Chartpatternz

Chartpatternz Updated 

Looks like an inverted head and shoulders bullish pattern. TP1 : 19.1 TP2: 23.15 There is support at the 14.75 level. If this breaks, next support would be 12.40.

Chartpatternz

There seems to be a a cup and handle formation and the price broke out of the handle today. Can also be seen as a bullish flag formation. The candlestick is a long legged doji, which is long upper and lower wick and small real body.This candlestick shows some indecision about where the price will go. Overall the trend is bullish, and price might retest the...

Chartpatternz Updated 

Chart shows an inverse head and shoulder pattern, which price broke out of. Price then consolidated a little before moving upwards. There is a price support shown by the green line. It's upwards from here

Chartpatternz Updated 

Previously drew an ascending triangle for this, but price broke up and reversed below the triangle, so the pattern was broken. The stock is still trading in an upwards channel however, and can possibly be swing traded.

Chartpatternz

Price had a rally early January based on good news from Plug Power. The company formed a $1.5billion deal with SK Group, and soon after announced another partnership with Renault in the same week. Biden Green New Deal is also another factor that is pushing green energy to a whole new level. Currently we can see some price consolidation forming into a bullish...

Chartpatternz

Hoping for a retest at at 12.65 level (where the flag is) before entering. TP1 = 18.1 (height of flagpole + breakout price) TP2 = 28.05 (long term resistance level) Stop loss = 11.86 (slightly beneath the lowest price in the flag formation)

Chartpatternz

Walmart trading in the upwards channel. First resistance is about 153, the previous high. Once we break above the resistance, we can see a further upside movement

Chartpatternz

Extended the previous orange triangle (which price broke down of) to the bigger blue triangle. Volume decreases as the triangle forms, which looks promising. Hoping for the long awaited breakout of the triangle and continuous movement upwards.

Chartpatternz

Double bottom formation with breakout signalling a reversal in the downward trend. Price came back to test the breakout price level at 13.30 and rebounded. At the same time, it looks like there is a bullish flag formation and accumulation at the 13.30 to 14.80 range. Flagpole height: 3.50 TP1: 15.17 (resistance) TP2: 17 (based on flagpole height) TP3: 18.87...

Chartpatternz

Broke out of resistance on 24th December. Price came back to retest the new support 2 days later and rebounded. Volume was high during flagpole formation, and decreased while forming triangle, showing some accumulation. 20EMA coming up to support the price before breakout of pennant happened. Flagpole length: 16.75 TP: 120 based on length of flagpole

Chartpatternz

Potential breakout of symmetrical triangle soon. 20 EMA coming up to support the price and volume is contracting compared to start of triangle pattern. Height of triangle: 13.91 TP1: 31.2 (resistance level) TP2: 33.6 (resistance level) TP3: 41.91 (based on height of triangle)

Chartpatternz

Broke out of symmetrical triangle on 22 Dec. Bought some at 10.045. TP1: 13.9 based on height of triangle Looking to retest the 11.40 level (previous resistance turned support) before buying in. TP2: 14.40 based on previous resistance TP3: 17.48 based on previous resistance

Chartpatternz

Broke out of ascending triangle 21 Dec, coming back down to retest support at 13.36. Looking for a rebound before entering. IF support is broken at 13.36, Next support 12.17. Ascending Triangle height: 4.49 TP1: 15 (based on previous resistance level) TP2: 17 (based on ascending triangle height)