The price has formed a bullish flag and it broke out to the upside therefore we expect it to continue its uptrend. To confirm this thesis, the Macd indicator shows bullish momentum which indicates the price to rise. Target and stop loss like in the chart.
The price has formed a falling wedge. We are expecting the price to break into the upside. We are looking for a retracement to the 50% fib zone.
Target: 1.531
Entry: 1.463
1.437
The price has been on a downwards trend. We are expecting the price makes a correction to the resistance line and afterwards the price will continue on its downwards trend.
Target: 0.916
Entry: 0.929
S&L: 0.935
The price has formed a falling wedge, in addition to the higher lows. We are expecting the price to break into the upside. We are looking for a retracement of 50% fib zone of the Fibonacci extension.
Target: 0.758
Entry: 0.735
S&L: 0.728
The price just finished the ABC correction and is now in the accumulation zone. We are looking for a retracement of the 50% fib zone in the Fibonacci retracement.
Entry: 16.17
Target: 33.08
S&L: 10.29
The price has formed a falling wedge. we except the price to break into the upside. We are looking for a retracement of 50% fib zone of the Fibonacci extension.
Target:1.403
Entry: 1.368
S&L: 1.352
The price has formed a rising wedge. We are expecting that the price will break into the downside. We are looking for a retracement to a 50% fib zone of the Fibonacci extension.
Target: 58.44
Entry: 102.77
S&L: 115.66
CQP's stock is in a period of consolidation since the pandemic's burst out in early March last year. Since then, it has been forming an ascending triangle pattern, making higher-lows and same-level highs.
The next few weeks, the price will break the upper resistance and start moving upwards, in a possibly strong uptrend.
The setup presented on the snapshot is...
