ravivhe94

ravivhe94

A bearish Head & Shoulders in NYSE:LLY weekly chart (as well in daily chart). NYSE:LLY last move is stuck under a downtrend line (in white) which forms the right shoulder. In addition, the head part forms another bearish pattern - a double top. If the head & shoulders forms is applied, NYSE:LLY may go down to its support level at $433. The entire...

ravivhe94

NASDAQ:NNE shows several bullish signs that indicate a strong potential for an upward move. 1) An ascending triangle form and cup and handle form. 2) Reaching the bottom of an ascending channel + 50 SMA is used as a support. 3) Bear gap at $28.6 that may be closed quickly, considering the fact that NASDAQ:NNE tends to have no gaps at all. In general, ...

ravivhe94

It's clearly to see a potential inverse head and shoulders forming in NYSE:LLY which can lead us back to $900 area.

02:52

ravivhe94

Since its breakout above the resistance line at $544, NASDAQ:META has been consolidating for almost 2 months within a parallel rectangle. The consolidation area is highlighted in yellow (B). This consolidation could potentially end with a breakout above the resistance line at $602. Considering that the next 2 weeks are expected to be volatile (the first 2 weeks...

ravivhe94

A massive cup-and-handle pattern is forming in CRYPTO:ETHUSD (yellow), with the handle currently in the process of forming. An interesting observation is that the handle itself contains a smaller cup-and-handle pattern (purple), which has already successfully broken out. Beyond the technical analysis, applying the Dynamic Time Warping (DTW) algorithm combined...

ravivhe94

A massive cup-and-handle pattern is forming in $NYSE:ACHR. The recent price movement has created the handle shape, and now the stock appears to be surging upward. Graphically, on November 27th, the stock broke through the resistance level of $7.29 with high volume. A brief pullback to test the new support level at $7.29 may occur. Target Price: Approximately $13...

ravivhe94

AMEX:SLV is currently trading within an ascending channel. On three occasions, AMEX:SLV has touched the daily 150 Simple Moving Average (SMA) and reversed upward, indicating strong support at this level. This presents a potential entry point with favorable risk management opportunities. Suggested stop-loss placement: just below the 150 SMA on the yellow...