All description on the chart. Please, don't forget to like and follow. Thank you.
Contextual immersion trading strategy idea. Sprouts Farmers Market, Inc., a healthy grocery store, provides fresh, natural, and organic food products in the United States. The demand for shares of the company still looks lower than the supply. This and other conditions can cause a fall in the share price in the next days. So I opened a short position from...
All description on the chart. Please, don't forget to like and follow. Thank you.
Contextual immersion trading strategy idea. Beyond Meat, Inc., a food company, engages in the provision of revolutionary plant-based meats in the United States and internationally. The share price rose after announcing a new distribution deal with China. The demand for shares of the company still looks higher than the supply. These and other conditions can...
On a micro trading level APHA appears to have formed a bullish flag pattern, but the top resistance of the bullish flag is the same resistance of a more macro Ascending Triangle. Interesting. The breakout to the upside will be modestly significant in terms of shaping the macro trend, IMO.
Key Takeaways The trendlines of a triangle need to run along at least two swing highs and two swing lows. Ascending triangles are considered a continuation pattern, as the price will typically breakout of the triangle in the price direction prevailing before the triangle. Although, this won't always occur. A breakout in any direction is noteworthy. A long trade is...
$TSN is trying to hold above both 50SMA and 20SMA. To start an uptrend it needs to get above $63.19. after that the target price will be $74.50 If you find my charts useful, please leave me "like" thx
All description on the chart. Please, don't forget to like and follow. Thank you.
Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle, but is also often angled down away from the prevailing trend. Another...
$KDP is still consolidating and needs to break the down trend line. After breakout, $28 and $29.36 are the resistance needs to overcome.
$BYND reached the pivot and stalling now. It may pull back to $102- $107 to fill the gap.
It is just above the trendline. There are assumptions; 1. Cup w handle 2. Going down to $9.2 will create unconfirmed 123 pattern. for both pattern , $12.60 will be the confirmation resistance.
Possibly a descending triangle as well, but with the Long Beach facility license imminent I'm strongly leaning towards a bullish outcome. The RSI looks like it recently made a Triple Bottom. Only time will tell.
#Costco Wholesale is approaching to pivot resistance but on 2 hourly chart already gives a signal for a pull back
It broke out 50day MA and downtrend, it is a nice set up to be long.
It appears as though TNY may be trading in a huge ascending triangle on a 4-year chart. Recently the RSI went to all-time lows, and since then we've seen a nice Triple Bottom & some bullish momentum. Notice where I've placed the blue sideways arrows, there are three bottoms that coincide with a price range of roughly 23c in March 2017. Again in late July &...
Possibly a descending triangle? A pennant is a continuation pattern in technical analysis formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines - the pennant - followed by a breakout movement in the same direction as the initial large movement, which represents the second half...