Buillish
DOW WOWHonestly can't believe I've missed this 20% dow rally. I had the bottom drawn up was so many technicals here to create a bounce but I wasn't monitoring it at the time and its lead to this EPIC rally over the past month. the bottoms clearly in for now. I expect a pul back soon but im not expecting it to go any lower. in my opinion the bottom is in and the fed pivot looks like its being priced in
#LUV inverted head and shoulders playsecond air line play i find on the daily chart with an inverted head and shoulders pattern you can also check out #UAL if confirmed that would main a 19% possible future gain for #LUV putting it up in the low $60's either way i will be watching both of these plays heading into earnings for the next q's guidance as summer usually means more money for people wanting to travel with inflation and sky rocketing fuel cost i know for a fact prices have already doubled normal flights from PHX to SD are normally $75 - $55 one way are currently now going for the cheapest around $150 so it will be interesting to see the guidance they provide as it might give a good insight into their expectations as we head into the second half of 22
Easy 200% Profits Cup and Handle Pattern $9500 Hello fellow money makers!
This is just a quick idea i saw on the 4 hour BINANCE:YFIIUSD . As you can see in the chart BINANCE:YFIIUSD seems to be forming a Cup and Handle pattern as well as showing a potential cross on the Stochastic RSI which supports the Cup and Handle idea for the Bulls. I will be waiting for the breakout of the handle with some volume showing and take a position around $5325-$5350 with a stop loss close by. We could see another small drop before the breakout of the handle however, I'm thinking we should stay above $4800 area and above if this pattern plays out.
I am keeping a tight stop loss on my position around $4750. Take Profits just below $9500. I am feeling pretty good about this one. The distance of the measured move from the bottom of the cup to the top of the handle would bring BINANCE:YFIIUSD to around $9500 USDT, which is a nice profit.
This is not financial advise, do your own diligence and research. Please leave a comment and tell me what you think!
Best wishes to the success of all your positions!