$CI looking to break out of its ~14month cup and handle!Notes:
* Very strong up trend on all time frames
* Great earnings track record
* Pays out dividends
* Forming a cup and handle over the past ~14 months
* Bouncing off of its 50 day line with very bullish price action and volume
Technicals:
Sector: Healthcare - Healthcare Plans
Relative Strength vs. Sector: 2.7
Relative Strength vs. SP500: 1.65
U/D Ratio: 1.15
Base Depth: 43.95%
Distance from breakout buy point: -2.77%
Volume 2.78% above its 15 day avg.
Trade Idea:
* You can enter now as the price is just bouncing off of it 50 day line with volume
* If you want a better entry you can look for one around the 262.8 area
* This stock usually has local tops when the price closes around 9.64% above its 50 EMA
* Consider selling into strength if the price closes 9.44% to 9.84% (or higher) above its 50 EMA
* The last closing price is 3.14% away from its 50 EMA
Cupandhandlepattern
PVRPVR made vup n handle pattern on an hourly chart & trading above it comfortably with decent volumes.
Could be bought with mentioned stoploss & targets.
SAND can give you a lot of Profit Right now!SAND is in a Cup and Handle Pattern which is Pretty Good Because This means the Price has a chance To increase Pretty Soon! This shows Us that Bulls Might be Coming Back ! You can see there has no Break out Occurred yet So we can not be So Sure about the Incoming Movement But It will Happen pretty soon. the expected movement is as much as the Length between the Top and the Bottom of the Cup (Measured price movement) and you know that the Price will be increasing as much as that Movement (AB=CD) if our prediction comes true, price will increase around 70% and will reach 2.21$ which is also a Decent Resistance.This chart and Info are Provided by our Sponsor WHITEBIT Exchange. Please Check their Exchange Using the link down below.
-SAND is in a Cup and Handle Pattern.
-No break out yet
-AB=CD
-2.21$ is a target and a Resistance
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Thank you for seeing idea .
Have a nice day and Good luck
REQUEST NETWORK (REQUSDT) bottom and new volume 📖🚀Hello 🐋
Based on the chart after a long time, correction to the downside the price breaks the descending wedge and the green trend line to the upside and shape the cup and handle pattern
if
the price doesn't break the support level to the downside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
if
the price breaks the range area to the upside, we will see more gain 📖🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
GME Summer (Daily Candles Analysis)This is my first attempt at making a future prediction using chart analysis. I would love opinions and feedback. I am not a professional, I have only been doing this for a year or so and I have no education in finance.
I think you will see GME continue on its new uptrend through the summer with a huge breakout towards September/October. I think you may see it hit near $111 in the near future. If it fails to bounce off of the $110 range then I would expect it to drop back down to test its main level of support around $80.
If it finishes the other half of the cup and handle, the I would think it would reach $250 before you see a retracement to begin the handle of the cup.
GME looks strong and I am excited.
ETHUSDT | Cup & Handle COMPLETEEthereumUSDT: Cup and Handle pattern
Price pushed up by the 200day MA on the 1 hour timeframe and by the 50day MA on the 4 hour timeframe where the last phase of the handle is completing at the time of writing.
The pattern is not an ascending triangle as the bigger pattern, the cup and handle, is in play.
Long position
TP around $1600 and SL at $1160
GOLD BullishPossible Cup & Handle on the weekly chart as the price sits at a significant level (2011 closing high) that may act as support.
I would like to see the price close above the trend line (monthly) and also the .23 fib which is in close proximity.
Gold will benefit as bear market rallies in stocks continue to fade to lower levels.
Square will mirror the short term bounce in BTC up to 20%Square owns a large amount of BTC. The BTC short term relief rally could possibly drive Square up by 20% as well.
In addition we have a cup and handle pattern in the making in 1h chart.
Also, a positive divergence on RSI as well
SL : confirmed close below 58$ nullifies this thesis
Target 1 : 68.40$
Target 2 : 71.80$
TRACBTC Cup & Falling Wedge With Trendline Support ConfluenceBullish chart patterns for TRACBTC / OriginTrail. A Cup & Falling Wedge handle with
trendline support & hidden bullish divergence on the RSI. This is on a weekly timeframe
on logarithmic scale.
I think a massive outperformance of TRAC to BTC will occur very soon.
Also check out my idea on the TRACUSD pair where the 4.236 Fibonacci extension has
pinpointed the top 3 times in the past.
cup and hund patternscript name - aegischem
entyr- 240 CMP
stoploss- 200
target -1.10
minimum 6 month
for education purpose only
RDBX ANALYSIS FOR THE UPCOMING WEEKShort analysis of RDBX stock, which is currently trending on high momentum.
Stock provides a lot of opportunity but also a lot of risk.
Personally i am not going to participate in this kind of stocks, because they are very risky.
I hope that my analysis gives you some pespective and knowledge.
I am not a financial advisor or anything financial. i am a retail daytrader with some experience and i am sharing only my knowledge and my personal experience. I am not always right and i will never be always right.
If you are going to participate in this stock, please do it responsibly and do not gamble.
Do not give in temptations and FOMO because everybody is going in without any proper plan, risk and trade management.
If you have any questions feel free to ask.