OGC- Fan of the way this chart is setting up for a gold company with the hype in the sector. Ascending triangle approaching SIG resistance range. Watching for it punch through and make a move to upside
$SIC - Really really like what is going on here. Big descending wedge pattern that bounced off of long term trend and support. Ascending triangle forming after breaking out of the wedge and trading a little sideways on back-test. Really like this setup. Liquidity a problem but heavy volume and she moves!
$PEY - I am a big big fan here. This is a 5 year chart. Slaughtered. 2 year falling wedge that is really tightening up. MACD bullish divergence with price action for over 2 years. RSI double bottom and poking above pattern.
$NRTH - Traded this in the past for a nice little win. Forming setup for a break and looking for movement to the upside. Significant support on a historic area, broke both the support and trend-line and retraced back in and is toying with again.Sector is rumored to have a large bounce. Support needs to hold and am watching!
$PKG - I have never ever liked this ticker but I do like the formation occurring right now and figured it deserved a mention. Looking for support to hold and it to break the trend line to the upside in the future. It is sitting on what I consider significant support.
This junker has been on my WL forever but I am kind of liking it here but obviously needs to break to the upside. Severely beaten down, Holding trend since mid June, Forming and ascending triangle, filled gap with a wick (Prefer full body candle). Watching for it to break out of the pattern to the upside and hold confirmation for a trade.
I really liked PAC before I went on vacation at .18 and missed the entire move while I was out golfing. (It happens) But it was treading the top of the cloud in the ascending triangle pattern and broke out. Tapped a resistance level a few times and is trading in the .22-.255 range. Watching for it to bounce around here and maybe test support being the top of the...
$AIS - Nothing special here but watching. Bottom of the band and looking to break back into the pattern which is also the bottom of the cloud. On watch to push through the cloud and upwards of the triangle.
OSB - 10 year chart here. Just recently bounced off long term trend. Historically has made large moves off or close to the this trend line. Price is currenlty tapping a very significant historic level. If it can break and hold. This may be a nice rally