CDAY has formed an inverse H&S and is now trading close to it's 200 day moving average. However, the stock might not be on a sustainable uptrend just yet until it can clear the neckline around 70.80. With earnings expected on 2nd Nov (AMC), let's see if it could propel the stock above the neckline. When it does, it is still prudent to place an initial stop...
INMD seem to be a great study on chart patterns and fibonacci retracements! :) The stock first broke out from an Adam & Eve neckline @ 27.20 on 13 July, propelled 42% from here to a high of $38.76 (which was a 50% retracement up of the intermediate downswing AB). It then lost momentum and started a steep pull back, finding support only around 61.8% fib...
After having fallen a whopping nearly 79% from it's peak in April 2021, SAM appears to be finally turning the corner, after forming a rounded base in the past 7-8 months. It hit rock bottom on 16 June, right where it was a former low during Covid crisis (March 2020). A month later, there was a strong spike in volume due to earnings beat (by 1.11%, not too...
Despite the volatility, TOST is still showing superior relative strength to the market, now trading 66% above it's June's low of $12. A golden cross (50day MA crossing above it's 200day MA) might be happening soon, plus it is also trading close to the neckline of now a more apparent inverse Head & Shoulders Base. Perhaps these are signs that earnings (expected...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on DAILY: Left Chart EURCHF is approaching a resistance zone in blue so we will be looking for sell setups. Knowing that EURCHF can still trade higher inside the zone before going down. That's why we don't sell blindly, we always zoom in to lower timeframes and wait for the...
The AUDUSD price is in Bearish Head And Shoulders Pattern 🧐 the Neckline is broken ✔ so, i predict a bearish move 📉 im waiting for a pullback 📈 TARGET: 0.62051 🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
The techs are lining up quite nicely for CPNG so far with all 3 moving averages (20,50 and 200) about to cross up in the right order. A break up above the neckline @ 21.35 (esp with solid volume) will be a good buy point. However, it is probably prudent to test with small amount first and add if it pulls back to retest near the neckline (or pyramiding up is ok...
the USDCHF price breaks the daily Resistance level ,the old resistance becomes new support level ✔ the neckline of the double bottom is broken 🔥 so, i predict a bullish move 📈 TARGET: 1.00149🎯 if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
$XBI biotech ETF developing a possible inverted head and shoulders bottom formation neckline breakout 93.50
Hi traders, GBPAUD is setting up for a upside move the price is testing the support level and double bottom neckline.
The USDJPY price is in Monthly Resistance Level and Bearish Triple Top Pattern 🧐 the Neckline is broken and Retested ✔ so, i predict a bearish move 📉 TARGET: 136.438 🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hi traders, EURCHF is setting up for a long watch trendline breakout and look for long GOOD LUCK.
Welcome back! Let me know your thoughts in the comments! **AUDJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
TOST broke out of an Adam & Eve bottom formation on 10 Aug and has since been rather choppy, retesting the neckline support twice. However, this stock is showing strength relative to the overall market, having already almost doubled from it's May's low @ 12.00. It is in early days yet, expect some choppiness due to the overall market uncertainties but as long...
TWLO has established a strong support zone around 62 - 68 as can be seen on the weekly chart. Weekly bullish divergence in it's RSI can be seen since June while the stock was meandering lower, eventually hitting into the long term support zone and we finally saw a good bounce off this zone on strong volume yesterday. There is a good chance that this zone will...
The Pound appears to have put an end to its three-week losing streak with an attempt to stage a strong comeback after breaking out of the structure during the latter part of last week's trading session. As we head into the new week, I want to be looking for buying opportunities above the key level at $1.15750. Risk Disclaimer: Margin trading in the foreign...
Hi traders, USDCAD is setting up for a downside move watch price action and look for short GOOD LUCK.
RIVN had a high volume capitulation at the start of July and has since been forming higher low's and higher high's (apparent on weekly chart). It has retraced to retest the neckline support on 1st Sep (@ 30.70) forming a new higher low. The up trend is now apparent and clearly there is room to go higher in the mid to longer term Expect some resistance around...