Top line slopes down and is resistance until broken. The bottom line is virtually flat and has been broken. This line was support but is now resistance so I turned it orange. Some would wait for 2 closes to recognize this as a break but we are all different. Possible M pattern forming. Earnings 11-2/estimated. No recommendation
Price is still above the neckline which's support until it is broken. Not valid until the neckline is clearly broken. After the neckline is broken, a stop can be placed above the neckline for a short entry. No recommendation
Price is testing the neckline. This pattern is not valid until the neckline is broken with a downtrend. It has been broken but there is no clear downtrend. Earnings are 11-29/estimated/AMC. Short interest is low and is less than 1%. No recommendation.
Earnings today. Descending triangle which is neutral until broken. Top line slopes down and bottom line is support and virtually flat. Rectangle, another neutral pattern, is also noted. Top line of rectangle is 614.36. No recommendation. ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and...
LEVERAGED. Price has broken the neckline. Target 1 has been met. Resistance overhead. No recommendation. Direxion Shares ETF Trust - Direxion Daily Semiconductor Bear 3X Shares is an exchange traded fund launched by Direxion Investments. It is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. It invests through...
Earnings 11-2 BMO (before market opens) Neutral pattern until broken. No recommendation
Neutral pattern until broken and this one has broken to the downside. Horizontal trading channel and a consolidation pattern. The top line is resistance and the bottom line is support until broken. Support is now resistance for TXN. Short interest below 2 percent. NO RECOMMENDATON
This triangle has broken to the downside. Close to a support level. Engulfing candle/bearish today but needs a 3rd candle for confirmation. NO RECOMMENDATION
There are 2 patterns I see, the bat and a head and shoulders. I hate to contradict myself but I see it )o; This could have been a Head and Shoulders pattern that did not make a 100% fall which is not unusual. This pattern can fall more or less than 100 percent. The 2 spinning tops are sitting on the prior neckline so I turned this level blue versus green as...
Bullish Bat as most M patterns are bullish meaning they reverse on the 4th leg which is down. The first leg is Up. Peak 2 s lower than peak 1. This did not quite hit the .886 but still very close. News popped this early and there was also a very small gap that acted as support. Price is at a horizontal resistance level and 2 spinning tops are struggling at...
Earnings estimated to be 11- BMO. Neutral pattern util broken. Yearly high and ATH 745.33. This stock has escaped lethal pull backs. No recommendation. Company Profile Coca-Cola Consolidated, Inc. logo Coca-Cola Consolidated, Inc., together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola...
There is a pole and a structure that slopes against the most current trend. Price has broken down from the structure but has hit a support zone and is up a bit today. Some would take the pole using the magnet ad project it up or down from the flag to get a guesstimate of targets. This is a neutral pattern until clearly broken and the definition of clearly broken...
I read LRCX beat earnings yet there appears to be a sell off today. Price is on the support line of a descending triangle tat is neutral until fully broken. Prior bearish rising wedge that broke to the upside. Price is trying to break the bottom line level. Possible RSI Diversion. No recommendation
W pattern noted. Double top also noted. Earnings estimated to be on 10-26 which could dictate IF or how far this will fall. T1 is marked if this continues to fall. T2 is listed in the event T1 is passed and so on. Flag like structure that is best seen on daily. Price fell from a bearish rising wedge a while ago. No recommendation Daily chart:
Earnings estimated to be on 11-1. Symmetrical Triangles are neutral until broken. Support level below triangle with 3 touches. The more touches a support or resistance level has, the stronger the level becomes. No recommendation
Price broke the bottom trendline of a bearish rising wedge a while back and price broke the bottom trendline and recovered. Both trend lines slope up and narrow at the apex. M pattern within the triangle that broke the bottom trendline but a throwback occurred and price recovered. This M has a 4th leg that terminated at the 1.618, so most likely a Crab. Peak 2...
Neutral pattern until broken with a trend in that direction. Top line is resistance and bottom line is support. Earnings in mid November. No recommendation. 52 Week Range 135.41 210.00 Day Range 189.13 196.84 EPS (FWD) 5.73 PE (FWD) 34.73 Div Rate (TTM) 0 Short Interest 4.49% Market Cap $8.41B Globant S.A. operates as a technology services company worldwide....
Earnings today AMC. M pattern noted as well as a possible flag. Peak 2 is lower than peak 1. Leg 2 terminated close to the .618 of leg 1. The Gartley would land at the .786 of leg 1. The Bat would land at the .886 and the Alternate bat would land at the 1.113 of leg 1. A lot will depend on how earnings are received. No recommendation. Short interest is around 3%.