GKOS Bump and Run!GKOS has formed two bump and runs! Price is currently sitting near uptrend support region. Included a support region. A bump and run is a pattern where the price ‘bumps’ up from the trend and then ‘runs’ back to the trend, as seen.
Bumpanddump
PFE Bump and Run!PFE is a large pharmaceutical company that specialises in biopharmaceuticals. As you can see there has been a large bump and run from the upward trend in the past, which led to a death-cross. Gaussian channel shows a clear upward trend. Green fractal indicates a follow up bump and run.
RHHBY Bump and Run!RHHBY has seen two previous bump and run formations and is looking for a continuation with a third bump and run, indicated by the green fractal. These bumps form above the natural trend and a bearish reversal slowly follows. Again I recommend ‘Encyclopedia of Chart patterns’ By TN Bulkowski for anyone interested in learning some patterns.
NVDA Short due to partial completion of "Bump & Dump" patternNow down-trend has broken the 50 SMA, this signals the "Run" component of "Bump & Dump" pattern is in play.
