The previous Ascending Triangle Pattern was bang on target. The triangles base support is now the Resistance. The price has no Trend. Zoom Out to find bigger patterns or trends. Short squeezed, a lot of stocks opened on an island. After rejecting 200 MA tech is sitting perched with only a gap down or up. Inflation and rising Energy costs are...
Will we break the zone, or keep it in this zone for some times?
DLTR is not one I play but I found this interesting. December is a bounce around and retest that resistance month for DLTR. I went back a few years and its pretty much the same. Due to the November election I believe it will be bouncing around from end of OCT until end of December. I will update this if a trend forms
No target, no trend Close the position, judging by the situation
LTC looking for a break we have now been in a downward trend for a few days, we are now in accumulation within the red channel the longer we are here the bigger the break. I will not be trading LTC until we confirm a breakout it could be days, weeks but once we close above the red line on top of channel its a buy. Current resistance is the 20 day EMA at...
TRST is currently going sideways but the RSI showing signs of a positive divergence and high probability we will break the channel high. You can profit from this until we see the break buy the red line sell the green line. Only sell the green line when you have see that you have a downward bar maybe go down to hourly candles for this. If we break the top green...