QBE displaying a nicely defined downward trend channel. Usually actively traded stonks of large outstanding issue display these characteristics which is the case with QBE. A have entry orders placed at $9.65, which will indicate a breakout from the descending channel with stop loss orders at $9.00. If the breakout does not eventuate we might see a continuation of...
Hello, Obviously A2M is in a significant downtrend for some time now. As seen on the MACD (green line on MACD) we are seeing a loss of bear power and on the chart we are still in downtrend (red line on chart). This is an evident Class A Bullish Divergence, also on the Stochastic we can see the stock has been in the oversold area for a since September 2020....
Z1P displaying SHS formation. Looks like neckline has already been pierced by 3% confirming a breakout. My opinion is we should see a drop to the $4.50 area. I am new to TA so please go easy on me :)