Top line slopes down and bottom line slopes up. Price broke down from the triangle and met target 1. Doji/indecision at support today. No recommendation. This seems to move down when Teck/market is in an upswing and vice versa. NextEra Energy Inc 14.83% Southern Co 8.12% Duke Energy Corp 7.75% Sempra Energy 4.85% Exelon Corp 4.38% American Electric Power Co...
Top line slopes down and bottom line is virtually flat. Triangles are consolidation patterns and are neutral until broken. Price is close to support. Close to oversold status on Rsi. No recommendation
This Triangle is long and kind of narrow on daily and is better seen on weekly. It is hard to calculate targets for a Symmetrical Triangle as some would calculate the targets from the point of the break and this one is not broken. Top line slopes down and bottom line slopes up. This pattern is neutral until broken. No recommendation.
Price broke up from the rising wedge but fell shortly thereafter. Possibly the RW corrected with pull back. No recommendation.
Rising Wedges are Bearish but are not valid until the bottom line is clearly broken. A level of support will usually catch price if it/when breaks down. This wedge is accompanied by several indecisive candles at resistance. Both lines slope up and narrow at the apex. Sometimes price will break up from a Rising Wedge, but eventually price will break the bottom...
W patterns can be profitable on the 4th leg which is UP. If this leg is over, then this is a Bat that ended at the .886. The alternate Bat terminates at the 1.113 so one can only wait and see if the resistance holds. There is also a Rising wedge that is not valid at this time. No recommendation
Rising Wedges are Bearish but are not valid until the bottom line is clearly broken. RSI Divergence noted. A level of support will usually catch price if it/when breaks down. Both lines slope up and narrow at the apex. Sometimes price will break up from a Rising Wedge, but eventually price will break the bottom line. It can be a long time in some cases. A...
Rising Wedges are Bearish but are not valid until the bottom line is clearly broken. A level of support will usually catch price if it/when breaks down. Both lines slope up and narrow at the apex. Sometimes price will break up from a Rising Wedge, but eventually price will break the bottom line. It can be a long time in some cases. A Rising wedge represents a...
This triangle broke to the upside in spite of earnings miss. Possible Bearish Rising edge denoted with orange trendlines. Resistance overhead. Bullish Harami today but needs confirmation. No recommendation.
It looks like the top of the prior gap up is causing resistance for the last few trading days. The bottom of a gap can also cause resistance but price was able to penetrate the bottom of this gap for a gap fill. Possible M pattern forming but too soon to tell. The 50 DMA is not looking super perky and price should be above this moving average and not below it. ...
Top line slopes down and the bottom line slopes up. Green Doji noted a several weeks back at resistance. Neutral pattern until broken. Prior RSI Divergence that has most likely corrected. No recommendation
Price has not broken the neckline. The neckline is strong support until broken. This is not a textbook H&S pattern but there is a peak/shoulder then a higher peak/Head then a lower peak/the 2nd shoulder. Targets in orange type applicable if the neckline is broken. Sometimes all targets are not reached so keep an eye out. Shoulder 2 is lower than shoulder...