Hello Traders,
We’ve spotted an interesting pattern forming on the chart of Nike (NKE). A triangle formation has emerged, and we’re currently sitting on the bottom line of this pattern. This could be a critical juncture for Nike’s price action.
If the price bounces upwards from here, we have identified a few target points and key resistance levels based on...
Hello Traders,
We’ve been closely monitoring ARCH and have identified a triangle pattern forming.
If the triangle breaks to the downside, we’ve identified possible support levels where price could potentially bounce back.
First Support: The first support level is located at the golden pocket on the Fibonacci retracements, which is between 4.59 and...
We’ve identified a potential Falling Wedge pattern forming on the ACHR chart. This pattern is often seen as a bullish reversal pattern, indicating a possible shift from a downtrend to an uptrend. Additionally, we are currently in the 4th wave of the Elliott Wave cycle, which is typically a retracement wave, with a 5th wave incoming.
Pattern Details
The Falling...
We’ve identified a potential Head and Shoulders (H&S) pattern forming on the chart of STRC. This pattern is often seen as a reversal pattern, indicating a possible shift from an uptrend to a downtrend.
