This week it was confirmed the breakout of the level of resistance on this ascending triangle, given by the clear higher lows where you notice a phase of price compression that lasts for 6 months, and now seems to resume the bullish trend that lasts for 17 years.
See Callouts. Alternate entries are posted on chart, wait for price action. Please Like, Comment and Follow :)
Check out my homies pages here for more great analysis:
Bearish Butterfly with larger AB=CD pattern forming. The pattern is also showing the beginning signs of some bearish divergence. I will be watching this one to see how price reacts to the PRZ (potential reversal zone), which is the green box.
Aon is a professional services firm providing a range of risk, retirement, health solutions insurance and reinsurance brokerage.
Ok, I think the time has come. The price has exceeded 200MA and it's definitely good! I have long been waiting for the opportunity to buy this paper.
It is necessary to take into account the $ 145 level and the upper boundary of the...
AON seems forming a tall H&S formation. We think it has good downside potentila. We consider our first target at the H&S neckline. However, it can easily go further down.
* Trade Criteria *
Date First Found- December 13, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- $137.03 (hit December 13, 2017)
Exit Target Criteria- 1st Target $132, 2nd Target-...
A look back to my AON post a month ago, when selling was so aggressive causing the price to fall vertically, i identified a channel bottom price to enter, taking into account that a false breakdown might happen.
And it did, my 1st long call options were triggered around 78.5 but 77 was not triggered.
Took my profit when price broke up of my original downtrend...