CharlesHoodson

CharlesHoodson

Here are two possible scenarios: Personally looking for a buying opportunity from this major support area. But if the price closes below the support area and gives us a good bearish breakout, we will execute the shorts initially. Manage the risk well.

CharlesHoodson

After a sustained downfall, Walgreens is going up. The three indicators (ADX & DI, MACD and Stochastic) shows strong signals of a long position. -ADX & DI: The ADX line is above the 25 line giving a strong signal and the DI+ DI- has crossed. -MACD: The histograms shows signals of a long position and the two lines are going up and also has crossed. NASDAQ:WBA

CharlesHoodson

here are two ways to take a measurement from a symmetrical triangle. One is to measure the height of the base (AB); projected that vertical from the breakout point at C or the apex. Another method is to draw a parallel line upward from the top of the baseline (A) parallel to the lower line in the triangle.

CharlesHoodson

Example of a bullish falling wedge.

CharlesHoodson

Example of a head and shoulders top.

CharlesHoodson

Trend Channel in a downtrend.

CharlesHoodson

Example of an ascending triangle on USD/CAD

CharlesHoodson

Example of a double top.

CharlesHoodson

Gold prices are falling.

CharlesHoodson

Pandora is going up, predictions estimate that the price will reach 12$ per share.