ericsolan

ericsolan

DOGE breaking out of downward wedge, new highs incoming Confirmation by a retest of the support zone without breaking the prior low on the daily. Also MACD recent crossover from baseline After we got our retest of the downward trendline, as well as the 50d moving average, every signal is pointing to a strong move to new highs

ericsolan

AMT has respected a longterm trendline since 2016. In September 2022, it broke that longterm trendline. Currently it is rising up for a re-test of the trendline from the opposite side. Upon rejection of that trendline, and if it rejects, AMT is set up for a big drop

ericsolan

BABA finally broke the longterm down trendline, directly at a point of major resistance from 2016. Multiple other signals including an increase in volume as shorts begin to close, and a solid cross over the 20ma and a successful retest confirm this trade.

ericsolan

ROKU has found a bottom, bouncing off past support and making a higher low. MACD is also diverging from the price trend Expect a move up here

ericsolan

CAT has multiple signals aligning for a big move up. Bounce off the longterm upwards trendline Big increases in volume at the end of the recent downtrend, indicating a big transition of shares as bears exit and bulls take over Recent cross-over the 20 period SMA A higher low was just put in, offering a very tight stop for a large leveraged play MACD...

ericsolan

CRM has broken its long term trendline after bouncing off prior longterm support and successfully retested the trendline. All the way up from here

ericsolan

RYCEY has consolidated for a very long time in an extended basing period. Volume has picked up tremendously and a recent low provides a low risk, high reward entry

ericsolan

Breaking out of a downward wedge after re-testing prior support with increasing volume. The recent retracement is a great place for a stop

ericsolan

McDonalds is breaking out of a downward wedge after re-testing prior support

ericsolan

AMZN has a very long uptrend followed by a flag or wedge pattern. It has recently broken out of that wedge with strong volume. Long trade here with a tight stop under the latest pullback

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HAL is continuing it's larger uptrend after breaking the descending trendline

ericsolan Updated 

Downtrend has shifted to an uptrend. Descending trendline has been broken, however volume is low so a tight stop will be used below the most recent fractal (low)

ericsolan

$ROKU is breaking out of its long-term trendline along with some increased volume. Long trade here with a tight stop under the latest pullback

ericsolan Updated 

ERIE broke its recent upward trendline today, creating a short trade possibility with a small risk and high reward. Factors leading to the decision: Major trend is down Minor uptrend looks like it was a relief rally, and price broke below it in the past 3 days 20-ma was recently lost, pulling moving average traders off the sidelines The recent high fractal...

ericsolan Updated 

TOWN broke its recent upward trendline today, creating a short trade possibility with a small risk and high reward. Factors leading to the decision: Major trend is down Minor trend was up, and today price broke and closed below it 20-ma was recently lost, pulling moving average traders off the sidelines The recent high fractal pattern is also at the...

ericsolan Updated 

ATSG recently broke its major upward trendline, creating a short trade possibility with a small risk and high reward. Two targets are set for $10 and $6.50 as the big target, however like most trades it's better to let it run and trail a stop behind Factors leading to the decision: Price recently broke below the 1-year uptrend trendline Heavy volume as it...

ericsolan Updated 

As PDD broke its major downward trendline , a long position with a good reward to risk ratio can be entered with a tight stop. Factors leading to the decision: - The recent downtrend has been broken with decent volume - The 20ma was broken and held, pulling in moving-average traders off the side-lines - A recent low offers a perfect spot to put a logical...

ericsolan Updated 

As CHMA breaks its upward wedge pattern, a short position is entered with a tight stop. Factors leading to the decision: Huge rejection at the ATH, creating a new major down-trend Lower trendline of an upward wedge has been broken Heavier bearish volume showed up at prior dip, getting the attention of short sellers Price came back up and re-tested the...