A clear ending diagonal, with a triple divergence on RSI (30 min).
Corrective channel, EW Flat - wave C has a complete 5-waves internal structure. Price is also at DMA200.
This idea is not new, I was posting it several times on X. Since the last post in early November the stock moved +150% THE VOLUME WAS MASSIVE TODAY, FOLLOWING THE NEWS WITH NVIDIA INVESTMENTS. A LONG-TERM BUY; ANY CORRECTION IS AN OPPORTUNITY
Impulse, followed by a correction (flat pattern 3-3-5). Target for the next wave up $15. Daily chart is promising, expect a longer-term trend (see in the update)
Breaks out of the corrective channel. Given BTC had broken out of a similar triangle, this should repeat )) Trade safe
The idea was a simple one - a break-down through the trend line, and a flag. So far moves as expected. Will see how long will it go.
Price is breaking the corrective channel. An earlier entry from today @ 0,6137. SL 0,606
As an assumption, I am considering a running flat pattern. As a likely confirmation that it has been already completed, are: 1. Head and shoulders patter, retested neckline 2. Break of the channel for the wave C.
I am assuming the next move up within the wave 5. Posting more relevant info re my trades in the updates below. Trade safe
cup and handle - vs extended 5th wave - vs similar post-halving trajectory
At least a similar wave down after the break down. Potentially a nice runner, I would give it a try, if it falls
A candidate for another -90% drop. Price is printing a flat (looks complete). Target ~$2 per share. Need a confirmation that the impulse advance in the wave C is done.
I assume that the bullish move is a correction against the impulsive bearish wave (a leading diagonal). The pullback reached the 62-78% zone, that usually provide a nice R/R (5x to test the daily low). Locating now intraday opportunities to ride the wave down.
I potential Head and Shoulders pattern. Zoom in to smaller timeframes to locate an entry. Price beaks out of the flag/ corrective channel
A nice ending diagonal is complete. Don't miss this stock, incredible move up is likely. I am in since last week, before the local breakout.
A nice cup and handle pattern. Zoom in to daily/ h4 to locate the appropriate entry
A head and shoulders pattern. Entry above the level indicated on the chart, RR 9x - target is based on the size of the pattern (2x)
A long-term trend line is broken. The upside move is, likely, the fifth wave within the bullish impulse, therefore I am targeting only a short-term move up to the green line/ resistance.