REACH - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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Consolidation-breakout
KKB - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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MMCCORP - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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SUCCESS - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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MFLOUR - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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HSPLANT - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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DKSH - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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Accumulation ending?Kinda seems like textbook Wyckoff Accumulation at this point. Nothing is guaranteed, but a markup phase should be just around the corner.
Also, Bollinger Band Width is extremely low, so there is definitely room for a lot of volatility - which could also be to the downside.
I'm bullish.
EVERGRN - Buyers-Dominated Sideways TrendPre Consolidation Breakout Setup.
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NFLX consolidation break-out on earningsAfter 9 months of consolidation and going pretty much no where, NFLX looks primed to pop. With earnings around the corner and whisper numbers indicating EPS of $3.04 beating the expected $2.97 it provides the potential catalyst that could cause a break-out. It has severely underperformed its peers; using the XLC as a proxy for it's peer group and DIS as a direct example you can see that Netflix has really not done much during this long resting period. Needless to say I think it is well-rested and ready for the next leg higher. Go long NFLX into earnings. They have proved that they have pricing power and the ability to produce content that keeps current users and draws new ones. NFLX's P/E is at a 6 year low.
KRETAM - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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KAB - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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DUFU - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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IPMUDA - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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INARI - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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MI - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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DAIBOCI - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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AEMULUS - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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VSTECS - Pre Consolidation Breakout Pre Consolidation Breakout Setup.
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PENERGY - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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Bitcoin on the edge of something big! BTC has been consolidating quite a while in this bullish channel. If it breaks out and we see a close under the channel, we can expect to see a short-term downtrend. If it breaks above the channel, a long position can be made and we should look to retest a new ATH as our target. Here are my targets for a short-term bearish condition. I await a close on the 4 hr underneath the channel. Afterward, profits will be taken at previous support
Will BTC remain in the channel? Only time will tell.
NOTE: This is not financial advice. Enter any trade at your own risk.