AAPL is looking quite nice here after reclaiming its 50-Day SMA. AAPL is currently testing the upper trendline of this falling wedge on the daily timeframe, while simultaneously flagging on the weekly timeframe, accompanied by a bullish butterfly harmonic pattern, a MACD golden cross, and a double bottom (See Attached Chart Below). While all signs point to...
The SPY closed out the week strong after finally getting some strong bullish momentum as a result of the CPI & Jobless Claim Data that came out on Thursday. If CPI continues to decrease as it did, I can certainly see the SPY gaining even more traction and finally breaking out of the bearish megaphone that it has been holding since November 2021. Subsequently, the...
$ARHS - Consumer Cyc | Home Improvement currently flagging for a follow through from its breakout (+23.91%) post ER on 11/8. sitting on VWAP from IPO, rising 10/20 MA with RS. pivot at $9.50 will clear 6 months high
Posting a quick update on AAPL here as this falling wedge caught my eye. AAPL setting up nicely here holding a big falling wedge on the daily timeframe while also flagging on the weekly timeframe. AAPL closed on Friday reclaiming its 100-day EMA and seemingly looking to reclaim the 50-day as well. MACD golden cross along with some bullish hidden divergence on the...
NKE looking interesting here sitting right on its 20-day EMA, falling wedge on the 4-hour and hourly timeframes along with what appears to be a big ascending triangle forming. Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on in the meantime- Certainly a longer-term play, however, bullish and...
CHWY still looking quite nice here- Big symmetrical triangle on the daily timeframe as well as what appears to be an inverse head and shoulders forming. Bullish and will be looking for a breakout from this wedge- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones in the meantime - Reclaimed the 50-day EMA...
OKTA really catching my eye here, flagging on its 5-year chart- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones- Bullish and will be looking for a breakout - EMA's curling - Bollinger Bands squeezing on the weekly timeframe (See Chart Below) - Slight bullish divergence on the RSI on shorter timeframes ...
ENPH is looking really nice here heading into earnings. All previous price targets were reached and the gap on the upside has been filled. Last quarter ENPH sold off on a slight earnings miss however 9 times out of 10 they will beat on earnings. Would like to see ENPH start to outperform other solar manufacturing companies such SEDG with respect to price action-...
Will be watching SQ closely in the coming weeks. Flagging on its yearly chart and Bollinger Bands are squeezing (not pictured). SQ has earnings on 8/5' so will be looking for a run-up to ER. Just some support/resistance levels to watch- Bullish
BTT Bull flag pennant & cup and handle in play. Do not have to tell you how bullish this is! Amazing returns ahead for mid term hold
ZIL has continued to slowly retrace as some exit with excellent gains and some enter hoping for a further push. The upcoming support levels, if held, will continue the strong bullish sentiment for Zilliqa and may cause us to break the current downtrend and push north again. It's one to keep your eye on as a fall through to lower levels may present a good entry...
Daily bullish flag on TWTR... be prepared when it breaks out up 42.45. Just my thoughts
Taking a look at restoration warehouse on the weekly charts. Looks to be a nice cup and handle forming. Last year price tested a breakout over $110, but could not sustain a close over and since has pulled back. As of late price has traded nicely in the smaller channel I have drawn with trend lines. Looks to be flagging and presenting the handle for the cup.4...
I see a bear flag forming here with a target around 180-190. *I'm still learning don't take it as advise to trade I may completely wrong
Based on the channel I see and the closing flag I think we will see another leg up around 5pm EST.
Ripple has been flagging recently with the latest pennant failing to break out into another bull run. Instead, price action has formed a cup and handle pattern which still suggests that the next bull run has just been delayed, and can be expected once price moves above the handle channel. The pattern is also confirmed by declining volume. Using the height of the...
posible breakout here watch for two consecutive green pips on the 15 min chart
I found a technical charting pattern that looks like a flag with a mast on either side. Let us see how it capitalizes.