A nice Bullish Symmetrical Triangle has formed on CRSR...It has just hit bottom support line and I anticipate a strong bounce back up to top resistance where it will attempt to breakout... If a breakout does occur we should see some nice upside to $50+...If breakout is rejected I anticipate the pattern will continue with a drop back down to support line followed...
Watch price action on FSLY for confirmation of breakout... If breakout is confirmed we can expect some quick upside to $130+
A Bullish Ascending Triangle has formed on Microsoft and it looks as if it will attempt to breakout...If breakout is rejected I anticipate a drop back to $215... If breakout does occur I anticipate price will quickly climb back near all time high levels ($232.86) however it will likely find resistance here so it will be important to watch price action... Price...
I published the following on January 6th: Bullish symmetrical triangle has formed on EHTH... Looks like it will attempt a breakout soon which would bring some really nice upside. If a breakout occurs I expect price to easily climb back up to $90 and anticipate it could go as high as $120. Based on my fundamental analysis I have a $115 price target for EHTH which...
Bullish symmetrical triangle has formed on EHTH... Looks like it will attempt a breakout soon which would bring some really nice upside. If a breakout occurs I expect price to easily climb back up to $90 and it could go as high as $120. Based on my fundamental analysis I have a $115 price target for EHTH which is reinforced by the indicated chart pattern.
A bullish ascending triangle has formed on Bitcoin 30 minute chart and it looks like it will be attempting a breakout very soon... Watch my GMMA oscillator for a significant switch over from red to green... If this happens in accordance with rising price action I think a breakout is likely.
Double bottom has formed... Look for strong break through of resistance. If breakthrough occurs we will see some nice upside to $200-$215
Nice bullish symmetrical triangle has formed on amazon... Watch price action and look for a breakout in the near future... If a breakout does occur there will be some nice upside to $1570
Really nice bullish ascending triangle has formed on LULU. I believe the price will easily climb back up to 385 from here and then I will be watching for a breakout of the triangle. Price may hit resistance at this level however, If a breakout does occur I am confident LULU will hit new all time highs. Also, a nice bullish pennant has formed on the 15 min chart...
watch for double bottom formation on SBUX
Double Bottom has already formed and transitioned to a Bullish Flag which has just experienced a price breakout. We could see some really nice upside to $18-$19. In the mean time watch price action and volume .
Watch for breakout to be supported by strong volume... If breakout continues we will see some nice upside to $6
Could be some quick short-term upside to $16
Looks like double bottom could be forming...watch for strong bounce off bottom resistance line.
If price bounces off support line I will buy on the expectation it will easily hit target 1:$260... If it hits resistance here, sell and take profits however, if there is a strong breakout of resistance line we could see some really nice upside. I am watching closely over the next couple days and will consider buying call options if the right opportunity presents itself.
Should bounce off support and easily climb back to target 1... If price reaches target 1 but hits resistance wait and see if double bottom forms. breaks through target 1 it should easily climb up to target 2 price (which is resistance line). If it does climb to target 2 but fails to break resistance, sell and take profits. If it breaks resistance we can expect an...