lauralea

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Can break up or down. NVDA has been bouncing around inside for quite a while. Often a continuation pattern but is also a period of consolidation.. Symmetrical triangles, on the other hand, are thought of as continuation patterns developed in markets that are, for the most part, aimless in direction. The market seems aimless in its direction. The supply and...

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This is a 4 legged reversal pattern and idea is to get in at the end of this pattern if you are going long...if you know the pattern well, you can trade every leg by going long then short... The cypher is recognized by C being higher than A and D being higher than X. The point of completion zone is at D and this level is often retested. Often you will see...

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ORCL fell from a steep rising wedge and looks to be recovering. Rising wedges are usually bearish and interrupts supply and demand. Possible AB=CD pattern but D is not here yet so I call this ABC bullish.. If you think you have an AB=CD pattern, use the magnet and move leg AB to over C. AB=CD is a reversal pattern that helps you identify when the price is about...

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BA looks to be in a channel down, although it does look to be trying super hard to break free.. A break up and out of a channel down is considered bullish but until then it is bearish , most do not like to go long while price is in a channel downward..2 hurdles here, breaking out of downward channel and getting to long entry level. Support under Handle low and...

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OVERBOUGHT on daily RSI The second one has not formed a handle.. You can calculate targets by subtractiong cup low from cup high, then take that number and either use fib levels .0382, .0618 and .0786 for targets one. For targets 2. you can use 1/100% 1.27 and 1.61 fib levels. You can calculate fib levels by multiplying that number by these numbers or adding a...

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Possible stop below C but good to place it at least 5 to 10 cents below C as C is sometimes retested Long entry when price breaks the BC leg with an uptrend.. Targets calculated from length of AB leg using fib levels. Fib levels are not as easy to use sometimes as they sound. Figuring out where to place them can be a task and I never used them until the last...

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This one is getting closer to C. If price goes too far under C it is good to have a stop a few cents below C or what you feel safe with. ALWAYS be sure C is C (o: Target is D, and is usually time to get out as often the cycle repeats itself with an impluse wave down after D is reached ABC bullish is a measured move down within a larger measured move...

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Waiting for long entry level can help folks avoid possible resistance and also avoid a losing trade. I admit I do not Always do that but I do try. I was in this one before I saw the cup forming..so oh well (o: The HL or Mid cup can provide support In a bullish market, a security can reach 100% and above using fib levels. 100% is 44.22.. Cup depth is 15.17 Now...

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POossible stop under C..beware of unfilled gap under price.. Not a recommendation

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Has broken out, went past long entry level and experienced a throwback. Is not back under long entry level.. Volatile stock so no telling.. I also see a double bottom Cup low is 113.26 Mid cup is 155.38 Cup high is 197.50 Long entry level is slightly above cup high..targets are calculated using cup depth.. Short interest is high and with all the squeezes,...

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Possibe stop under C Not a recommendation

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Head and shoulder tops are not as accurate in a Bull market than in a bear market. H&S tops perform best in a bear market and inverse H&S bottoms perform better in a bull market. LS 146.6 Head 153.66 RS 149.93 It is hard to slow down the momentum of the trend in a bull market so this pattern has a higher failure rate. Feels like the trend is slowing down a...

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Has formed a cup but I do not see a handle, possibly pull back to form handle or there may be one in there and I just do not see it. Still in an ABC bullish pattern as well..Targets for the ABC pattern were 176.5 and 192.5...C is at cup low. weekly candle indicates possible pull back so maybe a more discernible handle will form.. ''NV is flat. It appears smmart...

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This is another that can get a haircut at earnings ..Neutral There is a fat rising wedge inside the cup. Rising wedges are often bearish and are not valid until bottom trendline is broken. CSCO has not broken bottom trendline..yet. CSCO can not catch a break! Rising wedges interrupt supply and demand as there is a lack of healthy pull backs. Both trendlines...

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INTC was trading in an inverse H&S and has broken neckline which is now support.. Is it my imagination, or is this just not a stock to own during earnings? (o: Earnings were on 1-21 and it looks like they beat EPS and revenue. It must have been guidance? Comments welcome. Just seems like this one does that a lot, go down after earnings right when it is getting...

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On daily time frame..Earnings 2-9. A strong catalyst like an earnings beat may turn the stock bak up again. Nothing is written in stone and all patterns have the potential to fail, just like trendline analysis can fail and support and resistance zones can fail.. Some common guidelines for this pattern: There must be an uptrend leading to the pattern (o: or how...

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This one has been bobbling around in nowhere land for quite a while..Tried to break up from a V Bottom, but was captured by a bearish rising wedge/fell out or broke bottom trendline at the top...and has been falling ever since. Perhaps recovered now and it is hard to be bullish, especially after a day like today..time will tell.. There is an adam and adam, and...

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No rising wedges in the yearly chart.. Support can be found at Mid cup (MC) or HL (handle low) Targets are calculated using the depth of the cup which is 37.21 then added to long entry level using fib levels. Long entry is a bit higher than cup high to get through the R that may lurk there.. This is in my list of favorite stocks. I have 15..lol..so do not...