Chart has it all. Earnings is perfectly illustrated in the chart. If earnings were good and the stock sold off it would be bearish, but it didnt, so it is certainly bullish.
Loved Charting this one. Keep that stop loss tight. The volume is picking up, on a weak catalyst, but is making new highs when the nasdaq is selling off, and will likely move higher with the russell 2000 after Joe Biden's debate tonight.
Best perfoming stock in the best performing industry. I'm wating for a larger retracement, then enter long on a bullish volumous signal. I believe it is possible that the stock could already go higher but I feel this is the lowest risk entry setup, after having made 4 strong moves.
Where will we go next? I want two more moves!
Weak Stock With With A Re-test of Resistance with Volume.
Re-test of prior trend line support, current horizontal support, and the potential breakout of trend line resistance showing a triangle breakout pattern.
Ascending Triangle on the 200 Day Broad Market. Trend line support shows an area for area for early entry.
I see a macro scale trend reversal pattern in my charting. I see a re-test of a consolidation pattern, and it appears that volume is rising. Looking to confirm this reversal trend with continued volume. I want the volume to break the former trend line support.
Looking for a re-test of support. There are multiple areas of support; the double top, the trendline support, the bullish triangle and the fib extension. I won't get long until I see a re-test of support.
CLX is in a strong sector (XLP) that is due for some love. This stock has pulled back to horizontal and trendline support. Possible longs are above $200 or early entry now at support. There is no divergence and the coutner-trendline has not been broken, so buying above $200 has greater incentives.
General Mills is a strong strong stock in a strong sector. It has recently made a 40 day high and a retracement. It is at an area of strong horizontal support. It has made three symetrical pushes down and is ready for support. There is bullish divergence on the hourly timeframe. Next level of support is at $58, where I will place a stop loss slightly below. My...
This is a strong stock in the strongest sector, at an area of horizontal support. It has bullish divergence with the CSI(10) on the hourly. I am using horizontal support and volume profiles for my stop losses. I am using measured moves for my take profit. The majority of the volume traded on 5/14 was near the high of the day, showing a bullish trend.
CHWY is a strong stock at a level of horizontal support. It is breaking its counter trendline resistance. It has bullish divergence between price action and the CSI(10) oscillator on the hourly chart. I am using the next level of support as a stop loss and measured moves from my take profit, which are congruent with historical resistance price levels.
HRL is a strong stock, and has made three pushes to the downside. It is at the third push to the downside, at a point of critical support. I have drawn a line from prior support from price action and volume profile where I believe buyers will step in. There is divergence between price action and the CCI (10) indicator and weak divergence between price action and...