Deep cup with tight handle
Clean volume push through resistance
Next test is ~25
Watch for a nice flag to form just below 25. Next move could easily run to ATH's around $42-43. Strong upside trade.
Several build and advance bases
Strong RSI peeking above 80
Approaching LT resistance
Expect consolidation, can be long above 25 with some volume confirmation.
Move beyond year long base
Breaking key psych. level at $10
Daily view shows 14-week double bottom
Daily view shows strong volume
Wait for completion of weekly bar.
More than 2Y uptrend making new highs after taking a second to catch its breath. 2 nice weekly bars with volume, a little RSI and one more volume push would be a full confirmation but this is ripe for long entry w/ half a position.
Great company with a great chart that just keeps grinding higher. Mentioned far less often than FANG but many of the same qualities. Good potential entry here on pullback beneath to 50D MA and clearly defined stop level just below key psychological level at ~100.
Two years of well defined bottom now above key resistance level after a quarter of consolidation. Increasing RSI is bullish. If institutional buying comes in on volume there is upside to 25, then 30. Decent risk/reward setup with a tight stop.
Very bullish action here as we clear LT resistance and a big volume push on Friday headline. Sustained RSI helps confirm breakout. Entry would be long half position with a tight stop around 63 based on the daily chart:
17-week uptrend with strong volume moving in. Expect a bit of consolidation as we get to next resistance level, but continuation of trend favors continuation to multi-year highs near 48. Entry here would be half a position with a tight stop until we clearly graduate above the next key level.
Strong uptrend very much intact after a 65% run this year. Looks ready to get going again after some nice consolidation. Good weekly bar so far and nice volume on the daily bars
Is institutional cash ready to get back into VRX? Feels like a rotation back to Energy and Healthcare in 2018 could help carry this bad boy back to glory. Nice R/R long setup.
Nice break from multi-year base, but light volume looks suspicious, as does this weekly candle so far. Solid fundamentals but heavy institutional sponsorship (95%+ here) without volume suggests it may be susceptible to rotation. No position, could be short on a break below ~35.
Solid, symmetrical bottom pattern moving toward resistance. Key test coming. A break above $11.65 or so with volume provides long entry with a $25 target.
