PEG. Power earnings gapper. consolidated from its tight flag and now pushing up with good volume
Held mid bollinger, time for a few up days
usd/bro broke out from its inverse head and shoulders on the daily. Now in a rising wedge. watch for remaining gap to fill. stop/short break of rising wedge trendline.
Consolidating on the monthly, double inside month. On watch for break over previous high. would prefer retest of lows on daily first to allow for Stoch RSI to reset. but with over 15% short interest just waiting for the volume and break up. Shs Outstand:730.87M, Shs Float: 200.76M, Short Float: 15.72%.
previous week high is $14.77. waiting for a break above. higher lows have been forming on the daily. (Short Float: 8.58%, Shs Float: 898.11M)
I see further downside based on the monthly chart. would love to see pullback to $2,970 before next leg up
Showing some signs of accumulation, large green weekly volume bars. Inside monthly candle. 59.44% short float, 54.79M shs float. waiting for this to pop
Seeing those bottom wicks hug the TL, price appears to be finding support near the 50 MA. Moving averages, MACD, RSI, and Stoch are all starting to curl on the weekly. Daily finished green with huge volume on news that CEO was terminated.
$UAL building a nice base for the past year. Earnings on July 16, might be the catalyst needed to hit $100+
nokia weekly chart shows accumulation around bottom TL. Position trade started