When I see a chart that quacks like a duck, walks like a duck, has feathers and webbed feet - I'm certainly going to assume it is a swan. I do not believe into a visible pullback - more like a pattern that goes sideway followed by a gap up..
Mixed signals- like tons of them. It needs to broke above few resistance and for sure it will make higher high.
This is a long term chart pattern. It needs to break out the downside trendline
Unthinkable- nice move that would have come sooner or later still in my head it keeps coming Napoleon Bonapartes words - "From the sublime to the ridiculous there is but one step"
I planned the next few days target- surprise- hit the target in 1 day-
A tiny H & S- did not break the neckline yet. It gives some perspective over direction
Interesting pattern- can go both side. Requires vigilance to minimize risk.
So what now? It was so close to a real breakout from a long term bottom channel. However, YOKU is makinig higher lows.
Probably filling the gap or finding support 120 or even going much lower @ MA50
Flat kumo below price, MA200 as resistance- time to watch it careful.
It looks like there is an uptrend channel. It might broke the upper resistance line. I also see the danger of a lower low in the 1.11 area.
Crossover of MA, downtrend line is broken, a gap & go, dragon pattern, a good target. Can charts get any better? :)