AcolyteTrader

AcolyteTrader

Price is back at weekly highs of 2016. Nice ascending triangle setup and price breaking higher. Good spot to take a long pos, but remember the stock is illiquid. Always manage your risk.

AcolyteTrader

Price looking good here breaking out of the inner triangle price pattern closing above the EMA200 and and testing the larger triangle price pattern. Good place for long pos here decent R/R. Always manage your risk

AcolyteTrader

Price breaking higher out this triangle and closing above the EMA200. There is a key technical SR level at 6500 and price needs a close >6550 to show continuation of bullish price action. Good spot for a long pos here. Always manage your risk

AcolyteTrader

Price breaking out of this symmetrical traingle and closing above the EMA200. Decent spot for a long opp here. There is also a bullish MACD cross about to occur on the weekly chart. As always manage your risk

AcolyteTrader

Price is forming this triangle pattern. The stock is oversold on the weekly chart and a long pos can be taken on price breaking higher through the pattern. Key technical SR level at 7700. On my watchlist

AcolyteTrader

Price has formed this symmetrical triangle setup and is currently consolidating but trading below the EMA200. Waiting for price to break out the setup for a long pos. Watching this stock.

AcolyteTrader

Price has formed a nice double bottom setup and is positioned near an ATH ready to break higher. Good spot for a long pos. The trend is your friend and the trend is up. Always manage your risk

AcolyteTrader

Price has tested the EMA200 and bounced higher out of this pennant setup. A long pos can be in initiated here at 13550 decent trade with RR 1:3. As always manage your risk

AcolyteTrader

Looking at SAP here and price is breaking higher above this ascending triangle. A long pos can be initiated when price closes >4800. Tread carefully when taking long positions as the LT trend is currently down and priceis just below the EMA200 onthe weekly chart. As always manage your risk

AcolyteTrader

Looking at $TKG on the weekly chart price is currently moving within the upper bound of the channel. Zooming into the daily chart price is forming an ascending triangle. A long pos can be initiated when price breaks out of the setup and closes >5600. In the near term price needs to close above the SR level of 5700 and look to test 6000 for validation of sustained...

AcolyteTrader

Price has broken out of this rectangle setup tested the SR level at 474. Stock is a bit illiquid at the moment. A long position can be initiated when price closes above 475. As always manage your risk.

AcolyteTrader

Price has broken out of this rectangle setup tested the SR level at 474. Stock is a bit illiquid at the moment. A long position can be initiated when price closes above 475. As always manage your risk.

AcolyteTrader

Price is forming a bullish pennant here although volumes are currently low. A long pos can be initiated if price breaks higher and closes above the 915 level. As always manage your risk when trading. Will be watching this stock closely

AcolyteTrader

Price is forming a bullish pennant here although volumes are currently low. A long pos can be initiated if price breaks higher and closes above the 915 level. As always manage your risk when trading. Will be watching this stock closely

AcolyteTrader

Price has broken the base triangle setup and has now formed a smaller ascending triangle setup having tested the SR level at 9000. A long position can be initiated when price closes >9000. . A long position would be trading against he long term trend so as always manage your risk. Great R/R in this trade provided price action continues to trend up.

AcolyteTrader

Price is at an ATH after breaking out of the symmetrical triangle setup. Price is in a strong uptrend but low liquidity is a issue. As always manage your risk.

AcolyteTrader

Price has tested a key technical SR level at 4800. Bullish divergence indicating a continuation of the trend. A long position can be initiated if price closes >4810. The trade should be monitored as the price approaches the EMA200 on the monthly chart. Stock is also overbought on the monthly chart and liquidity is an issue. As always manage your risk

AcolyteTrader

Price has historically traded within SR levels of 16200 - 21100. Price is oversold on weekly chart and has tested the SR level at 16200 and bounced. Looking to trade this range with LT target of 21100. Stock is also oversold. LT price trend is up. Always manage your risk