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Inverseheadandshouldersbreakout

$MBLY : MASSIVE SHORT SQUEEZE INBOUND! 28% SHORT FLOAT!!! NASDAQ:MBLY MASSIVE SHORT SQUEEZE INBOUND! 28% SHORT FLOAT!!! This company went from a Short Float of 17% in September to a Short Float of over 28% as of 15 October, as I talked about in the video from my X post. This name is about to have a much larger move than NASDAQ:SOUN , the stock that met my "High Five Setup" trading strategy on Friday, and they had an 18% move just today! I am more BULLISH on this company and their technology in FSD and Autonomous Vehicles than I was BULLISH on $SOUN. They also have a much better setup with a much larger move looming. 3 REASONS WHY YOU SHOULD NOT IGNORE THIS NAME: 1⃣ SHORT FLOAT OVER 28% 2⃣ "HIGH FIVE SETUP" 3⃣ TOP 3 IN AUTONOMOU VEHICLES/ FSD TECHNOLOGY WITH NASDAQ:GOOGL NASDAQ:TSLA Comment below with your thoughts on this trade. Will it squeeze this week? What other stocks do you think can check all the boxes on my "High Five Setup" trading strategy? Stay tuned for more!🔔 Like ❤️ Follow 🤳 Share 🔂 Not financial advice.
NASDAQ:MBLYLong
by RonnieV29
10
Coinbase Gearing Up for its next MoveHi guys! This is an Update on recent Technical developments found for Coinbase (COIN). I've successfully identified the Inverse Head & Shoulders Pattern. Check out that idea down below. We have completed the Return Rally back to test Support on the Neckline. Now ive been assessing if there are signs that we continue the Inverse Head and Shoulders with our final explosive breakout move. This analysis is done on the 1 day timeframe. As you can see we have tested and CONFIRMED Support on the Neckline. After doing so we have inched higher. Notice now, we are ABOVE the 21 EMA. With the last 3 days of candles, forming LOWER WICKS off the 21 EMA. This is a great sign of SUPPORT. We must continue to stay ABOVE the 21 EMA. Being Above the 21 EMA on any timeframe indicates that we will most likely have an UPTREND in price. Notice also the Orange Rectangle. This highlights a consolidation zone. This shows to me that we are building up momentum for our final rally of the Inverse Head & Shoulders Pattern. A confirmation ABOVE the Upper Border of Rectangle, will indicate Rally may be starting. To keep us on our toes, just remember that if price action goes BELOW the Lower Border of the Rectangle, we risk testing the Neckline again. Which is always a possibility . As long as we maintain the Neckline as Support, we good. Watch VOLUME -> We need it to start picking up for indication of the major move. This move will essentially lead to trend reversal for COIN, confirming the bottom. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on COIN in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:COINLong
by SafofAllTrades
6
$BOX seems to be recovering from its pullback?Notes: * Steady up trend * Great earnings track record * Forming a cup and handle like pattern on the monthly time frame for the past ~4years * Held up relatively really well while the tech sector was being destroyed * Currently bouncing off its 200 day line and now its 50 day line * Also forming an inverse H&S pattern and broke out of it * Bouncing off its 50 day line with higher than average volume and printed a pocket pivot * Historical resistance comes in around $29.79 Technicals: Sector: Technology - Software - Infrastructure Relative Strength vs. Sector: 1.74 Relative Strength vs. SP500: 1.72 U/D Ratio: 1.0 Base Depth: 45.87% Distance from breakout buy point: -17.22% Volume 3.69% above its 15 day avg. Trade Idea: * You can enter now as the price just bounced off of its 50 day line with higher than average volume and also printed a pocket pivot. * If you're looking for a better entry you can look for one around the $26.59 area * This stock usually has local tops when the price closes around 15.27% above its 50 EMA * Consider selling into strength if the price closes 15.07% to 15.47% (or higher) above its 50 EMA * The last closing price is 2.86% away from its 50 EMA
NYSE:BOXLong
by HaseebKhan_90
Inverse Head and Shoulders the accurate chart patternInverse Head & Shoulder Pattern Tutorial - Invesre Head & Shoulders pattern is similar to Head & Shoulders pattern but reversed. The inverse Head & Shoulders is observable in a downtrend and indicates a reversal of a downtrend. The formation of a Inverse Head & Shoulders pattern resembles a baseline or neckline with three bottom where the middle bottom is the lowest price between between the two left and risght bottom. Both the H&S and Inverse H&S patterns are most accurate price action pattern. Also Checkout previous post about Head & Shoulders pattern for better understanding () Stay Tuned, 👍;
TVC:SPXEducation
by tapasdhanadana