balinor

balinor Updated 

Head and shoulders in the beginning but then price dropped a lot cause of bad results of new obesity drug Today new worries about price review put the price below the blue support Price reached weekly sma200 now and I expect this can be the recovery point

balinor

Since last summer, the price has started compressing within a symmetrical triangle. Volumes are also perfectly balanced with the POC located in the middle of the triangle Next week's earnings could give the price the definitive direction, confirmed by a close above or below the two red and green lines

balinor

Price reached minimum again Double bottom pattern by the way but price must close a candle above 32$ to confirm

balinor

The price is completing the formation of an inverse head and shoulders pattern with a neckline around $326. An imminent completion with a strong upward movement is possible. The volumes also confirm the pattern

balinor

Price finally breaking out of green channel up A lot of GAPs are waiting to be filled upward

balinor

Price cannot drop below 18,85$ from many weeks and looks like it became a strong support Downtrend trendline (purple) is getting closer and a breakout will probably happen soon First resistance at 21$ (light blu)

balinor Updated 

Fake news hit badly and price dropped to the bottom of green channel touching horizontal support at 546$ High volume Lot of gap to fill Maybe price will move few days on the bottom before the expected strong rise

balinor

Price closed outside red trendline and a new uptrend will probably follow Upmove started from sma10 and closed above sma50

balinor

Third competitor of obesity race is getting ready Price reached weekly sma100 and touched bottom of green channel up

balinor

An head and shoulders is almost complete Price moving below 67$ can activate a major drop heading to 62$ as a first target

balinor

Price will probably continue to drop heading 69$ zone where a GAP is waiting to be filled Bottom of purple channel will be touched again and an uptrend will probably follow Confirmation by closing over red channel

balinor Updated 

Price reached bottom of green channel up and touched 1W sma100 (green line) Ready to start a new uptrend

balinor Updated 

Leader of diabetes devices dropped badly for unmotivated fears Price on long time support ready to begin a new uptrend

balinor

Price dropped badly after earnings reaching weekly sma50 Price also keep inside green uptrend without breaking previous minus (blu trendline) Bounce expected A close below blu trendline will void this idea

balinor

Inverse head and shoulders are on the way Earnings will come soon Celsius is super growth stock

balinor

Price is skyrocketing when sma20 (yellow line) meet trendline last two times Get ready for the last jump that is coming soon

balinor

I missed the breakout in September but upside range is still very big Price stopped at blue resistance and probably a pullback will follow A good entry point will probably be available soon

balinor

An inverted head and shoulders is almost complete Price can get a strong upside boost during next weeks