CHTradingGroup

CHTradingGroup Oct 30, 2021

$SGEN may be forming the “cup” of a cup and handle formation. I would look to see if it corrects its advance soon to develop the handle.

CHTradingGroup Oct 16, 2021

$LAC Looks like a cup and handle breakout. Target is the orange box.

CHTradingGroup Oct 4, 2021

The bull pennant on $DISH first identified in August on Twitter seems to finally be getting some traction. Target is the orange box.

CHTradingGroup Oct 2, 2021

This well-defined ascending triangle on $PYPL suggests that we target the upper trend line

CHTradingGroup Oct 1, 2021

This bull pennant should get us to the target range above us

CHTradingGroup Sep 17, 2021

As with so many growth stocks that were pumped to the gills last year and then subsequently destroyed this year, $Z has the familiar falling wedge displaying itself in so many places. I expect it to break out soon and a conservative first target is noted.

CHTradingGroup Sep 17, 2021

$FMC has reacted in the 50-61.8% retracement zone of the rally off the March 2020 lows. It has done so in a 3-swing move so it may be an entirely completed correction, a 1-2 of significant degree. A reasonably conservative first target is the 50-61.8% retracement of the correction, though it may eventually go significantly higher than that.

CHTradingGroup Sep 17, 2021

$SKLZ should, at a minimum, soon get a strong 30% technical bounce from its current levels. At a minimum, I expect a rally to the orange box. It may also be ending the entire decline from February onwards, but I will remain conservative here and only aim for the initial move for the moment.

CHTradingGroup Sep 17, 2021

$NKLA has found support once again in the $9.50 area and it is running out of room beneath the overhead trend line. I am expecting a rally to the target box at some point soon.

CHTradingGroup Sep 16, 2021

$PLATINUM has formed a falling wedge with divergence and has come to retest the 13-year trend line that it broke out through earlier this year. I have two targets.

CHTradingGroup Sep 16, 2021

A successful breakout of this bullish wedge on $AI targets (initially) the orange box.

CHTradingGroup Sep 15, 2021

$OIL has produced multiple bullish structures. 1. Bull flag (green) 2. Inverse head and shoulders (red) 3. And a probe above a multi-year channel is at hand (orange) The inverse measured move is noted, though I expect it will ultimately go higher than that.

CHTradingGroup Sep 15, 2021

$COPPER has produced an inverse head and shoulders pattern and looks to have tested the neckline. If this pattern plays out, it should see about an 7% rally.

CHTradingGroup Sep 15, 2021

So long as it can remain above its May low, it risks giving us another "Kodak moment." Divergence and local trend line support (so far) look good here.

CHTradingGroup Sep 14, 2021

Ethereum update. I expect it to sell off a bit and if it finds support on the orange box, to then rally to all-time highs.

CHTradingGroup Updated  Sep 13, 2021

Lumber may have completed a corrective structure (counts well as one). Unknown whether it is the first of two legs, or two legs already complete. Conservative interpretation thus aims for a 3-wave move to the orange box from here.

CHTradingGroup Sep 10, 2021

Today’s rally on $ES was important from a technical point of view because it was followed by a lower low. The structure of this matters (on my interpretation) because it can be interpreted as an incomplete correction. Today’s rally serves as a “connector” between two legs of a correction (in the bullish case) and we wouldn’t typically expect the first leg—which...

CHTradingGroup Aug 25, 2021

$EEM Massive bull wedge on verge of breakout. I post a limited number of posts publicly, but many more on my private Twitter feed. Be sure to check it out if you're interested.