Had not heard of this company until today. Technical set up made me do a quick look at the company. A transformation makes sense to me. Earnings this week Cutting edge COVID testing technology Bullish market conditions
Boeing is looking to breakout the downtrend here. It has been doing this pattern and breakouts ever since the covid crash and we have another instance here. BA has consistently been creating these downward wedge patterns and breaking out. With the increase in vaccinations and covid issues starting to decline, and businesses and travel opening back up, this could...
PAR: NEWS: PAR Government Systems Corporation , a wholly-owned subsidiary of PAR Technology Corporation (NYSE: PAR), today announced that it has been awarded a $490,400,000 ceiling, single award, indefinite-delivery/indefinite-quantity contract with cost-plus-fixed-fee completion and firm-fixed-price type orders for Counter-small Unmanned Aircraft System...
If we consider MANA past leg , chart gone from 0.6 to 4... We see a Ascending Channel Pattern Fibo is saying everything () TP : Fibo extention of the break out leg from wedge SL : Fibo retracement Note : As always this is just an idea open positions at you own choice of risk
NZDUSD broke out of the falling wedge, then it tapped the head of the range multiple times and then reverses. Resistance turns to support on the wegde pattern. Price finding it hard to break into the range again, will it break. touch the resistance of a new downtrend or the Bulls comes in one more time? Anticipating a clearer view....
After the wedge breakout, EURNZD should rise up to price 1.61550 with SL at 1.61050 Feel free to adjust your SL and TP Trade it wisely😎
A descending trend line since the ATH yesterday is visible on the hourly chart with multiple spikes occurring due to pump and dumps and/or covering of short positions (though I have not done enough research on short interest on MANA - likely bag holders are exiting positions with each new spike). $2.557 seems to be a crucial price of supply meets demand since...
WEEKLY CHART This is a classic falling wedge pattern! (I'm a little late to the party.) - Strong volume - Break above $107.10 (break above 50MA) should confirm a continuation of the bullish trend. - 50MA could create some resistance around $101-$103. I like Z $120 Call 1/21/22. I'm already in. (avg. $2.40)
#CRVUSDT Waiting for the Breakout Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
Wedge breakout Entry 107.5 Stop 100 Target1 120 Target2 135 Risk management is much more important than a good entry point. The max Risk of each plan should be less than 1% of an account. I am not a PRO trader. I trade option to test my trading plan with small cost.
After clearly respecting uptrend, price formed bullish wedge atop previous ath levels. Price broke down trend consolidation as well as middle zone, and is headed to new all time highs. My target profit is located at 1.618 fib level (highly respected level among cryptos). Perfect time for entry imo!
Wedge breakout, revisit trendline ABC Patten: Swing A crossed SMA50 (1st) and SMA200 (2nd), Wave#1 Swing B tested SMA200 as support. Wave#2 Swing C will be not less than A; Wave#3 Entry 16 Stop 14 Target 22 I am not a PRO trader. I trade option to test my trading plan with small cost. The max Risk of each plan is less than 1% of my account. If you like this...
ALICE UPDATE! Cleaned up the chart. Target 1 met, we have 2 more short/medium targets to hit. Long term target $190, NFA.
TCP broke out of the wedge and hit my target of $0.3500. 7 DAY SPOT PROFIT OF 135%, NOT FINANCIAL ADVICE.
A break on the Wedge on GBPUSD daily timeframe could be a great opportunity to get upto 3000 pips A sell order should be placed when price goes below the 0.5 fib level. TP and SL should be decided based on the nature of the trader. Remember to trade wisely😎
After wicking itself a support, dYdX has coiled up and popped out of its descending wedge. I've taken the trade at $22.900, looking to take half profit after reaching $29.000 and the rest at $38.000. Stop loss set at 19.900. A retest would of been preferable but the wicked support gives me confidence in taking the trade. Let me know your thoughts below.
SHIBA INU, relatively new coin and "meme coin" has potential to break out of this wedge and range it has been stuck in for some time. With BTC and ETH starting to run, I think the altcoins and bigger named small cap coins will begin to run as well, from FOMO, meme potential, and just more and more people entering the crypto space. I will be entering with a small...
Sofi was on track to break ATHs but ran into some trouble at earnings (overreaction). The fundamentals are still solid and the bottom of the wedge is holding support. Last couple days the CEO bought $100K worth of Sofi ,institutional ownership has gone up, and last lockup period has expired this week. Sofi is set up nicely to breakout and get back on track to hit...