UR Energy - Breakout Means SCOTCHstocks TargetA breakout of the bullish pennant would trigger a SCOTCHstocks target range for AMEX:URG of $1.80 - $1.96.
Everything shared here is my own opinion and no results are guaranteed. Good luck!
Pennantbreakout
bull pennant formation or down trend?Chaikin and premier stochastic oscillators showing some signs of upward breakout out of the pennant. Volume profile makes sense for the pennant formation and pole.
Personally going to wait to see if price breaks through the 1.26 ish level before entry (yellow ray). other notable levels are seen with the other horizontal rays.
Long $BCC - wait for price to move out of pennant$BCC showed good relative strength on a red day yesterday. Have this one on your WL today !
Reliance - 2700 Next Reliance given pennant breakout on weekly chart and was on consolidation in range for few weeks, which can be seen clearly in daily chart. A must buy scrip now... Targets on chart...
Daily timeframe chart
Round 2! BNBClassic Pennant Formation. Could break down but there is a lot of strength in this uptrend! Strong fundamentals. I am expecting a good pop up here and beyond.
$PESI perfect pennant breakoutThis is a very low trading volume stock. Many people do not like stocks like this. But they sometimes explode in case of any significant catalyst. Chart formation is in place, time to make money. Be patient and do not use stops, MM's will pick it up. It is easy for them to do it in low volume environment. Good luck!
ENJBTC wants the moon again! 🦐ENJBTC created a falling wedge and now the price having a breakout! If the price flip the Daily resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
CLVR Breakout Points with in depth details!Scenario 1: Possible Short Term Breakout. Lowest possible price $17.35 highest price before breakout $18.65. The breakout Price is a target of $20.30.
Wait for signs of support before buy-in. (A bounce off the dotted Yellow trend line .)
Scenario 2: Medium Term Breakout. Lowest possible price $16.00 highest price before breakout $18.65. The breakout price is a target of $21.50.
Wait for signs of support before buy-in. (A bounce off the dotted Orange trend line .)
Scenario 3: Long term (Feb 18-19) Breakout. Lowest possible price $14.00 highest price before breakout $18.65. The breakout price is a target of $23.00.
Wait for signs of support before buy-in. (A bounce off the dotted Green trend line .)
Tvs Motors - Pennant BreakoutTvs motors given pennant breakout at hourly timeframe. Targets on chart...
*Kindly go through previous TVS Motors chart , this one is continous below chart.
Banknifty - Pennant BreakoutBanknifty given pennant breakout at hourly timeframe. Targets on chart...
LT - Pennant BreakoutLT given pennant breakout on hourly and 2 hr timeframe. Bearish divergence in rsi so it might retest bottom of pennant before upmove. Targets on chart...
XLMUSDT is creating a nice bullish pennant 🦐$XLM.X is testing weekly support and the price is creating a bullish pennant. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Momentum on Reddit has cleared, pennant broke down.Time to take your profits, and let the community play out its hype. After that, we can scan for new opportunities.
Bullish Flag with Huge VolumeVolume is Very Good at this Point and Making a Nicee Bullish Flag, Above 1011, 1028-35-1050 can be Expected keepin SL below 928
Sunday Outlook 1/25-1/29 $EA $HD $AMZN and more! Here I go over some charts we are watching for the coming week as go over the results from last weeks video!
NASDAQ:AMZN NASDAQ:EA NYSE:HD NASDAQ:DDOG NASDAQ:LAZR NYSE:LMND NYSE:M NYSE:W
PLTR - Perfect bullish pennant breakoutPLTR formed a perfect bullish pennant breakout last friday price close! More upside possible, watch price action closely on previous ATH.
Not financial advice.
Bull Pennant on COTY: BREAKOUT= MAJOR UPSIDEA Bull pennant has formed on COTY and looks like it will attempt a breakout soon... If breakout is confirmed I expect to see some major upside to the $12+ level... I will watch price action as it approaches bottom support line and if it reacts as I anticipate I will strongly consider buying mid-February expiration call options
NANO/USD Bull PennantBull Pennant has formed on NANO... Following a bounce off the bottom of the pennant I am anticipating a run up back to the top resistance line and another attempt at a breakout...If a breakout does occur there will be some really nice quick upside to $5+... If a breakout is rejected it will be very important to watch price action closely as a break through of the bottom support line could bring some major downside to the $1.00-$1.50 level
BTC - Pennant Break - Levels to WatchLike I posted several days ago the pennant pattern on Bitcoin has resolved to the downside, currently sitting just above $30,000 USD, whilst i do 100% believe this to be a BUYING opportunity, let us have a look to see where the price action could continue down to.
A traditional pennant can be measured with the width of the pennant as the 'projected' move, using this method the worst case would place Bitcoin between $24,000 and $26,000.
I will reiterate, at this level I would almost certainly be recommending to BUY.
On the 1hr we can see that Bitcoin appears to be in the 2nd minor impulse wave lower, just above the 127.2% extension level, I would expect to see some rally attempts here, simply due to the confluence of round number support $30,000 USD and the 127.2% extension.
Should we fall through this level then a move to the 161.8% level would be my next target, currently at $28,400 USD.
Failure to bounce from these levels would suggest a further move lower into the 'ambush zone' of the $24,000 to $26,000 USD.
-TradingEdge
