Analysis of OXY stock price breakout and potential continuation It appears that there has been a breakout of resistance at the level of 61.88 in the price of the stock of OXY.
This breakout could potentially lead to a continuation of the upward trend in the price, with a possible target
of 66.46. On the downside, there is a support level at 60.47, which could act as a barrier to further declines
in the price. Overall, it seems that the price of OXY may be in a bullish phase, as evidenced by the breakout
of resistance and the potential for further gains. However, as with any investment, there is always a degree
of uncertainty and risk involved, and it is important for investors to conduct thorough research and analysis
before making any decisions.
Breaoutsignal
BTC at critical support, but sings point downIn this weekly chart we can more easily see the rising Head and Shoulders pattern, followed by a long flag pattern lasting over two months. The H&S pattern is confirmed by the volume and with the breakout from the flag today (closing price at $35800 at time of writing, or more than 3% previous close), we next must watch the green dotted line support. If the probable break from that support happens, I'm expecting it to tumble to around $29000, presenting the next opportunity for reversal based on standard measurement of a head and shoulders pattern.
Key learnings:
- H&S pattern has higher volume on left shoulder than the head.
- pattern breakout is when closing price is more than 3%. In this case, BTC price close is more than 5% lower than the support trend line of the flag pattern.
- measurement principle for H&S is about half the height from neckline to the top of the head, so expect drop to $29000
$PTPI SYMMETRICAL TRIANGLE$PTPI: SI 25% |BC 150%
SYMMETRICAL TRIANGLE
Petros Pharmaceuticals, Inc., a pharmaceutical company, focuses on men's health therapeutics. The company engages in the commercialization and development of Stendra, an approved PDE-5 inhibitor prescription medication for the treatment of erectile dysfunction (ED). It also develops and commercializes H100, a patented topical formulation candidate for the treatment of acute Peyronie's disease; and markets its own line of ED products in the form of vacuum erection device products. The company is based in New York, New York.
$ISPC entry 14.65-16.15-ish Target PTs 29 and higheriSpecimen, Inc. provides technology that connects life science researchers who need human biofluids, tissues, and living cells for their research with biospecimens available in healthcare provider organizations worldwide. Its cloud-based technology enables researchers to search for specimens and patients across a network of hospitals, labs, biobanks, blood centers, and other healthcare organizations. The company develops and operates iSpecimen Marketplace, a proprietary online marketplace platform that connects medical researchers who need access to subjects, samples, and data with hospitals, laboratories, and other organizations who have access to them. It serves biopharmaceutical companies, in vitro diagnostic companies, and government/academic institutions. The company was incorporated in 2009 and is headquartered in Lexington, Massachusetts.
GBPJPY LONG IDEA * PRICE ACTION & STRUCTURAL TRADE - BRK OUT3 hours ago
Hello everyone
Hope everyone is good having a good week in the markets... here's an idea on the POUND / YEN
* follow your entry rules on entries
* significant moves with the bulls change the plan.
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
EUR/USD BUY SIGNALHey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
EUR/USD: Day-Swingtrade-Preparation
Market-Buy: 1,09930
Stop-Loss: 1,09320
Target 1: 1,10510
Target 2: 1,11000
Target 3: 1,11450
Stop-Loss: 61 pips
Risk: 1%
Risk-Reward: 2,5
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
GOLD: Day-Swingtrade-Opportunity!#Sell this BreakoutHey tradomaniacs,
welcome to another free signal!
-----------------------------
Type: Day-Swingtrade
Sell-Stop: 1406,49
Stop-Loss: 1413,43
Target 1: 1394,81
Target 2: 1385,97
Point of Risk-Reduction: 1401
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)