Breaking above that bull flag. Lets close above through earnings. $2.75 is the target to beat, lets make the sell wall our new support. If the buying pressure gets big and we close $3-$3.50, we could easily see an explosion up to $6.80.
The pennant setup for the current session is identical in shape to the previous session where $AMC pumped from $20 to $77. Additionally, the Fib-Trend lines up the price action very well. Lastly, we have seen thousands of call options open on $AMC for the $145 strike in January 2022. They are doing price discovery, we can see the most of the buying between...
Very large and strong cup-and-handle setup holding well. Handle is growing out higher lows. Anyone have access to some technicals that could push CYDVF to new highs? All is quiet on the new front and subreddit is virtually inactive.
Nice ol' Cup set-up so far, looking for us to complete up to $4k then correct down for the handle confirmation. Then watch the price book move the buy wall up to $3k and rocket back up to a new ATH once that volume fills.
Looks like Monday should be our Phase E climb. Small pull back on Friday which should have been launch, but they had to scoop up those 75% calls OTM for sweeps. I'm ready, just wish I had applied this sooner and grabbed up some calls for next month. Any millionaires pending out there for next week or two on this play? $59 On Monday or Tuesday
Bull Flags after each rip. Fakeout Break-Downs to shake the paper hands. Channel Uptrend.
Will we break-out or break-down? Hoping for the break-out to the 90's. Lux Algo still holding strong on that Buy signal since January 25th @ $3.60 and MACD is converging next week. Earnings shouldn't be great, but nobody is selling anyway. Bears have exhausted their sell off ladder attack from 2 weeks ago. Double Bottom last week played out fully without a...
Looks like we have a new channel forming below our previous trend. Will we break out above $59 resistance to hold the new trend OR will we break below the new trend and continue consolidation?
Cup & Handle appears to have formed. Tomorrow could see a 50% climb to $75 if this plays out. This is not the squeeze or the top.
We broke out of the TA'ed Bullish Pennant with an upward test toward $60. Found an overall trend channel worth observing through the swings.
The damages are done, we are just playing the waiting game. The longer they drag this on the higher our chances of a margin call go, due to the increasing risk liability. Low volume before the storm. Apes holding the float and price at $40.
Clear Head and Shoulders formation. Drop Potential to $0.27 The hype and community can turn anything around right now, but this is a picture perfect Head & Shoulders. Don't get me wrong, I am in at such a low price that I am holding for a very long time.
I had originally formed this pattern as a Cup-and-Handle. As it turns out, it's a mirror cut-and-handle, also Inverse Head and Shoulders. The certainty of this pattern is much higher than my original observation which was very early hopeful predictions. Lets see if this formulates more accurately than the previous hopeful pattern prediction.
Very short window to form a cup and handle pattern, but Crypto seems to do everything faster than traditional stocks. Certainly the initial handle formation candle wicked down to 1/2 the depth of the cup, which is a good indicator.