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Tripplebottom

*BA UPDATE* 2 weeks into the trade (21MAR24 200C) Original Chart STATUS UPDATE: If you got into the $200-205 C EXP 21MAR25 on 02DEC2024 you're probably sitting at around 65%-75% in the green. BA has moved roughly 40 points since its most recent low $137.03 on 15NOV2024, and roughly 15 points since we entered on 02DEC2024. I suspect we keep that same trajectory for the next 30 days and that will take us to our target with 2 months to spare. Alot of good catalyst have come out recently surrounding BA's production and employee strike settlements. We may have another pop here this week coming up due to potential FED rate cuts, sending us even closer to our target of $200 per share by 21MAR24. Upon looking at the charts I noticed BA actually formed more of a triple bottom which is even more bullish than a double bottom. The neckline break of around the $265 area could run us up into the $320 area, once the options chain opens up deeper in price I will take a look at calls deeper OTM. I have found major monthly resistance at the $320 area so if you decide to diamond hands through the break our next trajectory will take us into the $380 area. At the point I would be all out when price starts to enter Monthly supply from $384-447 expect a major rejection off this area and DONT BE A BAG HOLDER..... - I got caught bag holding PLTR after making good money on them the week before. Keep in mind were looking to make money on BA all year. Keep your eye on the prize, as I hop into more calls in the future I will inform you all of the strike price, Date of EXP and entry price P.S. dont get caught up in the little intra day moves and little losses here and there, "When in doubt, Zoom out"
NYSE:BALong
by EddieMoniee
5
Premier Energies Long Term Investment IdeaIntroduction Premier Energies Ltd. engages in the business of manufacturing and trading of solar modules, solar cells and solar accessories. Its business operations include the manufacturing of solar photovoltaic cells and solar modules including custom made panels for specific applications, execution of EPC projects, independent power production, O&M services with respect to EPC projects and sale of solar-related products. Observation As we can see stock breakout after a consolidation on day chart stock trading on good volume. stock trade above 20ema strong RSI with good fundamental. visit on website for fundamental detail analysis and Latest stock news & updates 👆 Educational content 📖 This stock analysis is designed for educational purposes and should not be taken as financial advice. Please carry out your own research or consult with a financial advisor before investing.
NSE:PREMIERENELong
by SHEHBAZ_KHAN
GAS/USDT ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽‍♂️ Triple Bottom + RSI OverSold 🟠 EP 7.725 🔴 SL 7.430 🟢 TP1 8.024 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 8.319 ⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 8.609 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Long
by UnknownUnicorn60802882
SCHAND triple bottom breakout with volumeCMP 214.60 Recent Results : Growth in Operating Profit with increase in operating margins (YoY) Near 52 Week High Stock gained more than 20% in one month Strong Momentum: Price above short, medium and long term moving averages Highest Recovery from 52 Week Low *Not recommendation. Do your due diligence S. Chand Group is an Indian publishing and education services companies, founded in 1939 and based in New Delhi. The publishing house prints books for primary, secondary and higher education sectors. It was the first company in India to get the ISO 9001:2000 certification
NSE:SCHANDLong
by JustIdea
2
XAUUSD Short this coming weekHi traders, We had an awesome week with the volatily FOMC created on the markets, #XAUUSD/#Gold Closed below our daily trendline on thursday and failed to beat it on the retest on Friday. We now anticipate gold to plummet for the next few weeks to retest the neckline of the tripple bottom that was created a few months ago. We will wait for a confirmation then before we go long. For now we're selling. Discalimer NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
FOREXCOM:XAUUSDShort
by Mezzoforte_Privilege
1
BTC: BREAKOUT! READY TO GO $18K!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC is going exactly as we told you in my previous update. When everyone turns super bearish in the short term and expects $13k-$14k, I told you that this is just a triple bottom and we got a good bounce from here. Hope you listen to my advice and made good money. Now, what's the next possible scenario from here? BTC is breaking out the trendline and currently looks like a retest. If it comes down to $16.2k-$16.4k then it would be a good dip to enter. After this successful retest, I'm expecting the price to touch the $18k level from here. And what happened after touching the $18k level? Will update this scenario in my next analysis. So from now expecting more greenery in the market in the next few days. Let's see how this plays out. Also, will update a few Altcoins setups in a while. If you like my ideas then do support them with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
16
BTC: BOUNCE INCOMING!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC once again goes below the $16k level and everyone is extremely bearish at this point in time. Everyone is waiting for $12k-$14k from here but I don't think it is coming so soon. Maybe a short squeeze first from here to liquidate all the late shorts. According to the chart, BTC has a good support range of $15.7k-$16.1k level and forms a triple bottom type structure. I'm expecting a bounce from here up to the $18k level. Invalidation:- Candle close below $15.5k What do you think here? Do you also think we can get a bounce from here or do you think that it is going straight down from here? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
12
XRP/USDT Double Bottomxrp/usdt Create Double bottom Chart pattern on binance at 4h time frame What is Double Bottom ? A double bottom pattern is a classic technical analysis charting formation that represents a major change in trend and a momentum reversal from a prior down move in market trading. It describes the drop of a security or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound (that may become a new uptrend). The double bottom looks like the letter "W." The twice-touched low is now considered a significant support level. While those two lows hold, the upside has new potential. In terms of profit targets, a conservative reading of the pattern suggests the minimum-move price target is equal to the distance of the two lows and the intermediate high. More aggressive targets are double the distance between the two lows and the intermediate high What is Tripple Bottom ? A triple bottom is a bullish chart pattern used in technical analysis that's characterized by three equal lows followed by a breakout above the resistance level. The triple bottom chart pattern typically follows a prolonged downtrend where bears are in control of the market. While the first bottom could simply be normal price movement, the second bottom is indicative of the bulls gaining momentum and preparing for a possible reversal. The third bottom indicates that there's strong support in place and bears may capitulate when the price breaks through resistance levels.
Long
by BabarLaghari
2
BTC LTF QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC is forming a descending triangle pattern in 2hr time frame and currently trying to break out from the triangle. We have strong resistance at the $16.8k level. From here, we have two possible scenarios:- * One is we reject from here and might touch again the lower trendline of the triangle ($15.8K). If BTC holds and bounces from the $15.8k level then the triple bottom scenario played out and we got a decent bounce. * The Second scenario is that if we break out and close above the triangle ($16.8k) then we go for higher resistance which is at $17.8k and $18.6k levels. If we look in the HTF and zoom out our chart then we must retest the $18.5k level before any new low. Let's see what happens. What do you think which scenario will play out according to you? Tell me your opinion in the comment section. If you like this idea then do support it with like and follow. Thank You!
by CoreCrypto1
14
Stellar XLM - Huge dump is incoming! Falling wedge + triangle On the daily/3D chart, we have a pretty strong bearish downtrend. We just hit a brand new low a few days ago, so it's really not looking good at all. We can spot a triple bottom, which is usually a sign of a descending triangle pattern or a rectangle continuation pattern. There is a lot of liquidity below this level and the market usually comes for the stop losses. The chart is printing a falling wedge and a local descending triangle. Both of them have a bearish bias until we break these patterns. We deeply need to go down for the final fifth impulse wave to complete this ABC correction. Because otherwise, if we pump now, then this structure was an impulse and it's going to be a dead cat bounce rally, followed by another bear market below 0.026 USDT. XLM is a great coin and I believe we will have a massive pump in 2023-2024, but for now it's still bearish and we need more confirmation to buy this altcoin. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
45
OGN, reliable level to go in. Hi, it's very logical in my opinion. First of all, bitcoin is $20k and every other asset has big discount. If you believe in this project and you check history you see $0,27 isn't very much for OGN. If you look at the left side, history shows that on this level we are NOW on, traders are most confident in buying/selling. So I expect heavy price action. Also, you see a tripple bottom (recently made) The green area is a level that is tested, failed, tested, failed and now I hope that it is going to find support. Don't mind my English, I'm a foreigner.
Long
by TradersInspiration
3
GBP/NZD BREAK THE 4H TRIANGLEGBP/NZD traded lower yesterday, but the slide was paused slightly above the 1.9030 territories, which has been providing decent support since March 7th. After this date , the price tested this support several times, confirmed it as strong support, and formed a triple bottom. Overall, the pair has been oscilating in trendless fashion between that barrier and the 1.9370 zones since March 4th, and thus, despite the prevailing trend being to the downside, investors will adopt a flat stance for now. Looking at our oscillator indicators, we can clearly recognize convergence confirmed on both MACD and RSI indicators. This will pay attention to the bulls on the market, but they will start examining a bullish reversal upon a break above the upper end of the triangle, at around 1.9165. This will confirm a forthcoming higher high and may encourage advances towards the 1.9185 barriers or the 1.9350 hurdles. If neither barrier can stop the bulls, then a break higher could open the path towards the peak of March 3rd, at 1.9780. In order to start a broken triangle is confirmed whether the prevailing downtrend has resumed, the traders would like to see a clear break and test below 1.9030. This will confirm a forthcoming lower low on both the 4-hour and daily charts and may initially pave the way towards the 1.8855 barriers. If that barrier cannot stop the slide, then its break may see scope for more significant declines, perhaps towards the low of January 6th, 2021, at 1.8615. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carry a high-risk level. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and such sites. Furthermore, one understands that the company carries zero influence over transactions, needs, and trading signals. Therefore, it cannot be held liable nor guarantee any profits or losses.
by legacyFXofficial