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.
I'm expecting a retest of a breakout of a high established 2 years ago. After that I'd hope for it to hit the next price target ~19
Buying this on the dip - my price target is ~9/share which will give me ~40% profit. This has been on my list for about a week, just looking for an entry point. If you're able to get in anywhere in the two demand zones (green boxes on the chart - especially at the 5.25 level), I'd say go for it - I am. Earnings coming up, so be cautious. About the...
After watching the swings on this stock for the past 62 days - I'm hopeful that this next upward swing will be what it takes to break up and out beyond the $14.30 resistance level. When it does, I'm looking for this to reach $18-21/share. PTs are ~15. ~17 and then ~21/share.
Breaking above the 52++week high today - let's see what happens on Monday. My first PT is $19 and then $25
Buy signal went off today as the price action dropped below the lower BB in a 4 hour view. Looking for $5 PT