Align Technology has trended steadily higher for years. Now, it may be poised for a continuation to the upside after 4-1/2 months of consolidation. The main pattern on ALGN’s chart is the ascending triangle with a top around $610. A breakout through that resistance zone could bring fence-sitters off the sidelines. Second, notice the bullish price action around...
If you read Mark Minervini's books, you will recognize this as a Volatility Contraction Pattern (VCP) with 4 contractions. Looking really good for this upcoming week and will be on my focus list.
The last three earning reports have been surprises to the upside. Wave 3 of 3 has a target ofd $836 based on the typical 1.618 extension.
My advisor Marketmiracle gave an input signal for the stock ALIGN TECHNOLOGY $ALGN at a price of 588.09 usd with a target of 634.1391 with a possible profit of 7.83% According to the chart the stock seems to actually want to continue to rise despite the laggera situation of over-bought, the rest less than a month ago has delivered excellent results with a...
ALGN: Align Technology, Inc. 2021-05-13 16:00:00 Align Technology Announces a New $1 Billion Stock Repurchase Program
I've been waiting for an entry on $ALGN. They reported earnings last week with a beat and higher guidance. It's been a tough market but I expect to have a breakout of the cup with handle formation. Looks like it has a nice shakeout going here. The proper buy point is the top of the handle. I like early entries as a starter position so I have an alert set just...
MY CHART NEVER LIES During the pandemic, orthodontic services have been restricted. ALGN allows patients a safe, lower-cost way, to achieve their goal for a better dental appearance. Patients work with orthodontists, but wear an aligner for their teeth that is not visible to others. Management just amped up their sales expectations to $3.7-$3.9 billion for the...
This is one that I have been waiting for the stock to break up into the pivot to get long and I just had an entry alert go off with earnings report out . I like the story, fundamentals and see it as a leader. Here's what I see . Funds holding 57% of float and number of funds increasing every quarter eps , with exception of 2020 is increasing (2020 was still...
Two gap up ER, with one gap and go took the stock from $300 to $600. Wave 3 of 5 is next. 1.618 extension should take this stock into the thousands.
📌Short intro: Simple ideas - No junk * Full time trader - analyst * High accuracy of ideas * Technically and Fudnamentally side in analysis * Comment if have any questions or like if want to send support * FX - STOCK - CRYPTO * 💡 ALGN technically based idea, we can see price is bounce from bottom trend line, technically indicators showing we can expect higher...
Hello fellow traders and investors, here's another trade idea. ALGN has recently formed a descending wedge, if ALGN makes a recovery it offers a 20% ROI. Technicals: The Macd indicates that it's oversold The EMA's are in a downtrend When To Buy: When it breaks out of the wedge. When To Sell: I recommend selling at its previous high offering around a 20%...
We call this pattern a regular flat Elliot Correction Wave. I think this looks ready for lift off!
ALGN investing.com -> B SS SS SS S SB SB SB SB Relative Volume: 1.07 Tested Fib Extension 2.618 twice Monthly: Uptrend Weekly: Uptrend Daily: Uptrend MA: Blue > Red SStoch: Red > Black (Near OB) MACD: MACD > Signal RSI: 62.18 (Downwards) Put/Call Ratio: 0.67 TF1D Break-out at 613 TF1H Confirmation: Green Volume
The PEAD projected a bullish outlook for $ALGN after a positive under reaction following its earnings release placing the stock in Drift A If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Watch this one, if it breaks $600 I think it fills teh gap. Earnings were pretty solid, I would expect this to resume the uptrend after it fills the gap.