At present, the market has reached the resistance level again. From the indicator point of view, there is still room for growth. For the time being, we will observe the 2277-2289 range. The support will first be around 2263, followed by 2256-2252. If it falls below, consider around 2232. At that time, the pattern may be head and shoulders, which also means a...
Workday with an interesting chart - obvious head and shoulders with an obvious gap below it. RSI looks meandering, but considering it's recent trend something tells me its too obvious, but we'll see. If this breaks down, I would guess it retests the 230-240 area after the filling the gap. If it bounces, look to the 278-283 area for resistance.
Head & Sholuder break out with good volume Keep in radar, target is same as length of head of the pattern
4H Inverted Head and Shoulders 30min Inverted Head & Shoulders as well. Expecting a pull back to 1.26180 area before continuing to the upside. Looking for TP area at 1.28000 .
30m Inverted Head & Shoulder. Top of pattern is the breakout for another inverted Head & Shoulder on 4h. See link below.
Metaverse play Looking good for a decent PUMP You have your older metaverse projects But high street is fresher play for this cycle should have periods of high growth.
I have looked at the charts of Moderna and explained why I'm so bullish this stock as well as the general sector. We should expect a catalyst show up in the news in the very near future which should cause a big spike in this sector and that cannot be good for the overall market.
I've drawn the potential Elliott Wave structure here. And now I have a short bias based on that. Now there are 2 possible entry points in NVDA: a potential right shoulder formation that will give us a limit short price, and a break down stop order price.
Just some TA I gathered from drawing some lines, Could get rejected for not and carry that moment to the top of the head, bottom? If it plays, it would lead to a highly supported area, and more stronger support lines that could give it that bounce to continue to new ATHs
AMZN is breaking up for a +82% potential gain. A clear Head and Shoulder (H&S) figure, seen on a weekly chart, shows a possible move from 146$ to 266$. It should be good to wait to a bit to make sure that the breakup is better engaged. And, that is not case right now. So, for now, we need just to place one alarm over this situation at 152.00 and another one...
As we can see that Head & Shoulder pattern has been formed on USDCHF so we can plan short positions over here. For Target refer to the chart above.
As we can see that EURUSD is forming a inverted H&S pattern so we can plan long trade over here. For Targets refer to the chart above.
I caught the breakout of this HTF selling channel and sold at the top. We are now retesting the orange selling channel with support from our strong buying teal channel and below it, yellow. With banks announcing earnings in a little over a week, this could see us at $100 really quickly Happy Trading :) - TraderDaddyOG
Tapering Tapering Tapering! Looking for a buying continuation activation and breakout of our controlled selling algos. If you look on the daily chart as well, you'll see a massive (beautiful) Inverse H&S pattern forming. Happy Trading :) - TraderDaddyOG
Regarding yesterday's data, my view is to go short, with the target near 2269, and we finally succeeded in making a profit. After the market fell sharply, there was a small rebound. When it was near 2270, I also reminded everyone that there will be a rebound, and the resistance level is 2279-2286. As I expected, it was blocked near 2279. Now I continue to...
NASDAQ:AMD AMD clear Head and shoulders pattern price filled gap and broke downside could see 150 - 145 Put Protection for positions or exit.
I find it more like an inverted head and shoulder and then a break out. correct me if i am wrong
I see potential RSh breakout today. Need to see Volume as a confirmation.