just an overview of how long big crashes tend to last, historical support/resistance points, and a single trendline.
Crayola drawings of double bottom on SRTY not looking good for muh economy
Clear as day. If you take a long position now don't say I didn't warn you
ENZ just finished elliot wave, another one starting up?
Looks like surfing season is coming up in the next few months
ascending triangle on JBLU intermediate pattern
Taking trends from some record highs it looks like TEVA will either double bottom at the 6$ support with a descending wedge before a breakout or crash down around 60 cents before a wedge breakout on that support. Maybe too risky right now with lawsuit payments blocked and generic competition.
Could see some gains once the 4$ resistance is cracked. May take position at bottom of channel if it forms
Please bear with me (or bull with me in a year) as I am new to this. I am new to investing and have been following biotech IPOs recently. I am just starting to learn technical analysis so I will have to update this later when there is more data to analyze and when I learn how to do that. Also disclaimer: I have an MD background but do not have any stake in this...
Ascending triangle watch for potential breakout Sept-dec 2019.
The past several months GE has been either forming a triangle with a breakout happening now, or is continuing to channel. Unfortunately the triangle breakout would occur at 10.60$ which lies within the potential channel. $11.00 is a weak resistance. Volumes are pretty balanced which supports channeling, however, golden cross occurred on June 6 which is bullish....
Watching to see if 42.50 support is held or if it reenters downward channel before considering a short position.