POWI head and shoulders similar to the pattern NVDA had as it confirmed on Jan 23 when it broke above the right shoulder neckline. One significant difference however is that after reaching a high of $91.98 it's been forming a falling wedge just above the neckline without violating it.
ANET broke all relevant moving averages to speak of. Potential short using the closest relevant moving average as your covering guide.
Early buy within base after seeing a Pocket Pivot develop yesterday crossing both the 10/20 EMA. Stop loss using yesterday's low
CMC gapped down below the 50/200 MA on Wed and failed to reclaim it yesterday. Playing this as a short with nearest term support at either $32.97 or $31.47
Just an idea. Shorting below the 20 EMA with the expectation that it may find some support at the 50 MA.
Low risk play trying to leverage last Friday's massive volume (837%) attempt at an undercut and rally. Decided to play it when price opened today just a few cents below previous day's high.
I'll just call this a Hail Mary since I don't know what this would fall under as its still in consolidation after the previous cup with handle pattern. But last Friday's pocket pivot volume was about 450% above average even as it squatted. The rally seems to have been a marked attempt to get the price above the 50 MA last Friday (which it held) and opened today...
RCMT High Tight Flag. Volume and ATR has been declining since the top of the pole and broke through the flag with slightly above average volume.
Cup with handle that could have been entered yesterday. The bottom of the handle retraced just a smidge above the .50 fib level before bouncing back up with the last two days sporting a pocket pivot.
Cup with Handle. Last Friday would have been a better entry, but close to today's open seemed close enough
Missed the Undercut and Rally on May 23 which also shows up like a short pipe bottom on the weekly. Hoping there's some gas left.