Beaten down JD.com finally completed its double headed H&S bottom. Proper volume for the shoulder and heads with decisive price action on breakout. Would have liked to see more volume on breakout. Earnings is one major factor that can ruin the trade in one day.
Looks like $aapl formed a H&S bottom. High volume on left shoulder and head. Low volume on right shoulder. Now just need to break the neckline with decisive close and volume which you will probably get with earnings reaction next day.
Tilray broke a long downtrend. I prefer some type of pattern to go with a trendline. You have a small symmetrical triangle just underneath the trendline. Broke the trendline and triangle and then found support around the triangles apex.
Blue Apron formed a H&S bottom formation. Interesting chart, you have a small H&S which broke out on very high volume then moved sideways. That short sideways action is at the same level which you can conclude is the right shoulder of a bigger H&S Bottom.
A double headed H&S bottom formation is almost completed in JD.com after a long decline esp. in chinese stocks. As usual, high volume on the two heads and lower volume on the right shoulder. Just need that decisive upside break on high volume.
Looks like $aapl formed a H&S bottom. High volume on the left shoulder and head. Low volume on the right shoulder.
Now just need to break the neckline with a decisive close and volume.
Only concern is the neckline is slanting and earnings coming up which can ruin any pattern with a earnings gap.