indicates a possible shift in market trends, but only time will tell. Furthermore, investors are eagerly awaiting the upcoming NVDA earnings report, which could fuel further speculation in the stock market. NASDAQ:AMD
We will wait for the Breakout of Head & Shoulder at 0.66440. Sellers will remain in control after the price crosses down the neckline support. Before forming Head & Shoulder, we have observed Bearish Divergence.
Hi Guys! As always i try to bring ideas that catch my attention on the macro timeframes. The one that got my attention is Coinbase (COIN). Ive been tracking coinbase for some time now, ever since i discovered the Inverse Head and Shoulders pattern. (Ill be putting the link to that idea and others related to COIN below. This current analysis will be assessing...
Last week CRYPTOCAP:PEPE broke out of an inverted head and shoulders formation and it seems to be correlated with mania surrounding $GME. We have since retraced much of the move to retest the pattern's neckline and so far it has held. Looking for price to move now to 0.000012-0.000014 in the short term, which would be up to 50% gain! On the shorter timeframe...
Budweiser chart looks constructive expect some Clydesdales advertising over the summer with strong American branding! The outrage over the recent debacle will pass as thee news cycle has already passed :)
It's a scaling solution. It has a big gaming component. It's a low cap. all the ingredients necessary for the possibility of delivering outsize gains.. Let's get to the halfway point and assess the likelihood there.
BTC/USD bulls have been making a comeback since forming a low of $56,478 and recently completed an inverted head and shoulders pattern (left shoulder: $59,559; head: $56,478; right shoulder: $60,165). Yesterday’s rally ventured through the pattern’s neckline, a descending line extended from the high of $67,273. What is interesting from a technical standpoint is...
Judging by the indicators like MACD and RSI, and the general behavior of Eth, it seems like it'll retrace this move overnight, maybe a day or so, then go back up again! It's hit its 12-3 Fib (3 wave move) targets in the 1 hr time frame over the last 2 1/2 weeks setup. Eth put in an Inverse H&S in the last 5 weeks and satisfied the move, now it will most likely...
Hi guys! 👋🏻 🔔 Bitcoin is back up after a slide to supports at $60500 🔔 There's a possility of a continuation of an uptrend up to $70100, where CRYPTOCAP:BTC will hit the dynamic resistance and upper band of the flag. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.