NASDAQ:AEHR has been in a falling wedge pattern since it's last earnings announcement. And as of yesterday, it broke out of that pattern. This is also happened last quarter prior to earnings.
I initiated a trade @ 185, as this appears to be the breakout of resistance. I have a short term target of 213 and longer of 230
NYSE:ANF Showing a pennant pattern with a ~$50 upside. Buying on the dips.
NASDAQ:EA has broken out of the flag pattern and has lots of upside. I'm looking for ~160 as a price target.
NASDAQ:EA The daily chart shows a pennant forming, which has been broken by closing above the top of the pennant @ $140. In the weekly view (shown here), there's a triangle pattern. Top of the triangle is ~$151 and was established in 2018 and tested in 2021. If the top of the triangle is tested and broken (closing above $151 for the week), then this has a...
I've been tracking the steady downward channel along with the similar pattern in the RSI, today the RSI broke up and out of the channel (see the green arrow), perhaps signaling a reversal in the downward price channel.
This has been in a bullish flag pattern and for the past several days it started showing increased TTM squeeze (red dot). Today, it showed a high level of squeeze (orange dot) all-the-while finishing the day with a bullish hammer along with higher than average volume. The target for the Bullish flag is ~$160 If the trading tomorrow shows a price increase with...
Looking for confirmation of a hammer candle. I've dropped into this stock back when it was ~19 and I'm looking forward to a juicy 9% dividend. Nice steady growth, with a great dividend.
A bullish hammer appeared today after a significant correction. Waiting confirmation of a turnaround. First price target is ~50, where it could hit with resistance as it re-tests the high. My next PT is 65, as this turnaround could be the push needed to complete a bullish pennant pattern. I'm hopeful to see $70 by the year end as they continue to roll out new...
Looking at some upside on NASDAQ:QCOM after it's completed a triple bottom pattern. If it breaks out, looking for a target of $180 The stock has an additional bonus - sporting a ~2.5% dividend.
Purchased shares and waiting for the numbers to be announced after the market close. I'm hopeful for momentum to push this up for a breakout. The depth of the bowl is $14, which would be added to the price at the exit after the handle formation. Potential for a $14 upside.
My PT is $25/26 per share Based on the cup formation the price projection is $7 from where the handle completes, giving us ~25. The Fibonacci projection places us ~26.
After several weeks of consolidation, this appears to be breaking out. my next price targets are $25 and then $32.
This is moving higher as it breaks its most recent resistance, making it the new support. My target is 5.45 - we're coming up to a long term high established back in January 2021 at ~$5.52 and that reeks of resistance! Scenarios: 1) Tests ~$5.52 and is rejected to retest a lower support/resistance level before climbing back to retest $5.52 2) Tests to ~$5.52, is...
Seeing good volume after breaking above the high set back in December. My price targets are $8 and $11
This has been bouncing around this box for a while and it may be ready to break out. I'd expect to see volume above the moving average and I'm setting my price target at ~20 (near the 1.618 Fibonacci level). Which gives us a $6 upside.