double Bottom pattern with a breakout today. minor pullback to first resistance level (neckline) then retesting second resistance level. if we fail to push above first resistance level, we can see lower.
first time doing this... one of two scenarios could go down. let's see what happens
Cup & handle formed, but failed to get past the line of resistance for an upward continuation - let's see if we can get past it next week.
today was a bit choppy after trump's stimulus tweet. let's see if this cup and handle goes as planned...
has a few catalysts tied to it as well. worth watching.
bollinger bands showing the next big squeeze is coming. long based on hidden bullish divergence
Grey box show consolidation area. on my watchlist
support and resistance forming a bullish pennant
falling wedge appearing on the hourly & seeing hidden bullish divergence. assuming airlines get government aid, we should see a move up. bearish otherwise.
flag pole + pennant is there-- entry for a downwards breakout is now.
Short term we stay in the 100+ area. Long term we see a downtrend in pricee