Risky reversal There is a possible Doji candle on a key level in and oversold zone via SRSI and CCI. Very risky because of the previous break of the trend line and parallel channel, but something to watch.by paper_Trader17751
TANDEM DIABETES CARE, INC. - [TNDM]Price Action Recent Trend: The stock has been recovering from a downtrend that occurred in June and July, and it appears to be in the midst of an uptrend since early August, with a recent push higher. Current Price: The last closing price is $45.57, which represents a 2.87% increase. Bollinger Bands Upper Band: The price is approaching the upper Bollinger Band, which can indicate that the stock might be overbought in the short term. Middle Band (Likely the 20-day Moving Average): The price is above this, confirming the current uptrend. Lower Band: The price has moved away from the lower Bollinger Band, further reinforcing the recent bullish momentum. Volume The volume seems to have increased in the most recent days, which supports the price movement and suggests that the buying interest is genuine. Key Levels Support: Around $42.00 (where the price recently bounced from). Resistance: Around $48.00 (where the price might face resistance based on previous highs in June). Conclusion Short-Term View: The stock is in a short-term uptrend, with potential to test the $48.00 resistance level. Medium-Term View: The bullish momentum is confirmed as the price is above both the 20-day and 50-day moving averages. Long-Term View: The stock needs to break above the 200-day moving average to confirm a reversal of the longer-term downtrend. Longby Sahrin0
TNDM 'possible' double bottom and positive MACD indicator Thank you for your time and feedback. TNDM has appeared to have formed a 'possible' double bottom, and if it breaches the neckline the price may continue to rise higher, also please be so kind to notice the positive readings on the MACD indicator. Analysis taken on daily time frame. Have a nice day.by paper_Trader17752
Will TNDM reach the price level it deserves?1) I drew Resistance Line on RSI indicator and it has been broken this month clearly. Also RSI has 2 moving averages and they crossed each other. Purple(40.29) one is more than Green(35.77) one. 2) I drew Resistance and Support Lines on Momentum indicator. Resistance line has been broken. Security has taken support from Support Line. On the other hand, Momentum 0 Line is very common to use in Technical analysis. If it is less than 0, we are in downtrend and security can decrease or security is losing downtrend power. It can be shown as reversal of trend. Also i applied moving average on Momentum indicator (SMA 8 period, orange one). Momentum cut above its moving average and it was another buy sign. 3) MACD has light red bars and they are getting little. It is down trend but it is losing its power. It has same interpret with Momentum. 4) I applied moving average on CCI indicator(WMA 14 period, orange one). CCI had been cut above its moving average in the past but it was not buy sign because we compared it with other Indicators. Momentum and CCI gave us buy sign at the same time because they cut above their moving average but RSI did not cut above its moving average. So we did not buy this security. 0 Line of CCI can be used but it will take very long time to cut above 0 line so it can be other buy sign. 5) I applied 2 moving averages on prices. DEMA(5 period, red one, and 20 period, green one). If red one cut above green one it is buy sign, otherwise it will be sell sign. 6) I calculated Target Price like that it may work or not. Target Price = (Highest level of prices + Lowest level of prices)/2 Target Price = 156.09$ + 13,57$ = 169.66/2 = 84.83$by EmirhanhmcUpdated 0
TNDM LongMaking a pullback pattern near prior pivot, normally is a very bullish setup. It still has to cross that trend line to trigger the entryLongby caveman14Updated 0
TNDM Will it wake upI keep seeing this Bearish Harmonic pattern everywhere. Lets see what happensLongby BlackisKingUpdated 110
QuantProgram seems effective for longer than 5minutes chartThe script developed by QuantProgram seems effective.. Longby otakgemuk110
TNDM in extreme consolidation faze ➕last time it was here we saw about 6 months of consolidation, so better to wait for clear trigger break, and also shares over options due to wide spread on option chains. long trigger is 77.60 / short trigger 47.78Shortby Vibranium_Capital1110
TNDM looks bearishAfter a significant drop in the past 5 years, the price has raised significantly, and it seems to be a good short trade.Shortby Ashkan_OG1
TNDM Trendline Support?Possible trendline support with hidden RSI bullish divergenceLongby StockMaster_Flex111
Inverse Head and ShouldersIt is like SELL SELL SELL until no one is left to sell..so demand increases..Setting bollinger bands on a 80 MA verses a 20 MA can show extreme selling pressure when candles fall out of the bottom band. Set them on a 3 standard deviation with a 80 MA to see Extreme selling pressure.. There is a falling wedge (FW) as well. Falling wedges slope down, both trendlines slope down and converge. Falling wedges occur in a downtrend and can be a sign of a reversal of a downtrend if price breaks up and over the top trendline. A falling wedge is opposite of a rising wedge and a FW is often bullish in the end. A rising wedge is almost always bearish in the end and occurs in an uptrend. Volatile stock, just my opinion, so if you do not like the entry price today, maybe wait until tomorrow (o: Long entry is a break over the neckline in an uptrend/98.70. There has to be a downtrend leading in to an Inverse H&S pattern, it is a reversal pattern so there has to be something to reverse. The RS is higher than the LS (left shoulder) which can improve performance. The shoulders need to be in the same ball park as far as price but are very rarely the same exact price. The neckline does not have to be a straight line and can slope. This pattern performs well in a bull market as a rule.. The RS and the head are a "tweezer bottom" formation. The LS is not rounded so possibly an Adam x 3 bottom. One thing about this stock, is it can go up as quick as she falls down. A lot of candle action going on with some long top wicks showing determination to break up. You can almost feel the price action and the bulls fighting only to be "beared" back down for the daily close. Finally a strong green candle breaks through the R of the neckline all in one day and also formed bullish candle formation to boot. TNDM appears to be ready right for a rally up. Even though the trip down looks bearish, it is still a "higher Inverse H&S" than the previous one with the head being higher than the last one..the last Inv H&S was a tweezer bottom x 3..and the tweezer x 3 bottom before that one was even lower..So if someone were to hold this long term, I guess it has not been that awful in the scheme of things. It is just when we look at the market everyday, it just may seem so (o: Lots of long wicks and tails often signal volatility, but some folks love volatility.. Why does the market do this only to let the stock go up again?? What makes the world go around?? When you figure it out, please let me know! (o: Not a recommendationLongby lauralea2
Inverse Head and ShouldersEstimated Earnings 2-24 AMC.. TNDM is trying hard to push through the resistance of the neckline which is at 98.70..Once it gets through that with a bullish candle or an uptrend, then could be a good trade as these patterns are fairly reliable. The neckline would become support.. This one can be volatile..just in case you have never traded it (o: R overhead as with any stock that has come down this much in price..folks who feel they got stuck up there will be unloading on rallies etc...try to ignore them cos maybe they learned a lesson not to get in at the very top (o: Not really, I hate it when I've done that! Sux Rox.. We have all probably been there and done that! Seems they go down way faster than they go up!! 1 year and 3 year high is 123.74..The targets I listed do not put you there, but there will be R lurking around that level if it gets there.. Head - 84.56 LS - 88.25 RS - 88.90 Possible stop under RS or to get a bit closer possible under 93.75.. Pattern not valid until neckline is broken but TNDM gave it a shot on Friday and was up 4.18 at close..may have a few folks taking profit if they bought this at the bottom..Looks like it may pull back a tad.. Not a recommendation.. Seems like this market has a lot of head and shoulder tops and Inverse head and shoulder patterns right now..There are also an awful lot of parabolic patterns out there..so be safe and keep your money close to your heart (o:Longby lauralea224
TAKE A LOOK AT THIS GRAPH (TNDM)Correct me if I am wrong but based off my analysis it seems that TNDM is in it for the Long. Longby Tictac23630
Bullish ButterflyI was testing this pattern and Boom..it stopped at D..if price falls below D, then exit this trade... TNDM was under intense selling pressure and fell outside the bottom bollinger band set a -2, 2 and a MA of 80..(only used for noting selling pressure).. Stop below D... Possible T2 117.9 to 123.5 I am new to this pattern so do not trust me. Do your own research...it is your money, your plan and your trade.. TNDM is not in a 20 year uptrend and struggles at the highs, this I have noticed.. This pattern rises from X to A, then retraces on the AB leg. Then rises again on the BC leg but not all the way to A, only to fall deeply to D. It is based on FIB levels and looks like a crooked M... The idea is to get close to a good low and an entry that gets you close to your stop. TNDM fell from a bearish narrowing rising wedge (like a lot of the market since the flu hit) and also was in a C&H pattern earlier this year..The handle low held (so far).. Happy Holidays and Happy Tradingby lauraleaUpdated 2
Rising Narrowing WedgeA rising wedge is a bearish stock pattern that begins wide at the bottom and contracts as trading range narrows and the prices move higher. It is almost always bearish but can be a long term pattern. The pattern is not valid until bottom trendline is broken. Unlike triangles, bother lines slope up and converge, or narrow. Rising wedges interfere with supply and demand due to lack of healthy pull backs. A chart is just an Xray of supply and demand..There is a falling wedge right now on the 4 hour chart. Looking at lower time frame charts can help you pinpoint pull backs. The hourly is also a good one, I look for gaps that do not appear on daily. TNDM broke down from a symmetrical triangle and also formed a possible H&S pattern Falling wedges are bullish, but only when price breaks up and over upper trendline. Falling wedges can go on a long time though A lot of red so selling pressure seems like it will end soon. When you set Bollinger bands at 2 and -2 with an 80 MA verses a 20 MA, and price breaks the bottom BB, then I figure there is heavy selling pressure Often this can be a good trade when you feel like selling pressure is over..we never know for sure but there is a lot of red..Price will often Snap back to middle BB at least This type of chart causes a lot of stock holders psychic pain, and one by one they sell as the pain becomes unbearable )o: I still see some Hanger Ons on stockwitz..most are bearish on tndm tho...but when selling is almost complete, there is no one left to sell. So I buy. Stockwitz is a good place to get sentiment on a stock. Better to read a lot of "Down she goes, Im out" "what a loser" "Bear stock of the decade" etc to know selling pressure is getting down to the nitty gritty. Then you jump in and no one left to sell. The 50 MA is pointing down for now. I am watchingby lauralea1
Has TNDM found the Bottom?Stock is falling 5 weeks. But it's seems it almost found the bottom. What we have: 1. 200 MA bounce on daily chart. 2. Almost bounced from 50EMA on weekly chart. 3. Bounced from the long term resistance/support line. 4. Oscilators shows the bottom has found. So, we have to get the clear reversal signal to get in. And if it goes it goes pretty high!Longby Ellat1978Updated 2
Pull Back Fishing Rising wedgeNeutral until correction complete TNDM seems to have issues holding on to a high, but when it moves, it moves. I always thought if I could catch this one at a true bottom, I may buy it one day. TNDM has been in a bearish, narrowing, rising wedge pattern since the market caught the flu. RWs can be very long term patterns, and have to be at least 3 weeks in formation to differentiate it from a flag or a pennant. TNDM has been in several rising wedges since the bottom. This is the largest one It differs from a triangle in that both trendlines slope in the same direction. UP. Price narrows at the apex. It is not valid unless bottom trendline is broken. A strong stock falls an average of 35% according to Bulkowski, but every stock is different. It is possible that a stock cn fall to the beginning of the lower trendline like HRC did (see example in posts) Rising wedges (RW) cause an imbalance in supply and demand due to lack of healthy pull backs. When it is time to pull back, there is a shortage of buyers, so BOOM! Everyone interested in buying, has already bought it I guess. There is a lot of volume at 84.5ish. I will wait to be sure before entering. Tndm broke from a cup and handle pattern earlier this year. Strong stock as a rule so perhaps will not fall too far Good luck!by lauralea1
still long from 4 entryhope some of you are in even if you didnt get the 4 entry ! haha pt is 300! glLongby Vibranium_Capital1123
BIG Potential for TANDEM DIABETES CARE DailyHey my friends, TANDEM DIABETES CARE is in a constant bullish purchase volume configuration, it gives a false signal of refusal from sellers. It will turn around directly to regain its buying force, it is plausible that it will go in the direction of the median. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd331
Rising Narrowing WedgeI can only wait for support levels that may hold if I try to get in If you look there is a huge lack of touches to bottom trend line And it may not fall fall far at all. is already piercing bottom trend line. How far they fall depends on the stock Be safeby lauraleaUpdated 2
$TNDM Tandem Long Setup Into Earnings, Alert set for $105 Perfect technical breakout complete. Previous resistance back-tested then stock rallied 14% Alert set for break above $105 with $117 as short term target. MACD and Histogram attempting to reverse . RSI has plenty of room to run higher. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.Longby Bullishcharts4446
TNDM: Ascending TriangleAscending Triangle, Confirmed Descending volume Trend continuation PPS above 50MA and 200MA 200MA pointing up ATR pointing up 250RSI above 50 Target #1 = 110.02 Target #2 = 134.55 Target #3 = 151.27Longby LeLaf221