Amazon has a very nice ascending triangle on the 1 year time frame and surprisingly was only down about 2 percent with spy dumping, there is also a head and shoulders pattern on the 1 month.
Pltr has been in this channel for awhile now and in my opinion recent earning results won't break this support. it looks like it already bounced a little but and there is a very nice Ascending triangle on the 5 day. Stop loss would be under 21 and pt would be 23 then 26.
Gs has a very nice ascending triangle on the 1 year, the market is a little bit choppy right now so i would go light but untimely the set up is very nice
HD looks very nice and can be played both ways. The market can go both ways right now with the new virus so i would position lightly.
Nvda has also been on a run long with qqq and other tech companies. Since i am bearish on qqq It would only make sense to be bearish on other tech companies. Nvda has a very nice 4-1 pt to sl ratio and 2 gaps to fill below.
QQQ and a lot of tech has been very bullish recently and looks over extended, QQQ is also at the top of its channel on the 1 year and is most likely going to head to the bottom of the channel especially with the federal meetings in December.
Pep has a very nice ascending triangle, the trend line is very strong on the 6 month and PEP is currently at resistance. Break to the upside could lead to new all time highs.
symmetrical triangle and lots of bounces off of 218, right on top of the gap. I would only play the downside of the symmetrical triangle with a pt of 218 and below 218 i would play the gap. regardless ba is going to pick a direction soon to fill gaps above or below
I am bullish on banks currently and pnc has this very nice descending triangle. Around 208-210 it will start its breakout to the upside and hopefully all time highs
I know i charted this awhile ago but BA is finally breaking out. On November 5th There is a trend line and channel and if the channel breaks to the upside that is when i would enter calls. BA also resisted filling the gap on November 5th, another reason to be bullish on this stock. There is a gap to fill from 244-248 and one from 232.5 to 234.5
Tsla has gone up a ton on this run ever since it broke out of the channel i charted a couple weeks back. There is a strong trend line that Tesla seems to be sitting at currently at 1222, if it breaks this trend line there will be a pullback from this large rally. Tesla has also been consolidating for a couple of days to create a symmetrical triangle and could...
Ual Resisted the urge to fill the gap below and has formed a very nice inverse h and ascending triangle. Personally i am more bullish at the moment and in the long run hit it has to fill the rest of the gap eventually.
The symmetrical triangle is very clear on the 1 year chart. I am mostly bullish but as always it can break both ways. The blue lines are resistance/ places to take profits
A very nice symmetrical triangle formed on aapl, Its November the most bullish month of the year in the stock market and i wouldn't be surprised if this broke to the upside. All of the blue lines are places to take profits.
Msft has been trading in a channel for about 5 days, and in the long term i am bullish on msft, but there is a gap below 315 to 310. All of the blue lines are resistance/ support where you can take profits.
CVX is right around support from before covid, either direction the triangle breaks out it is gonna be a bigger move just because of that support
This ascending triangle on jpm looks amazing, I really don't have anything else to say the chart speaks for itself.
Very nice symmetrical triangle formed, i am more bullish since the gap above isn't filled all the way but it can still break to the downside