Cop are on the move, ABCD chart is done perfectly, now it's Double Bottom turn to do the same.
But first i think must be filled the GAP around 55,37 which is also indicated by Regular Bearish Divergence.
NYSE:COP
Yesterday's closing of FB created big bearish engulfing candle, which in combination with Bearish Pennant create lovely short price and a chance to wait for this wonderful correction dip.
Just be patient :)
NASDAQ:FB
After a beautiful double bottom done, CVX is now probably in the consolidation area where we need looking for further setups if price will follow ascending triangle...
Inverse head & sholder is here just for fun :) ( but it would be fun if it happened)
Stay tuned.
NYSE:CVX
Will XOM first do a little consolidation here in the channel before breakout, or will first make breakout and retesting before "touch the sky" on approx. 74,12 is up to see.
Time will show the right way.
* Support and resistance level are on monthly chart.
:)
NYSE:XOM
