VET - Cup breakupCup and handle (or Cup without handle) are continuation patterns (of the prior trend). VET was in an uptrend before it went into a 3 month consolidation forming a "Cup" pattern. It finally broke above the neckline yesterday on STRONG volume (strong volume breaks tend to be more sustainable).
Expecting near term target around 29.80 +/- with initial stop loss slightly breakup candle low.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
CUP
bullish flagEntry: $43.30
SL: $41.00 (loss 5.50 %) (visual only, close if daily closing price below) (but also a good investment)
TP: $55.70 (profit 28.4 %, ratio 5.1)
Hello Traders and Investors,
in my opinion, this setup also offers both a very good trading and a good investment opportunity.
The price formed a cup formation (without a handle) and is just about to break out of a bullish flag . Currently, a nice hammer candle can be seen on the weekly candlestick chart. Those who want to can get in, but waiting until the $45 level is broken is also quite smart.
For me, this share also offers a nice investment opportunity, as the dividend yield is over 3.5% and the fundamentals are also solid.
The share is listed in the S&P500 and the Nasdaq100 Index.
Deutsch
Hallo Trader und Investoren,
meiner Meinung nach bietet auch dieses Setup sowohl eine sehr gute Trading- als auch eine gute Investitionsmöglichkeit.
Der Kurs bildete eine Tassen-Formation (ohne Henkel) und ist gerade dabei aus einer bullischen Flagge auszubrechen. Zur Zeit kann man im Wochen-Candlestickchart einen schönen Hammercandle sehen. Wer möchte kann einsteigen, aber auch ein Warten bis zur Durchbrechung der 45$ ist durchaus schlau.
Für mich bietet diese Aktie auch eine super Investmentmöglichkeit, da die Dividendenrendite über 3.5% liegt und die Fundamentaldaten ebenfalls sehr solide sind.
Die Aktie befindet sich im S&P500 sowie im Nasdaq100 Index.
Beyond Meat (BYND) In A Cup?Beyond Meat ( NASDAQ:BYND ) In A Cup?
No of course not! Beyond Meat ( NASDAQ:BYND with a cup on its chart? Yes!
BYND has been in a downward trend since the beginning of the year. I discovered two factors that led me to believe that the stock will begin an upward trend.
1. Cup on the daily timeframe
2. Bullish Divergence
On a non-technical note, Beyond Meat recently announced that they expanded their distribution to 8,000+ stores.
Perhaps BYND will give us a handle within the next few days. I look forward to watching this stock go above and "beyond" the downtrend its been in.
*This is not financial advice
Peace & Prosperity,
Al
CAT - more upsideCAT consolidated for 10 months forming a cup like pattern. There was a minor handle before we see a strong break up last Thurs on strong volume.
The odds are good that it has some room to go , though we are likely to face resistence and some consolidation @ 243. If it can clear this level, then the next targt is 260.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Cheers.
Breakout in PivotDefensive Plan
Planning staggered stop if breakout does work right away
50% sell breakout day low
75% sell 20 D MA
100% sell 50 D MA
Aggressive Plan
The plan could change to be more aggressive if the setup improves after an orderly pullback or tightening to new highs
IBD RATINGS FOR MAR
ChecklistRating
Composite Rating98Pass
EPS Rating79Fail
RS Rating91Pass
Group RS RatingB+Pass
SMR RatingAPass
Acc/Dis RatingB-Pass
EPS % Chg (Last Qtr)983%
3 Year EPS Growth Rate0%
EPS Est % Chg (Current Yr)71%
Annual ROE114%
TSCO - poised for breakup?After bouncing off it's low on 24 Feb, the stock has been consolidating sideways between 238 to 239 for the past 1 month. There was one attempt to breakup on 31 Mar which did not follow through. However it looks like it could attempt another breakup soon.
Long if it breaks above 239 again with tight initial stop loss slightly below last Friday's candle low at 230.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important!
PLD - breaking higher?Breakup looks imminent after a 3 month consolidation.
A strong bullish bar that broke up slightly on 6 April followed by 2 inside bars (potentially bullish) retesting the neckline.
If trade goes our way (ie trend higher) leading to earnings, I would likely take most of the profits off before earnings.
Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important!
REEFUSDT is creating a cup and handleThe price is testing important support on the daily timeframe on 0.008$.
On the 4h timeframe the price got liquidity from 0.786-0.886 Fibonacci level and retest again the daily resistance on 0.0096.
Now the price is going to create a cup and handle patter, the price is testing the 0.618 Fibonacci level after the election from the daily resistance and dynamic 4h resistance.
How to approach?
The price needs to have a breakout from the resistance and retest the previous daily resistance as new support. According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Multiverse Mid Term HoldMultiverse respecting the curve of the cup, found support on the 200 MA. Buy the breakout of daily resistance. This could be a nice mid term hold.
VLXUSDT is testing the 4h resistance after the cup and handleThe price created a double bottom on the weekly structure on the 0.20$.
As you can see from the upper chart, the price had a breakout from the dynamic daily resistance and now the market it's testing the 0.382 Fibonacci resistance after the green candles series.
on the 4h timeframe the price created a cup and handle pattern and the market had the breakout from its neckline.
How to approach?
The price could have a breakout from the 4h resistance (0.2530$) or gets the liquidity from the previous resistance now new support. So, if the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
2 year prediction of total2, by Dia. big dump incoming.Seems like in a week or so we get the big answer. Market looks extremely bearish , I personally dont believe we can break the resistance
Pattern looks incredibly bearish.
We always dump before halving
the cup is drawn too big, it should not break the previous support of 462b
btc 19k bottom, maybe scam wick to 13k
expect 2020 highs of every altcoins, and some altcoins to completely be destroyed
KHC - good price actionKHC broke out of a 7 month cup formation on good volume, then went back to retest the breakup "neckline" which has proven to be a support so far. The odds are good that it will continue higher to an intial target of around $43.50 where it could face some resistence.
Initial stop loss will be just a few ticks below the neckine support @ 38.12
p/s "cup" or "cup and handle" that formed after a prior uptrend has good odds of succeeding when it broke up on good volume. A retest of the neckline is also common and consolidated it as a new support level.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.
RS - Bull FlagBroke up into ATH (All-time-high) on 28 Feb on strong volume. Have been forming a bull flag since. Buy the next break up of this bull flag as the momentum remains strong.
p/s I may also attempt to buy if it retest the resistence turned support level around 179-179 with a tight stop loss slightly below the support.
Theoretical "cup" target is around $221. Let's see if it is able to reach there.
Protect with trailing stops or scale out along the way.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.
IPI - breakup imminent?After consolidating for the past 4 months, it is look closer to the breakup soon, hopefully with solid volme to carry it towards 68-70 eventually. Whether it can reach there remains to be seen. Scale out along the way and manage the rest of the position with trailing stops
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.
LVS - poised to break up soon?LVS has been forming a base pattern for the last 6 months and with RSI at 60 now, the odds of breaking above the neckline at 45.50 is looking good.
Looking to long if it breaks above 45.50. A strong volume breakup will be a good sign that the trend could be sustainable with intial target of around 56.50.
Initial stop loss @ 42.50.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.