This stock was at all time highs when negative reports came out. This is just a chart analysis the stock could continue to go down if the company is flawed and or they do not have significant revenues over time. However from a strict chart standpoint this setup looks like it could bounce from a triple bottom scenario. RSI and Stoch are very low and it looks like...
OEG broke out of the original bullish flag pennant, but then pulled back. Might be a really nice entry point. Nearly down to 200 MA, below 21, 50 and 100 MA. Looks like consolidation before it tries to break through past resistance levels. Stoch and RSI bottomed out looking to go back up. Might be more short term drop, but eventually looks like it is going to turn...
Just starting to learn this symmetrical triangle flag pennant pattern, but it seems to be super common in penny stocks that are starting to grow and gain traction. What I like about this setup is that this stock is starting to become more well known and it had a surge with a period of consolidation that is happening now. It is also hovering below the 21, 50 and...
ABML looks like it is forming symmetrical triangles with bullish flag pennants consolidating with minor pullbacks then pushing higher again. Possible short term pullback as Stochastic goes down, but looks bullish long term as these patterns continue forward. Also sitting at 21 day moving average... plan on continuing to DCA from this point forward even though a...
Seems like I have been running into many of these lately and this one is the most obvious I have seen. Classic Bullish Flag Pennant in 1 month, 3 month and 6 month view. Could go to the lower side a bit but looks very bullish. TSNP had a huge run and looks to be consolidating before it takes off again. Fundamentals look good for growth on merger with HUMBL pay...
Interesting setup at the month view for Opendoor. Looks like a possible bullish flag pennant forming and a symmetrical triangle. Also dipped under 21 EMA and about to touch the 50 EMA. This is a very good sign. Also Stoch is bottoming out and looking to possibly go back up. Bullish setup???
Fundamentally Open just merged through SPAC and has a huge influx of cash...
Wanted to get advanced traders thoughts on this possible ascending triangle. It is setting on its 21 day moving average and also looks kind of like Bullish Flag Pennant.
Looks like it is set to break out.
Wanted to get traders opinion. MOGO looks very similar to DMG Blockchain. Ascending Triangle, sitting right at 21 day moving average and also looks a little bit like a bullish flag pennant. Looks like it is going higher. RSI and STOCH have come off lows, but still in the lower range and could trend higher.
Thoughts?
