the orange rectangle is the previous trading range. Double that rectangle to get the target at $612 area. Common retrace targets shown in green squares.
Favorable moving average cross, support found and ripe timing for industry growth mean this solar ETF could be a good investment or trade. I am thinking 5-10 years out on my long position.
Currently testing support of potential double bottom high point. Appears to be good risk/reward here.
Fell through one horizontal support and bounced off the next one. But appears to be backtesting diagonal support turned resistance. Oversold, but I'm not optimistic.
Recent new public stock. Lots of debt. 2 employees. Deals being made. Decreasing sell volume. Broken downtrend line. 'W' shaped price/RSI market structure. Retraced like a mofo. Now stabilized? What could go wrong?
Potential reversal area due to showing divergence. Trendline could be tested. This is one beat down commodity, which makes it attractive. Also RSI broke a downtrend line.
Double bottom possibly forming. Showing some price/RSI divergence. Looking break above diagonal downtrend line and find support above .89. Could flat-line a while first.
No Ideas published for this Pot ETF yet so I figured I'd paint one on here. Needs to break out of the drawn channel to be more interesting.