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Bullish Pennant

Dollar Inverted Head and Shoulders into Possible Cup & HandleHere we have several bull patterns on the dollar futures. First we established and broke out of a bull pennant, Then we moved onto another bullish pattern, inverted head and shoulders, and now we've developed a cup. Is this a handle that formed on the cup? Whichever way you look at it, this is very bullish price action on the dollar. What I'm looking for is the price to break through resistance and into the blue channel while flipping the resistance into support and ultimately capturing the top of the blue channel. ICEUS:DXY
ICEUS:DX1!Long
by jakelikesstocks
S&P 500 Bullish Pennant Incoming???Do they play around with bears? is this a massive bull pennant ready to explode to 4k? Check all the companies that announce earnings this week for hints!!! We already have multiple formations like Inverse H&S, Bull Flag, Cup & Handle and now we have this one as well... The stakes are high and although i am not a US citizen i have a feeling that Trump is going to get re-elected. Take that in consideration together with the fact that FED stated it will keep interest rates to 0% until 2023 we may be in front of the biggest bubble in financial history!!! Big up till 2022 and then Michelle Obama will come as a savior to unite the United States of America.Stay on the sidelines is the best strategy for me at the moment, wait for strong confirmation and enjoy the ride :)
SP:SPX
by Philoslother
2
Taat lifestyle is about to go up with smoke!Taat lifestyle looking like a great buy with price line on support, bull pennant looking like its forming well. The price should appreciate due to a couple factors: - Prices buying pressure has pushed this stock back to support and would like to see a confirmation breakout up within this week. - Shipments of first hemp product is on its way and should arrive November 27th 2020. Hype of that news will build and price should react. About Taat Lifestyle: A proprietary blend of premium hemp that is exceptionally flavored with rich naturally occurring terpenes. A better-for-you alternative to tobacco that tastes and smokes as well or better than traditional cigarettes. Taat Beyond Tobacco™️ cigarettes are non-psychoactive & contain no tobacco and no nicotine, making them ideal for use as a tobacco replacement or cessation tool. Cannabis benefits without the ‘high’. Effects of high yielding CBD and CBG but is Non-Psychoactive and does not deliver the scent or taste of cannabis. source: taatusa.com
CSE:TAATLong
by CryptoTheory
1
ZM Bullish PennantZM has consolidated and formed a bullish pennant it is likely to complete or void in the next few days. Price depends a lot on virus news among other things. A break above the the pennant and break of 501.05 could lead to a gradual move to 544.67 by Oct 26. That move would be a continuation of an August uptrend that ZM still seems to be holding. A break below the pennant and 476.36 support could lead to more consolidation in its current range. It is important to note that RSI has been a strong sell indicator for ZM and it is nearing an overbought condition. If ZM were to selloff more and break 465.01 it could move further to 431.43 before more upside.
NASDAQ:ZM
by crawfordpaul
EURUSD BEARISH BIAS 20.10.04Head and Shoulders or Double Top Potential of these two Bearish patterns coming up. Confirmation on the Fibonacci will be supported by price breaking through 1.17000/1.16900 Selling only if price breaks solid below 1.16900, exit at 1.16449 Bearish Bias is wrong if price breaks solid (not wick) above 1.17550/1.17600 Bullish Rectangle / Bullish Pennant continuation pattern will form. This post does not provide financial advice. It is to provide and contribute my trading ideas. Trade with courage and caution. May the pips be in your favor.
by DokuFX
$4672.50 in 2006 to $6.00 - Huge Demand, Robust EarningsPacific Ethanol, Inc. produces and markets low-carbon renewable fuels and alcohol products in the United States. The company operates in two segments, Production and Marketing. It produces and markets ethanol; and co-products, such as wet and dry distillers grains, wet and dry corn gluten feed, condensed distillers solubles, corn gluten meal, corn germ, corn oil, dried yeast, and CO2, as well as markets ethanol produced by third parties. The company also offers ethanol transportation, storage, and delivery services through third-party service providers. It sells ethanol to integrated oil companies and gasoline marketers; distillers grains and other feed co-products to dairies and feedlots; and corn oil to poultry and biodiesel customers. The company owns and operates nine ethanol production facilities, including four plants located in the Western states of California, Oregon, and Idaho; and five plants in the Midwestern states of Illinois and Nebraska. Pacific Ethanol, Inc. was founded in 2003 and is headquartered in Sacramento, California. I think this is the beginning of something huge. As I noted, the stock hit a high of $4672.50 in 2006. Demand for Alcohol products in the United States and around the World is outstripping supply as can be seen in Pacific Ethanol's last earnings report below. The company continues to pay down its debt too. August 11, 2020 Shares of Pacific Ethanol (NASDAQ:PEIX) moved higher by 38.29% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 258.82% over the past year to $0.27, which beat the estimate of ($0.20). Revenue of $212,074,000 beat the estimate of $174,200,000. This is a pure turnaround play in my opinion with a lot of room to run a lot higher. Daily Chart is Bullish with most indicators trending up, Bullish The stock continues to make new 52-week highs. Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
PLong
by HotCharts
JAZZ/USD Long$JAZZ looks to be in bullish continuation here: On the 1D chart it looks like it wants to visit $143/144 (potentially after a retest of the diagonal it broke out from around $125) Reasons: -It had a strong breakout from a bullish pennant, the target for this breakout would be the height of the bull pennant's flagpole added to the point where price broke out of the pennant -Price may like to visit near the top diagonal of the multi-year trend channel, adding conviction to the target of the bull pennant Bullish bias continued via Ichimoku: -Kumo cloud is green -Tenkan is above the Kijun while both are above the kumo cloud -Lagging span is well above the kumo cloud Other Indicators: -MACD seems to have just flipped bullish -RSI not yet in overbought territory -(not included in chart) price is not yet above the top MA of the Bollinger Bands so still some room for price to expand to target Gap to be filled (in time) at $112.45
NASDAQ:JAZZLong
by Hrempe
Ascending Channel & Bull Pennant for Gold?Notice the downward sloping blue line, this is considered the resistance of the pennant, if the price breaches above it'll confirm the patterns a bullish pennant. The two green upward sloping lines are potentially forming an Ascending Channel, there is however a slight deviation where the price breached the top of the channel, but noticeably since then the price has drifted towards the bottom of the channel. The KST potentially just had a golden cross, this is where the green line spikes above the red, typically a bullish indicator. The RSI may find some resistance at the blue downward sloping line, if so And the price continues upward that would likely create a bearish divergence. It would be nice to see the RSI break above the previous high flush to the upside & the price rise simultaneously.
TVC:GOLDLong
by ScotianBot
Bullish Charts - Online Sports Betting Play & New Boyd ContractInternational Game Technology PLC operates and provides gaming technology products and services worldwide. The company operates through four segments: North America Gaming and Interactive, North America Lottery, International, and Italy. It designs, sells, and operates a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; provides online lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services. The company also designs, develops, assembles, and provides cabinets, games, systems, and software for gamin market, as well as offers gaming management systems for casino management, customer relationship management, patron management, and server-based gaming. In addition, it provides video lottery terminals (VLT), VLT central systems, and VLT games; and amusement with prize machines and games to licensed operators. Further, the company offers sports betting services on sports and motor sports events, and non-sporting events, as well as sports betting technology and management services. Additionally, it provides digital gaming products and services, including poker, bingo, and online casino table and slot games; social casino content; and remote game server, as well as iGaming systems and digital platforms that offers player account management, advanced marketing and analytical, and payment system services. The company processes commercial transactions, such as prepaid cellular telephone recharges, bill payments, e-vouchers and retail-based programs, electronic tax payments, prepaid card recharges, and stamp duty and money transfers services. The company was formerly known as GTECH S.p.A. and changed its name to International Game Technology PLC in April 2015. The company was founded in 2014 and is headquartered in London, the United Kingdom. International Game Technology PLC operates as a subsidiary of De Agostini S.p.A. IGT is known in the industry and is well respected. The company started jumping into online sports betting. This is a hidden gem teaming up with some huge players / casinos. See news below. IGT Announces Sports Betting Technology Agreement with Boyd Gaming finance.yahoo.com IGT, FanDuel Ink Multi-Year Sports Betting Deal, Shares Rise 7% finance.yahoo.com Target: $18 to $20 or higher Weekly Chart looks like a Bull Flag Daily Chart: Volume, PMO, MACD, RSI, OBV, Stochastic and Accumulation are trending up, Bullish Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
NYSE:IGTLong
by HotCharts