Huge accumulation and RSI divergence on this recent low. Possible double bottom.
Island top cleared. Now the uptrend can resume. Target 230. I'm long.
This top bust targets 66.50. It also confirms the multi year wedge b/o. .
A possible head and shoulders bottom. I'm a fan of the deeper shoulders. Nearly 3:1 r/r. Larger term picture is a rising channel (note the grey lines)
Bull Flag. Looks like 47 over 41. Stop at 39 (for now). What a move since Jan 12'
Still bearish here. 50.80 is huge. We will know a lot more by the weekend.
If we get any pop into the resistance line, it may be worth taking a swing short to the lower support line.
Like how this is quietly resting over the pivot and possibly establishing an up trend.
A decent pharma / biotech setup. Looking for a shake or break before entering.
I like the idea of shorting against this resistance line after a false break. I'm looking for at least a test of the rising support line.
The gap closing is a red flag. Possible 1 yr H&S. Things look pretty dire under 44. Over 52 they look much better. 42, 39, 36, 30 if it heads south. We'll see
Nothing really worth trading here, but this is a great setup for investors trying to time the markets.
Momentum has waned and distribution is ramping up. A breakdown looks imminent. Mores notes on the chart
I'm putting this on my watch list and waiting for some price stabilization to enter for an attempt at the upside target. It is too hot right now, but the space has many long term factors working in it's favor. Hat Tip to @ldrogen
You can go long here with a stop under the 2/21 low 442.80. Looks like some folks threw in the towel after the trend-line break.
Long set up. Price has found some support in the low 3.20's. Maybe it needs to form a deeper handle?? Arguments against this chart include: The pattern is taking place at the top of a long term range and the V shape of the pattern reduces the odds that the stock will firm up here and push higher.