OILOil is currently playing a game of tug a war. (consolidation)
When price breaks either zone for the sell or buy. I will be lookin for the trade to continue to go in the break out direction.
I am personally looking for the market to sell. patiently waiting on my setup and confirmations before entering market. set alarms.
Feel free to help me out with my analysis by leaving a like if you think im on to something ,leaving a comment, some advice etc... Thank you
Happy Trading Week.
Consolidation-breakout
Fantom FTM/USDTHello lovely people!
Long time no see!
Here we have possible Fantom breakout movement upwards.
- Nice looking Bull flag.
- Potential 100% move.
- Beautiful 63 day consolidation.
- After touching that weekly 20Ema (Yellow) bulls clearly took the lead
I still want to see that vertical resistance ( 2nd confirmation ) around 0,55 - 0,60 cent break out and candle close.
If you like my work give a like ;)
-Jebu
AMZN buy set-up formingAMZN looks poised to breakout after a long period of consolidation. Waiting for it to break above the channel and close with at least one large bullish candle before initiating trade. P/E ratio has compressed. Now at 80.7595. AMZN could easily hit $3,750-$4,000.
"The bigger the base, the higher the space"
NOTION - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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DIALOG - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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CYPARK - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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REACH - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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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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