Very similar but steeper trading channel compared to the S&P 500, basically the same idea. Run into the top of the channel at the 1.618 fib then a correction. Questionable yellow resistance line that looks like we just closed above it today.
Up on earnings, down on earnings... analysts still upgraded this stock. Don't see it breaking now out but we could test $110-$115. Chance of double bottoming at $86 is still on the table in the future.
Long consolidation, lots of upside just on the swing back to highs.
Break up candle has been tested, nice dragonfly doji looking candle with a close in the trend. Hoping to see a pop up and sideways consolidation into a rally. RSI and volume seems to support a reversal.
High lows and higher highs, most encouraging trend since the 2015 peak.
A year of consolidation on a slight uptrend, looks like earnings could bring BABA to around $230 which is is the low range for most analyst price targets.
About 2 weeks of consolidation, looking to see a pop up to 109-114. Will have to re-look at things before earnings
Been trading within this nice teal channel for awhile, looking to see the test of the original gap down from January then fill the gap created early July.
If we can break above the red dotted line looks to be bullish until mid 120s.
Cannot break 261, was hoping it would break out today after the strong Friday close, will see what happens tomorrow but keeps looking more and more like it's heading to about $220. Still looking long term bullish for ULTA but looks like a good time to take some profits.
30%+ gains after accumulation in April, time to take profits. Stock doesn't look like it wants to move up anymore, at resistance and a double top. See how things play out over the next while but right now $300 looks to be the price to wait for before buying again.
Looks like a diamond to me, very similar to last year. Also works well with some harmonics patterns. Bounced off closing the gap that was created on the 6th today.
expected sell off on Tuesday, needs to snap back and break out of the broadening wedge to escape the downtrend. little bit of hidden bullish divergence which may help the cause
Still just following the current trend, eventually will run out of room near the end of this year early next when I expect a real correction. I guesstimate we will follow this short term trend like so, also works very well to complete the crab pattern.