Solid consolidation after ABC correction followed by a spectacular breakout following the coca cola hype. Wouldnt be surprised to see this over 20$ in 1 month from now purely on momentum following fomo which is typical of any bubble
been real patient on this one, looking for the break out
looking at 3rd consolidation move now. market likes to move in 3's. So were very likely to see a big volatility move soon. In addition to the cup and handle/ascending triangle that has been panning out for quite some time now, this is definitely looking very bullish. needs that confirmation volume to drive it home or else it will fizzle out.
Im coining that term for the first 3 waves (5 including retraces) that start the big momentum parabolic move without even having any ABC correction. This move is very popular in bubble markets and was observed a lot in the altcoin market in december 2017/january 2018. A few other stocks that have this pattern (completed) are OTC:GTBIF and TSX:WEED (if you...
testing resistance a lot. 3 time recently. Looking like C and P. looking for that breakout. Very bullish moves
Testing downtrend line harder and harder. Looking for long opportunity with tight stop loss in case of descending triangle breakdown
Diverging rsi with support found at 38% fib. Looking long here
Good chance that Celgene has topped out for good, looking to continue this downtrend and hold this short for a little bit.