Price fell from the bearish rising wedge a while back. Earnings toward end of October. Structure that is wedge shape and is forming up, which is against the most current trend which was down. Flags and pennants are neutral until broken and can break up or down. Gap overhead. No recommendation
GOOG fell from a bearish rising wedge. Price appears to have hit support and recovered. There is a structure forming but too soon to call it. The bottom blue line of this structure and until the top or bottom line is broken, this possible pennant is neutral. There is also a large cup but it is a ways to EL for the cup pattern. No recommendation
Top line slopes down and bottom line is virtually flat. Targets calculated using the wide end of the structure and projecting it up or down from the point of the break.\\This one broke to the downside. The white line represents a 100% fall but it can fall more or less that this keeping support levels in mind. Short is a bit over 9%. Targets is orange below...
The bottom line of the Bearish Rising Wedge is broken, so the wedge is valid. Support levels can catch price after a fall from a wedge. Structure forming which looks like a small flag. Hauntingly familiar but too soon to tell. Large W structure in this chart and the 4th leg up ended at the 1.618 of the first leg down. No recommendation. To improve is to...
Looks like a bear pennant formed and a further drop occurred. Bear flags and pennants form after an almost straight drop down. They usually slope against the current trend (up) but can be flat. Pennants are more wedge shaped and flags have almost parallel lines. A Bear or a Bull Flag/Pennant is a neutral pattern until they break and a bear flag/pennant can...
Top line is resistance and the bottom line is support. Price is on support. Once this support is broken, it becomes resistance. Top line slopes down and bottom line is virtually flat forming a Descending Triangle. There is a rising wedge below price that is bearish if price breaks the bottom line of the wedge. No recommendation. Neutral until bottom line is...
Large symmetrical triangle with a smaller one contained inside. It appears the last earnings report was received well. Diagonal resistance overhead. Possible M pattern forming. Probable Cypher or Shark, maybe a Nen-star since peak 2 is higher than peak 1 if this pattern continues to form. The Cypher is measure with the 0 fib level at the top of the 2nd peak. ...
Possible M pattern forming that could be a shark as peak 2 is higher than peak 1/slightly. Price is being pushed in to a vacuum at the nose of the triangle. This will break one way or the other. At the resistance line today. All triangles are neutral until broken. Prior Cup pattern. Earnings 10-23. Strong stock that does well at earnings as a rule. Never say...
Top line slopes down and is resistance. Bottom line virtually flat and is support. Price is at support today and there is a spinning top candle of indecision. No recommendation. Neutral pattern until broken with a trend in that direction.
Top line virtually flat with a resistance line that has been tested x 4. Each touch of a support or resistance line strengthens the level. Neutral pattern until broken. No recommendation. "Even if you are on the right track, you will get run over if you just sit there." Will Rogers
This triangle has broken to the downside. Oversold on RSI, but securities can remain oversold or overbought for extended periods of time. If you buy using oversold status alone, you will most likely lose money. No recommendation.
Price appears to be in a horizontal trading channel. This pattern is neutral until broken. Short is around 1%. No recommendation. Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions;...
Price is beneath the triangle but no clear downtrend noted. Price appears to be fighting the resistance line which was previously support within the triangle structure. No recommendation. Short with a clear downtrend. Short interest is less than 2%
Neutral pattern until broken. Targets can be estimated by measuring the wide end of the triangle. No recommendation.
Sloping neckline noted. Not all necklines are straight. This pattern often occurs at or close to a top. The neckline is support until broken. This pattern consist of 2 shoulders with the both shoulders having price in the same ballpark. Rarely do the shoulders share the exact same price. They should be relatively equidistant from the head which is a higher...
Top line is flat and bottom line slopes up. Neutral until broken. Targets for Triangles can be estimated using the wide end of the triangle and projecting it for the point of the break be it up or down as the pattern is neutral until broken. It is easier to estimate a break up as the top line of this triangle is flat. It is a crap shoot to estimate the point of...