Massive diagonal resistance broken and retesting a horizontal support
More optimistic over 1/1 Gann fan, bullish over 2/1 and back into channel and above resistance. Overall nice medium term reversal pattern.
Broken above and tested diagonal trend line and triangular pattern. Next tp 16.38
Resistance broken and support tested. Volume increasing.
AMD ascending wedge off of dead cat bounce from failed gap fill to Oct 24th low of $22.75. Looking for a potential tick up on Monday, then breaking the wedge and going to $16
If this doesn't hold, say bye bye to a positive EOY. In my opinion, with the exponential gains of the #FANGS, GE downfall, trade frustrations, etc etc, it is a great time to short this right here. Pick your poison. GE short has done well for me so far, but don't fall in love with one chart and not see greater potential. AMZN and NFLX primed for disaster, among...
I got squeezed out yesterday from my short. I really should have noticed support in the S&P, but oh well. Shorting $NFLX until 278 support. Will then reevaluate.
If a true cup and handle, it would break up from here. BUT, this may need more of FA than TA being very recently ICO'd.
Potential setup inverse H&S on daily BCH/BTC chart shown initially by @arjunkkohli
This long and everything I'm looking at can be affected by BTC explosion either direction.