Break under 59. on SOW would give us even more confidence that it is in fact starting to move toward the 40. area.
Since when under the 70. area on the 6th July after the print of a bearish engulf. with major supply presence., price made attempts to break to the upside with failure to do so.
For more development about it just holla in the comments.
The price formed a nice cup and handle pattern and also broke a recent bull flag. Due to the fact that we are at a significant resistance area I would consider to enter the trade when we close in combination with a high volume over 90$. The price target is 120$ (1:1 projection of the range of the cup and handle pattern) and the stop should be placed at the recent...
All long positions for the following: Markups as requested. I can only do 10 posts in a 24 hour period which is a limiting factor.
I'm not usually bogged down with requests. I'm not saying I want to be bogged down, but I kind of like doing these. They are like crossword puzzles or sudoku for me. Except I suck crosswords and sudoku. They are like a fun puzzle for...
The way this scanner works is by searching based off of indicators, so the indicators are going to favor our pre-existing ideas about what the stock should do. Be careful to run through more checks before you decide you like the stock.
Here is the scanner code I'm using in stockchart.com's technical scan workbench:
$ARWR released its earnings with a negative under reaction following its announcement with the PEAD projecting a neutral outlook and placing the stock in Drift D
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.
ARWR has been traveling in a possible Bearish Narrowing Rising Wedge
This pattern is not valid unless lower trendline is broken and it has not been
I have noticed the rising wedge often bites a security at earnings though..so be careful
And it is possible, to break UP and over the rising wedge. I have noted stocks do not stay there long as a rule. But rules...