Uptrend continuation should result as the pattern completes itself (in dotted white) I have placed a bars pattern (in green) to reflect how I think price will move once the uptrend is touched
Continual Head and Shoulder patterns can be seen along the up trend line of VFC on this weekly chart Right now we are just completing a H&S pattern and price is hitting the up trend line This is a good entry point for continuation of the trend line Interesting chart
This is the 3D chart for APH There has only been two rough dips below this curve (in green boxes) Price will likely hit the curve and continue upwards Long term view
SPGI has formed an ascending broadening formation or a megaphone pattern in two situations with a common uptrend line In the first situation price dipped to the longer term (green) Trend line once the pattern completed As the second situation is completing now, price should result in the same position on the longer term trend line (indicated by the curvy arrow)
The Solid Green line is now a strong support Areas in white circles are very similar We can expect bullish results
My recent post was a bearish view for BIIB, it included some Fibonacci Circles and I am questioning my ability to plot these. So I have posted a much simpler chart that shows a dominant trend line in green that should be maintained Once the descending channel reaches this level price should move upwards. Here is the bear view
An idea for IDXX supporting the continuation of a strong trend line in solid white If this trend line does not hodl then the level in green is a good potential spot for price recovery Daily timeframe
Similar patterns can be seen along the green trend line In the first scenario price rose greatly, we are now in the same situation (green rectangle) Upward movement should be expected on this Weekly timeframe
Having a look at JPM and comparing similar price structures leads again to a bearish result following this recent growth on the Weekly chart Bottom point will be most likely along the horizontal green line and very like the point in the orange circle
This is chart for TRMB on 3D chart A large channel has formed but a subtle sharper uptrend is also forming at the same time I think this sharper uptrend will become dominant and price will extend above This price point also aligns with an earlier price pattern top (dotted line)
UPRO has formed an interesting formation, but has bottomed along the long term uptrend in green This also aligns with 0.786 fib Bullish
AZN on this Monthly timeframe is extremely bullish More interestingly though is the inverted H&S patterns that have formed a long this 50MA line I have counted three in this post, all leading to a bullish result More of a creative post
Similar patterns have emerged on the Dow Jones We can draw some conclusions based on the chart pattern similarities - That there is going to be a third bottom completing this pattern I expect this bottom to be along a major uptrend line, which aligns well with the prior pattern
Two wedges , facing away from each other, showing symmetry with each other all of this is along a larger trend line in white that is in solid white More of an observational post
Price has aligned with a strong uptrend A horizontal line can be drawn which shows price prior being a point of resistance, but now price has evolved far enough that this same horizontal line is now a support line It is also right on the strong uptrend Long on this Weekly chart
PYPL has seen heavy descent from its ATH However it still has a long term trend line intact (solid white line) This point aligns with 0.382 and should be treated as a bottom point for PYPL
ZTS has formed a nice upward trend line that was quite strong for a long time, however those times are over, as price has strongly broken this trend line Only a few periods in the past are comparable to the current state It is not something I would long based on TA
A double top has formed at the end of this structure This will lead to the break down of this dominant trend line Should be considered bearish