TopChartPatterns

TopChartPatterns

NYSE:BMY has reported somewhat disappointing results for 2025, and the investors' disappointment is evident in the breakdown of the double top that had formed. This suggests a likely drop of about 10% in the stock price, although it doesn't affect the long term. The weaker sales in generic drugs should be offset by additional cost reductions, but nobody...

TopChartPatterns

Sometimes the market brings us very curious opportunities , as is the case with Tyson Foods. Our code has detected a triple top pattern, which is quite normal, but in May 2024, this pattern appeared at exactly the same prices and on the same stock. To make matters more interesting, in both cases, it combines with a V-shaped trend reversal, which implies a...

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USB's stock has created an almost perfect head and shoulders pattern, clearly marking the support line in red and recently breaking it, with a pullback included. This leads us to believe that with the recent CEO changes, the questionable acquisition of the Southeast bank, and some fee issues, the stock may suffer in the short to medium term, potentially...

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In 2025, the NASDAQ:NDX index has started with uncertainties that were confirmed at the end of 2024 by breaking the blue trendline on the chart. Since then, as we warned at that time, the price has moved sideways , now clearly showing levels of support and resistance. If the highs that are forming are broken, the price will be ready for another rally,...

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NASDAQ:NVDA created a perfect double top pattern, breaking the baseline forcefully and offering up to two perfect pullbacks that only confirmed that the $127.7 level had ceased to be support and had become a critical resistance . A few weeks ago, we already warned that considering shorts on NVDA was feasible due to the breakdown of a previous pattern (see...

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Unilever has been growing steadily and healthily for years, offering increasing dividend yields. Companies like NYSE:UL are always i deal to have in your portfolio. Right now, after hitting all-time highs, it has pulled back to its support level, offering a chance to buy the stock at a good discount. As if that wasn't enough, it's close to its annual trend...

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Disney presented a HISTORIC buying opportunity on the monthly chart as it approached the lower part of the bullish channel that has been forming for decades. That purchase in the 90s zone was ideal and had minimal long-term risk. Today, Disney has confirmed the bullish breakout of a flag pattern, which is a clear continuation of the trend and should lead to...

TopChartPatterns

We haven't talked about the quintessential cryptocurrency, Bitcoin, for a few weeks. It has been moving sideways, and I've maintained the recommendation to stay neutral. The good news is that the support hasn't broken, and it has provided good buying opportunities. Now, we can expect another drop to the area marked as an ideal buy, or in case of a bullish...

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🟢 When to Be Concerned About Bitcoin in the Short Term BITSTAMP:BTCUSD has surged significantly since the summer of 2024, and the bullish cycle is expected to last at least until the summer of 2025. This means that in the medium to long term, fluctuations shouldn't be a major concern. However, if you're trading Bitcoin or waiting for a chance to buy at a...

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🔴 ICICI Bank is under strong bearish pressure. ICICI Bank is one of India’s top banks, based in Mumbai. They’ve got a massive network with over 6,600 branches and 16,000 ATMs across India. They’re known for their innovative banking solutions and have a strong presence in 11 countries. They’re considered a Domestic Systemically Important Bank by the Reserve Bank...

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🟢 Iberdrola is breaking out of a Pennant Chart Pattern The Spanish renewable energy company Iberdrola is forming a Pennant Chart Pattern amid a years-long bullish rally. This type of pattern is typically ideal for making quick profits as both the pattern and the overall trend indicate the same direction. ✅ What pattern is unfolding in BME:IBE ? The Pennant...

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🟢 Where is Bitcoin and why will hit $200.000 In the chart, you can see all halvings marked by blue vertical lines. The analysis is as simple but strong. After each halving, there is a bull period of 1 to 1.5 years. The last halving was in April 2024, so the maximum price should be reached in April 2025 or during the summer of 2025. Taking a step back to see the...

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🟢 The Russell 2000 is cornered The American index Russell 2000 is at a crucial point for its future development. The price is near the marked double top and is also using the 2024 upward trendline as support. If the 2024 upward trendline is lost, the price could see drops of at least 7% in a few days. If it breaks the double top , it means we have nothing to...

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EUR/USD FAST UPDATE Quite easy, we said previously that breaking the green support was a bearish signal. After a breakout and take profits, now we see the price coming back to the support and forming a head and shoulders pattern. Breaking up the blue resistance level would mean the start of a rally to, at least, 1,07 area. Be ready :) Previous short idea:

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🟢 UBS offers a great trading opportunity (+10% returns) UBS is offering today a 10% returns or more opportunity risking just 2% in the deal. Furthermore, UBS has multiple patterns supporting this. As a bonus point, I will explain how to do this trade RISK-FREE. ✅ What pattern is unfolding in UBS? UBS formed few weeks ago a triangle as a continuation...

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🟢 Navigating the S&P 500 The S&P 500 index is near all-time highs, and many voices are starting to question these prices, even talking about a bubble. But is this true? Setting aside opinions and focusing on technical analysis, it's important to note that as long as we don't lose the $5,860 level, we will remain in a bullish market . Therefore, buying in that...

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🔴 EIX is presenting a fantastic second chance for traders. A new opportunity has appeared on the NYSE:EIX chart. A few days ago, we had the breakout of a double top, which has already set a risk-free trade in motion. Now, it offers a chance for those who missed out to enter a new trade by taking advantage of a pull-back. The last pull-back offered by EIX in...

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🟢 eBay is the paradise of Chart Patterns NASDAQ:EBAY is one of the best stocks if you regularly trade using chart patterns. In the chart, you can see up to five different market patterns in just one year. This makes trading eBay quite predictable in terms of risk/return. We are currently seeing the formation of a rising wedge, which can be very profitable for...