TTD daily chart reflects clear Head and Shoulders, with flag above it. The flag was broken down in recent move downwards, also moving the price below the neckline, indicating potential failure of a signal, Although, as the price has emerged back above the neckline, and coming back in range, that could be an indication to upcoming strong upward rally sooner!
A Giant Inverted Cup and Handle observed for $MAXN Does this mean the big downtrend is coming?
Parallel channel peak touched, and price reversed with big red candle looking like Wide Ranging day. I think it could reverse at least in short term, if bullish on long term, $338 looks like a safe buy! Let me know your thoughts. Thanks!
A giant Inverted Cup and Handle can be observed for TXMD on weekly chart. Starting around in Q3 2011, until Q3 2021, that's a giant most pattern I've ever observed! And unfortunately it's bearish! Anyway, all the stakes I have in this company are from the profits that I earned from the same stock! And I'd still continue to keep that stake in it! I'd rather say,...
$OTLK seems to be breaking out upside on the bullish news - reported statistically significant achievement on Phase 3 trial for both Primary and Secondary endpoints! The chart also shows the double bottom pattern completed with parallel channel formed above it, which is now being broken out upward. Irregardless where it goes in short term, the company has...
$EVLO has completed cup and handle on weekly chart, but it also slid drastically! Any suggestions in this case?
Is this a giant cup and handle just completed for $AMD Did the long term trend finally turn bullish? Both chart and RSI confirms the same pattern!
Inverted Cup and Handle observed for TCOM!!! Prices can also be seen dropping on the cup and handle line! Is this a clear signal for an upcoming long term downtrend? Or there's some bigger picture to be seen? Please let me know your thoughts!