Parallel channel up with a triangle that has broken upwards! Entered at 1.18 and TP at least 2.01 based on the height of triangle.
BNGO triangle not broken yet. But based on the parallel channel up formed last month, there's a higher possibility that the triangle will be breaking upwards. 11.71 looks like a good price to enter and hold. If the price drops to 11.37, can considering buying more and hold till TP. TP1: 14.89 TP2. 16.96
Re-entering TLRY again once it drops to support line ~17.78 TP2 ~24
Hour/Minute Chart showing a Parallel Channel down at the moment. Pre-market is crazily green today. Plan: Buy a lower channel line instead of waiting for pattern to break
5NK at it's all time lowest range Day Chart showing a symmetrical triangle consolidated over 7 months Looks like it's breaking soon?
Invested very small amount into this micro penny stock @ 0.003 TP: 0.021 What do you all think?
Bought this stock in Dec 2020 @0.016 and it has been hovering around 0.015~0.017. Day/Hourly Charts all look like symmetrical triangle breaking soon (?) Plan TP1: 0.023 TP2: 0.026 TP3: Depends on how the stock goes after TP2
There are many correlated stocks in the market. E.g. FCEL and PLUG - the resemblance is even more obvious in the Min Chart. In this case, which one will you focus on? and why? ------- Please share your opinions so that we are learn together :) I will either Long FCEL purely cause it's more affordable or Short PLUG. Note: My brokerage don't allow short selling.
Parallel channel up - Hold despite daily dips - TP @ 14.5~15
PLTR 5 - 15 Min Chart having a parallel channel up. Good stock for day trading before the pattern breaks. Range EP: ~25.41 TP: ~26.16 / 26.49
Potential pennant forming in Day/Intraday chart after it dropped down to 17~18 from 21.9 last week. Pattern not 100% break yet but keeping a lookout for this :)
Seems like a pennant with a breakout. - Referencing pole height, TP @ 0.67