This is a promising breakout, let's see if the bulls follow through tonight.
Indicators on Litecoin look good on the 4 hr . Look at the daily as well and you'll notice that it shows an imminent breakout if it goes up just a bit. Could be a nice weekend.
With the fast approaching Earnings ESP on Feb. 19th (pre-market) analysts seem to be becoming bullish on Walmart, and the latest news articles are full of Good news. CNBC - "A federal judge dismissed a lawsuit against Walmart and six other retailers of extortion." Post Analyst- They just came out with a positive new article titled "You'd Be A Fool To Sell...
Costco is tempting at these prices since it often trades in the 140.00 plus range. Indicators are showing us a good entry, let's see what it can do.
Will you make a play on the Bullish Harami breaking out of a Bull Flag Reversal Pattern that formed overnight, or will you sign in at 9:00 only to see an up-gap and buy in late? Yeah I drew that....can't publish after hours on the daily :) Good Luck Trading!
Though there was some initial confusion over Aurora's QER during after hours last night, it's sure been cleared up today!
Aurora Cannabis (and Canopy Growth also btw), although in the red due to startup costs and an early cannabis shortage, are due for quarterly earnings reports this upcoming week; and they are expected to show very high numbers. This is promising and any decent TA target will most likely be surpassed if only for a short time. THIS IS NOT FINANCIAL ADVICE, do your...
The right shoulder is becoming larger than originally thought, which is actually more consistent with the pattern dimensions. I still see this as being extremely likely to play out, and choose to hang in there.
It set itself up alright...looks good to go with a bear cross on the MacD and the RSI is sitting pretty too. And it's breaking the neck/shoulder line....good luck!
The MacD is on the top side of a bull cross AND just above the center line, the RSI is just above the center line, and it looks likely to break above a symmetrical triangle; all good signs. If the breakout is below the triangle it nullifies all other signs, so watch the breakout closely because the last candle was kind of weak.
It broke-out Friday, but it's not too late.
If this breaks out above resistance it will also be breaking out of a pennant. I choose to use resistance/support lines as targets; but, I have included a textbook target also (I personally think they are too high more often than not).
"Notable Experts have a mean recommendation of 1.6 on this stock. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell." (Nyse Nasdaq News)
There's something else going on here, take a close look at the Equilibrium Pattern as well.
Buy the breakoit "IF" it breaks out to the upside. If it breaks out to the downside disregard.
This Up Gap is trading below the closing price after hours; and, there is a 74% chance it will rise to the closing price when it opens in the morning.