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Bullflags

TSLA: Break-out above bull flag, possible cup and handle?So, a few days ago, I posted about a bull flag forming on the daily chart for Tesla. This flag pattern was a period of consolidation following an incredibly whooping rally from the $270 mark to around $350 (around a 30% or so gain). Today, we have a new break-out from this consolidation period, and as of writing right now, Tesla is up 7%. It has now breached the $350 resistance level. If you look more closely, the chart pattern resembles something close to a cup and handle pattern. You have the cup base going from the 20th of Feb 2025 all the way to the 14th of May 2025. Our bull flag which lasted between the 14th of May until the 23rd of May (last Friday), could as well be a handle for the cup base. A break-out from not only the bull flag but the cup and handle could signal a massive move towards $400, however $375 and $390 could be points of resistance, and it would be wise to watch for a cooldown in the short-term. Upcoming this week, it might worth mentioning that NASDAQ:NVDA earnings could have a strong impact on tech and affect Tesla - even if Tesla isn't much exposed to AI as the semiconductors. To conclude, target is $390-$400 however as we all know, nothing is guaranteed :) Note: Not financial advice. My analysis is not advice, rather just an idea. Please do your DD as well.
NASDAQ:TSLALong
by michaeldobski
S&P 500: Consolidating & forming bull flag on support trendlineSo, we all know that the market is taking a breather, and the past week has been mostly flat (kind of). There have been plenty of headlines, some good, some bad. Most notably, the news about the Moody's US credit downgrade. I woke up one morning, took a look at LinkedIn and saw all the CFA-certified investing experts expecting a massive game-changing moment, potentially a market crash. Except, the market hasn't responded so negatively. In fact, I'd say that while long-term yields have been rising, the market has been doing its own thing . For instance, taking a look at the daily chart of the S&P 500 paints a different picture of the doom and gloom that I've been hearing ALL weekend and ALL week long. As you can see, the index is currently sitting on the daily support trendline which goes back to the 7th April low. On that trendline, taking a closer look, it seems the flat price action has been forming a bull flag. It's quite narrow and tight. But it certainly is a fine-looking bull flag. And a break above that would take the S&P 500 even higher. This would also likely have a positive effect on other indices. Furthermore, it might be worth keeping an eye on the big S&P 500 stocks that are high-beta and like to follow the market. So, to my point about how the market has been doing its own thing...seems that the Moody's downgrade could have possibly been already priced-in. I could be wrong, of course, as markets are still quite volatile and fragile to any sort of macro and global developments about trade and conflicts around the world. Thank you for reading. Note: not financial advice
SP:SPXLong
by michaeldobski
MAGIC/USDT – From Consolidation to Explosion?🚀 MAGIC Bull Flag Formation – 200% Potential Incoming?! 👀🔥 Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯 MAGIC is showing strong signs of a breakout from the descending channel on the 4H timeframe. After consolidating inside the channel for weeks, it has now approached the upper boundary and is testing it with bullish momentum supported by the EMA. 🟢 Long Position Activated 🔹 Breakout Confirmation waaiting 🔹 Volume Picking Up 📊 🔹 EMA Flip Incoming 🔄 🎯 Targets: TP1: $0.25 TP2: $0.31 TP3: $0.39 TP4: $0.46+ 🛑 Stop-loss: $0.151 📌 Leverage: 5x max 💡 A clean breakout from here can lead to a massive move—just like last time with a 273% pump! Don’t sleep on this one.
Long
by CoreCrypto1
BTC Bull Flag Failure or UTAD? Apex Retest UnderwayBitcoin’s breakout from the bull flag was swiftly rejected after a wick above 105.8K, suggesting absorption and supply at the highs. Price has now fallen back into the flag apex — a red flag for continuation bulls. Key Observations: • Breakout was absorbed and rejected with no follow-through. • Current price action is compressing inside the apex again. • RSI dropped to 60.22 with weakening volume momentum. • Support from mid-Bollinger Band (100.7K) and 55 SMA (100.5K) is now critical. If price closes below this 100.5K–100.7K cluster with rising volume, the bull flag will be invalidated. This could evolve into a UTAD (Upthrust After Distribution) if the rejection confirms as a trap above resistance. Watching for: • Breakdown from structure (close below 100.5K) • Rising sell volume • RSI trending below 50 A close below these levels may mark the transition from re-accumulation to distribution. ⸻
by BitcoinMillio18
BTC/USDT 4H – Bull Flag Breakout SetupA symmetrical triangle has resolved to the upside, confirming a bull flag breakout in line with the prior uptrend. Current momentum is supported by: * RSI breakout above 60 * Price above mid-Bollinger Band and 55 SMA * Breakout candle closing above triangle resistance (Yet to confirm) **Targets:** TP1: 108,000 – nearest horizontal resistance TP2: 112,700 – flagpole projection from 104.5K breakout TP3: Trailing target with 1.0% callback from breakout zone **Stop Loss:** Below triangle apex (\~103,000) or 55 SMA (\~103,480), depending on which is closer **Volume:** Still below average but RSI confirms bullish momentum. Watching for volume follow-through to confirm strength. **Wyckoff context:** Potential Phase D in a re-accumulation range, with breakout as Sign of Strength (SOS) after a spring-like consolidation. This breakout is being monitored as part of a continuation setup toward 112.7K with proper risk management in place.
Long
by BitcoinMillio18
$SPY / $QQQ – Bull Flag Breakout in Progress?📈 Both AMEX:SPY and NASDAQ:QQQ just broke out of bull flag patterns after a strong recovery from the April lows. 🔍 Technical setup: Flags formed after a vertical rally ✅ Breakout candles with follow-through ✅ Still riding key EMAs (20/50) with decent volume ✅ 📌 Targets based on flagpole projection: AMEX:SPY → ~582–590 NASDAQ:QQQ → ~505–510 However… mind the context: We’re heading into macro risk events, and positioning is getting crowded. These breakouts need confirmation via volume + higher high closes.
AMEX:SPYLong
by SmartSignalss
GBPJPY 4h Long Setup Clear bullish structure with clean higher highs and higher lows intact Price formed a bull flag after a strong impulse leg showing continuation potential Breakout of the flag confirms momentum with aggressive bullish candle and volume Entry : 192.459 SL : 188.167 TP : Trail 195.898 RR 1 : 3.1 Market is flowing with bullish pressure and breakout indicates wave extension No counter structure in sight, trend continuation expected Let the market breathe and move
Long
by wolfchemist
ADBE to $465 - Chance for a BounceNASDAQ:ADBE ADBE, as well as other tech stocks, was beaten hard over the last couple of months. The earnings recently did not provide any relief for the chart either, although the figures were not particularly bad. In particular, the possible prospect of finally being able to expand and monetize Adobe's own AI “Firefly” continues to offer good opportunities. With a PE of now under 20, Adobe has become quite favorable as a company that continues to grow well in the SaaS sector. It has also reached several technical support zones. We are at the lower edge of a very large bull flag that has been in place since the beginning of 2024. Horizontal support at $385 is also supportive. We have 3 large daily gaps in the chart above us and a bullish wedge within the flag. This is a good place to start buying for a possible bounce towards $465. However, one must bear in mind that the overall market remains bearish. Purchases should therefore be closely hedged and not be too large. However, it would be wrong not to use this opportunity to enter the market. Target Zones $465.00 Support Zones $385.00 $360.00
NASDAQ:ADBELong
by LGNDRY-Capital
1
Tellor (TRB) a hidden gem, will previous price action repeat?Hello again dear reader for a another analysis. From August to December 2023 TRB has seen a MASSIVE move of 7000% gains over the course of just 126 days. Since then it has corrected a whopping 96%! There is now a reason to be bullish on this coin. Looking at the drawn structure we can see multiple important touch zones described with the letters ''A till F'' (NOT ELLIOT). It is quite possible price action might correct further till 19$ where a big support zone lies, but there is no guarantee that ''will'' happen. Target: 1200$ (M-cap of 3B which is very achievable) Stoploss: 15$ I aim to keep analysis simple and easy to understand. Any questions of requests for analysis feel free to ask! Rustle
Long
by Rustlingjimmies
Have you considered this alternative?Chiliz (CHZ) leads innovation in fan engagement with their favorite teams through blockchain technology. Its platform enables the creation of Fan Tokens that offer users exclusive access to experiences and decisions related to sports clubs, eSports teams, and more. Chz has been trading in a massive bullflag as seen in the above analysis. Although it hasn't seen alot of love recently i suspect it will do well in the coming months ahead. Target: 3$ Stoploss: 0.032 (upon re-entry of the channel) Rustle
Long
by Rustlingjimmies
4
Bitcoin: Promising Patterns and Potential BreakoutBitcoin's recent price action has been nothing short of captivating for traders and analysts alike. On the daily chart, we've observed the formation of an Inverse Head & Shoulders and a Cup & Handle pattern, both of which have now transitioned into a Bull Flag. These bullish signals suggest a strong potential for upward movement. Zooming into the 4-hour and 1-hour charts, we can see prominent Ascending Triangles taking shape. These patterns are often harbingers of significant breakouts, and it appears that Bitcoin is winding up for a substantial move. Moreover, when utilizing a Trend-based Fibonacci Extension on the daily timeframe, the golden pocket points to a target of $126k, with the next pocket at $185k. This aligns with historical data and technical indicators, suggesting that Bitcoin might be poised to rewrite history once again. Stay tuned as we monitor these developments and anticipate what could be a historic breakout for Bitcoin!
Long
by impossiblebull
Ascending Triangle on the Daily for GME!Alright folks, brace yourselves for another electrifying update on the saga of GME! Since our last rendezvous, we've witnessed the impressive cup and handle pattern and the striking inverse head and shoulders breakout. But that was just the beginning. After our latest dip, in tune with the broader market's downturn, we've now sculpted an absolute monster of an Ascending Triangle on the daily chart, also visible even on the 4-hour. Using the trend-based Fibonacci extension, the golden pocket awaits us at $37.09, with the next pocket above that at $52.58. Adding to the excitement, we've got the Bull Flag breaking out on the weekly chart and the golden cross appearing on both the weekly and daily charts. Not to forget the substantial cup and handle formation on the hourly chart. Hourly Chart : Cup and Handle: This pattern is setting the stage for potential bullish movement. 4-Hour Chart: Ascending Triangle: Reinforces the pattern seen on the daily chart, confirming the bullish setup. Daily Chart: Ascending Triangle: Visible on both the daily and 4-hour charts, suggesting an imminent breakout. Weekly: Golden Cross: This crossover indicates long-term bullish momentum. Bull Flag: This continuation pattern indicates that the existing uptrend is likely to continue. All signs point to an explosive few months ahead for GME, with multiple breakouts on the horizon. Stay tuned, because the next chapter of this epic journey is about to unfold
NYSE:GMELong
by impossiblebull