XOMA short term bullish. Nice reversal pattern @ .62%Fibo, bullish divergence on oscillators. The huge gap is not likely to be filled soon and longer term the chart is showing bearish signs.
Study: chartNice upside move, breaking the long term downtrend. It seems to have a history of a fast and furious bullish mover. However, the earnings are on Tuesday, March 18 and they are not looking pretty. The ere is plenty of rum for continuing the upside momentum until ER.
A bit of relief could come but not too long- a true reversal would likely take place much lower. I do not think- at this point- the gap will be filled soon.
Bearish continuation sym triangle - waiting for confirmation. Also a bullish ab=cd with d leg finishing around 4.84. A pattern situation where few days will give clarity and solve it selv.
DRYS is working on a buyable level and I do think it has rum to go lower from the present level of 3.22. Below 2.50 is becoming again attractive.
Despite of a bullish swing on a shorter timeframe, the trend is broken and some patterns showing the direction toward a double bottom. I am going to stempel as a "short"
Bullish divergence showing and a bullish pattern- yet there is a bearish continuation triangle pattern. If the gap will be filled than I expect a bottom @ 5.
ABCD pattern might be successful finished @ 5.36 and probably until the earnings will be realised. After that - a pullback could be in play.
Still think it is a long play but it makes sense to revisiting 512 level based on the chart pattern.
Very confused at this moment- could go both ways- for a double top and for 55-54 trgt on the downside- I go for downside:)
Bullish divergence- close to breakout on the upside from falling continuation channel
Maybe is not a failed bullish pattern- still working on consolidation below MA50- and still in play the bullish bat pattern. Above 5.8 would be on its sure way to the first target @ 6.36
Struggling to breakout from the downtrend- had few attempts and failed. The bottom rectangle (consolidation) is still working- if it breaks on the upside my target would be 24.5
Extended cd impulse leg and a pullback might be on the way. A retracement of .62% is what I am looking for.
Going lower 56 ish support level would be likely heading toward the bearish flag target. However, the 59 ish support holds nice so far