PAPIJUGO

PAPIJUGO

At the third double bottom teasing 114.17 breakout to gap fill, it would be nice to see continuation here and what happens at 107.94 (monthly pivot). This one started with a breakaway gap September 25th and has recently filled the runaway gap, but the bullish trend is still intact from the current double bottom. I'm looking for 01/17/25 105c here, with a stop-loss...

PAPIJUGO

Price action is consolidating within a triangular pattern following a sharp upwards move, which is common for a bullish pennant; the convergence of trendlines indicate reduced volatility before a potential breakout. Ideally, volume decreases during the consolidation phase and should spike significantly during a breakout. Making sure I watch closely to confirm the...

PAPIJUGO

rising wedge at the bottom of the channel, this pattern is often bearish with volume decreasing. If we get a spike in volume, look for bullish breakout. Here at the bottom of the channel, I'm more inclined to enter calls Friday