coia.aidan

coia.aidan

Komodo has formed a pennant after a large spike on August 3rd. There are 4 touchpoints along the top trendline and 3 along the bottom, so I expect the breakout to follow the next touch of the bottom trendline. Keeping stop-loss relatively close in case of negative breakout.

coia.aidan

NEO forms a clear downward sloping channel, with multiple points of high and low contact. Expected to turn down and make contact with lower edge of channel once more before an uptrend towards, at a minimum, the resistance level shown in white.