Very bullish on SEDG here along with many others in the sector- while certainly a longer-term play, will be watching for a breakout. ICLN & TAN look ready for a breakout as well (attached below along with previous chart)- some bigger support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish all the way and...
Big falling wedge on ENPH here while simultaneously bouncing off the 200-day EMA, Bollinger bands are also squeezing (not pictured). Will be watching closely for a breakout and push upwards here (broader market conditions permitting)- See previous charts on ENPH below as well as charts on ICLN & TAN - Just some support and resistance levels to watch along with...
Big falling wedge on CAT here after breaking below the symmetrical triangle it was previously holding, big gap to fill on the upside, and some slight bullish divergence on the RSI. Watching CAT closely here for a breakout from this wedge (Broader Market Conditions Permitting). Bullish- just some support and resistance levels along with some RSI-based supply and...
Looks like an ascending triangle forming on GS after a long downtrend & some consolidation- - Closed yesterday sitting on the 100day EMA and looks like it will reclaim the 50-day as well - Buyer volume starting to pick up again, was in oversold territory for quite some time - MACD is seemingly about to cross, EMA's curling upwards on shorter timeframes (Not...
The SPY closed on Friday finally breaking below the channel that it's been holding for quite some time now, and closed sitting on the 50-day SMA. Every time we've previously touched the top channel line, the SPY has fallen to the bottom channel line and bounced right off (see charts below). However, there is a very clear shift in seller volume starting to outweigh...
Been a while since I've posted an updated chart on ETH so please see previous charts in description below- Frankly ETH is looking quite nice at the moment holding a big symmetrical triangle on the 4-hour timeframe- - Reclaimed the 50day EMA and others starting to curl upwards - Bullish Gartley Harmonic Formed - Bullish divergence on the RSI - MACD Cross on the...
Looking for SQ to find some support here, sitting right on the 100day EMA, buyers starting to step in, and a little bull flag forming at the end of the parallel channel its been holding - Just some FIB levels & RSI-based supply and demand zones to keep an eye on
Personally am bullish on SQ here- will be watching closely for a breakout - Sitting right on its 200day EMA - Nearing the oversold range on the 4-hour time frame - Falling wedge on the 1-hour timeframe and oversold on the RSI (See Chart Below) Should pop with buyer volume, (Broader Market Conditions Permitting)- Just some support and resistance levels to keep an...
ETSY approaching the end of a big symmetrical triangle and frankly looking quite nice here, with buyer volume should pop (Broader Market Conditions Permitting). Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones
Update- See previous charts below- (ICLN & TAN charts below as well) -------- Just posting a quick update as I just noticed this, almost the same exact formation and trend now as the weeks preceding ENPH's last run- All previous price targets reached and the gap on the upside has been filled. However, am very bullish on ENPH here. Would like to see ENPH start to...
Watching the financials closely in the coming few weeks, JPM closing on Friday sitting right on the 50day EMA and holding a little bull flag as well. will undoubtedly be a long-term play but definitely worth noting that there was a very clear bear flag on the XLF last week that could potentially continue to play out, so something to keep in mind. However,...
PLUG in a critical spot here testing a long-term uptrend line. Watching this one closely, big symmetrical triangle on its yearly chart but also quite a large falling wedge (See Chart in Description Below). Bollinger bands are as tight as can be with some bullish divergence on the RSI- Just some FIB levels & RSI-based supply and demand zones to keep an eye on
Big falling wedge on RUN that it's been holding for quite some time now. The solar sector tends to be cyclical with respect to price action, which in turn leads to big breakouts and vice versa (See charts of ICLN & TAN). With all of the intraday choppiness and the broader markets seemingly starting to pull back a bit as big tech takes a breather, the solar sector...
CVS coming to the end of a big symmetrical triangle and frankly looking quite nice here. Held the 50-day Moving Average nicely and a nice spike in buyer volume EOD on Friday- with buyer volume should pop (Broader Market Conditions Permitting). Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones - Bullish and...
Been watching VZ for a while now and has been holding this wedge for quite some time, with quadruple witching coming up on the 17th and September being historically a bad time for equities, a low beta stock like VZ should theoretically outperform the broader markets. (VZ Beta = 0.45). From a technical standpoint, VZ is also looking quite nice, closed yesterday...
Watching HD closely here and looking for a breakout (Broader Market Conditions Permitting) - - MACD is seemingly about to cross - Bullish hammer right on the 50-day EMA - Slight bullish divergence on the RSI - just some support and resistance levels to keep an eye on along with some RSI based supply and demand zones PT1- $325.78 PT2- $328.73 PT3- $329.49+
Big falling wedge on FSLY that it has been holding for quite some time now, however, is seemingly starting to break out of this formation- Bullish and will be looking for a breakout, just some FIB levels & RSI-based supply and demand zones to keep an eye on- - Closed Friday sitting right on its 20-day SMA (Not Pictured) - Bollinger Bands Squeezing - RSI has been...
Watching JWN closely here especially with the expected acquisition news- Personally am bullish and will be watching closely for a breakout (Broader Market Conditions Permitting). Just some FIB levels and RSI-based supply and demand zones to keep an eye on- - Possible cup & handle forming - Bull-flag on JWN's yearly chart - Gap to fill on the upside