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Bullish Pennant

Dollar Inverted Head and Shoulders into Possible Cup & HandleHere we have several bull patterns on the dollar futures. First we established and broke out of a bull pennant, Then we moved onto another bullish pattern, inverted head and shoulders, and now we've developed a cup. Is this a handle that formed on the cup? Whichever way you look at it, this is very bullish price action on the dollar. What I'm looking for is the price to break through resistance and into the blue channel while flipping the resistance into support and ultimately capturing the top of the blue channel. ICEUS:DXY
ICEUS:DX1!Long
by jakelikesstocks
S&P 500 Bullish Pennant Incoming???Do they play around with bears? is this a massive bull pennant ready to explode to 4k? Check all the companies that announce earnings this week for hints!!! We already have multiple formations like Inverse H&S, Bull Flag, Cup & Handle and now we have this one as well... The stakes are high and although i am not a US citizen i have a feeling that Trump is going to get re-elected. Take that in consideration together with the fact that FED stated it will keep interest rates to 0% until 2023 we may be in front of the biggest bubble in financial history!!! Big up till 2022 and then Michelle Obama will come as a savior to unite the United States of America.Stay on the sidelines is the best strategy for me at the moment, wait for strong confirmation and enjoy the ride :)
SP:SPX
by Philoslother
2
Taat lifestyle is about to go up with smoke!Taat lifestyle looking like a great buy with price line on support, bull pennant looking like its forming well. The price should appreciate due to a couple factors: - Prices buying pressure has pushed this stock back to support and would like to see a confirmation breakout up within this week. - Shipments of first hemp product is on its way and should arrive November 27th 2020. Hype of that news will build and price should react. About Taat Lifestyle: A proprietary blend of premium hemp that is exceptionally flavored with rich naturally occurring terpenes. A better-for-you alternative to tobacco that tastes and smokes as well or better than traditional cigarettes. Taat Beyond Tobacco™️ cigarettes are non-psychoactive & contain no tobacco and no nicotine, making them ideal for use as a tobacco replacement or cessation tool. Cannabis benefits without the ‘high’. Effects of high yielding CBD and CBG but is Non-Psychoactive and does not deliver the scent or taste of cannabis. source: taatusa.com
CSE:TAATLong
by CryptoTheory
1
ZM Bullish PennantZM has consolidated and formed a bullish pennant it is likely to complete or void in the next few days. Price depends a lot on virus news among other things. A break above the the pennant and break of 501.05 could lead to a gradual move to 544.67 by Oct 26. That move would be a continuation of an August uptrend that ZM still seems to be holding. A break below the pennant and 476.36 support could lead to more consolidation in its current range. It is important to note that RSI has been a strong sell indicator for ZM and it is nearing an overbought condition. If ZM were to selloff more and break 465.01 it could move further to 431.43 before more upside.
NASDAQ:ZM
by crawfordpaul
EURUSD BEARISH BIAS 20.10.04Head and Shoulders or Double Top Potential of these two Bearish patterns coming up. Confirmation on the Fibonacci will be supported by price breaking through 1.17000/1.16900 Selling only if price breaks solid below 1.16900, exit at 1.16449 Bearish Bias is wrong if price breaks solid (not wick) above 1.17550/1.17600 Bullish Rectangle / Bullish Pennant continuation pattern will form. This post does not provide financial advice. It is to provide and contribute my trading ideas. Trade with courage and caution. May the pips be in your favor.
by DokuFX
$4672.50 in 2006 to $6.00 - Huge Demand, Robust EarningsPacific Ethanol, Inc. produces and markets low-carbon renewable fuels and alcohol products in the United States. The company operates in two segments, Production and Marketing. It produces and markets ethanol; and co-products, such as wet and dry distillers grains, wet and dry corn gluten feed, condensed distillers solubles, corn gluten meal, corn germ, corn oil, dried yeast, and CO2, as well as markets ethanol produced by third parties. The company also offers ethanol transportation, storage, and delivery services through third-party service providers. It sells ethanol to integrated oil companies and gasoline marketers; distillers grains and other feed co-products to dairies and feedlots; and corn oil to poultry and biodiesel customers. The company owns and operates nine ethanol production facilities, including four plants located in the Western states of California, Oregon, and Idaho; and five plants in the Midwestern states of Illinois and Nebraska. Pacific Ethanol, Inc. was founded in 2003 and is headquartered in Sacramento, California. I think this is the beginning of something huge. As I noted, the stock hit a high of $4672.50 in 2006. Demand for Alcohol products in the United States and around the World is outstripping supply as can be seen in Pacific Ethanol's last earnings report below. The company continues to pay down its debt too. August 11, 2020 Shares of Pacific Ethanol (NASDAQ:PEIX) moved higher by 38.29% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 258.82% over the past year to $0.27, which beat the estimate of ($0.20). Revenue of $212,074,000 beat the estimate of $174,200,000. This is a pure turnaround play in my opinion with a lot of room to run a lot higher. Daily Chart is Bullish with most indicators trending up, Bullish The stock continues to make new 52-week highs. Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
PLong
by HotCharts
JAZZ/USD Long$JAZZ looks to be in bullish continuation here: On the 1D chart it looks like it wants to visit $143/144 (potentially after a retest of the diagonal it broke out from around $125) Reasons: -It had a strong breakout from a bullish pennant, the target for this breakout would be the height of the bull pennant's flagpole added to the point where price broke out of the pennant -Price may like to visit near the top diagonal of the multi-year trend channel, adding conviction to the target of the bull pennant Bullish bias continued via Ichimoku: -Kumo cloud is green -Tenkan is above the Kijun while both are above the kumo cloud -Lagging span is well above the kumo cloud Other Indicators: -MACD seems to have just flipped bullish -RSI not yet in overbought territory -(not included in chart) price is not yet above the top MA of the Bollinger Bands so still some room for price to expand to target Gap to be filled (in time) at $112.45
NASDAQ:JAZZLong
by Hrempe
Ascending Channel & Bull Pennant for Gold?Notice the downward sloping blue line, this is considered the resistance of the pennant, if the price breaches above it'll confirm the patterns a bullish pennant. The two green upward sloping lines are potentially forming an Ascending Channel, there is however a slight deviation where the price breached the top of the channel, but noticeably since then the price has drifted towards the bottom of the channel. The KST potentially just had a golden cross, this is where the green line spikes above the red, typically a bullish indicator. The RSI may find some resistance at the blue downward sloping line, if so And the price continues upward that would likely create a bearish divergence. It would be nice to see the RSI break above the previous high flush to the upside & the price rise simultaneously.
TVC:GOLDLong
by ScotianBot
Bullish Charts - Online Sports Betting Play & New Boyd ContractInternational Game Technology PLC operates and provides gaming technology products and services worldwide. The company operates through four segments: North America Gaming and Interactive, North America Lottery, International, and Italy. It designs, sells, and operates a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; provides online lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services. The company also designs, develops, assembles, and provides cabinets, games, systems, and software for gamin market, as well as offers gaming management systems for casino management, customer relationship management, patron management, and server-based gaming. In addition, it provides video lottery terminals (VLT), VLT central systems, and VLT games; and amusement with prize machines and games to licensed operators. Further, the company offers sports betting services on sports and motor sports events, and non-sporting events, as well as sports betting technology and management services. Additionally, it provides digital gaming products and services, including poker, bingo, and online casino table and slot games; social casino content; and remote game server, as well as iGaming systems and digital platforms that offers player account management, advanced marketing and analytical, and payment system services. The company processes commercial transactions, such as prepaid cellular telephone recharges, bill payments, e-vouchers and retail-based programs, electronic tax payments, prepaid card recharges, and stamp duty and money transfers services. The company was formerly known as GTECH S.p.A. and changed its name to International Game Technology PLC in April 2015. The company was founded in 2014 and is headquartered in London, the United Kingdom. International Game Technology PLC operates as a subsidiary of De Agostini S.p.A. IGT is known in the industry and is well respected. The company started jumping into online sports betting. This is a hidden gem teaming up with some huge players / casinos. See news below. IGT Announces Sports Betting Technology Agreement with Boyd Gaming finance.yahoo.com IGT, FanDuel Ink Multi-Year Sports Betting Deal, Shares Rise 7% finance.yahoo.com Target: $18 to $20 or higher Weekly Chart looks like a Bull Flag Daily Chart: Volume, PMO, MACD, RSI, OBV, Stochastic and Accumulation are trending up, Bullish Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
NYSE:IGTLong
by HotCharts
Check out my old weekly chart for the alt market.This one's TA played out like true poetry. I was on my way to post a chart of an exciting double bottom pattern on the TOTAL2 (altmarket) chart and it brought back up some charting I had done on a head and shoulders (in yellow). I was saying in previous ideas over a year ago when we originally formed this big h&s patterns that based on how illogically low the breakout target is we would definitely see this pattern end up being a fakeout which would lead to at best the end of the bear market...many times a bearish head and shoulder pattern is really a bullish falling wedge in disguise and this time was no different. So I have a yellow head and shoulders pattern and a green falling wedge drawn here overlapping eachother you can see I marked the measured move target from where we broke out of the green wedge at $96. we can also see inside the smaller yellow circle, that right before we broke up from the wedge we had price send a wick below the neckline of the h&s likely trapping a bunch of naive bears..it then slingshotted itself out of the wedge and over the breakout target plummeting back into the h&s pattern a few short weeks later for one last fakeout at the neckline (as shown in the larger yellow circle) super interesting how this fakeout candle's lower wick retested the top trendline of the green wedge with absolute precision and the body of the same candle closed perfectly on the support of the neckline. After now confirming the h&s fakeout & the falling wedge breakout simultaneously we shot up to just below the horizontal resistance at 96 but above the 200 and 50 weekly mas until we finally closed a candle above that horizontal resistance after forming a bull pennant of which had a breakout target shown here at $136...upon reaching that target we surpassed our top dotted yellow resistance and will now possible look to retest it as new solidified support. We can see we are mere weeks away from a weekly golden cross which would greatly increase the probability that we maintain the dotted yellow line as solidified support. There is now a bigger pattern on a more macro scale to focus on so immediately after I post this idea I will be posting another one with only the larger pattern which is a double bottom that will also likely trigger and lead to much more upside and a confirmed bull market altseason for the alt market.
CRYPTOCAP:TOTAL2Long
by DrDovetail
2
Extreamly Undervalued - $10 Billion Stock Repurchase ProgramIntel Corporation provides computing, networking, data storage, and communication solutions worldwide. It operates through Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions Group, Client Computing Group, and All Other segments. The company offers platform products, such as CPU and chipset, system-on-chip, and multichip package products for cloud, enterprise, and communication infrastructure markets. It also provides NAND flash memory and DC persistent products for enterprise and cloud-based data centers, and users of business and consumer desktops and laptops; programmable semiconductors, such as field-programmable gate arrays, application-specific integrated circuits, and related products for communications, data center, industrial, and military markets; and various processors for notebooks, mobiles, and desktop PCs. In addition, it offers boards and systems, such as server boards and small form factor systems; and connectivity products for cellular modems, Ethernet controllers, silicon photonics, Wi-Fi, and Bluetooth. Further, the company develops computer vision and machine learning- based sensing, data analysis, localization, mapping, and driving policy technologies for advanced driver assistance systems and autonomous driving. It serves original equipment manufacturers, original design manufacturers, industrial and communication equipment manufacturers, and cloud service providers. The company was founded in 1968 and is headquartered in Santa Clara, California. Great opportunity to buy the "KING" of the industry! Intel announced a $10 Billion stock repurchase program. The stock is undervalued at current levels especially compared to overpriced AMD. Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
NASDAQ:INTCLong
by HotCharts
Bullish Charts - Online Learning in ChinaRYB Education, Inc. provides early childhood education service in the People's Republic of China. The company offers kindergarten services to 2-6-year-old children; and play-and-learn centers services for the joint participation of 0-6-year-old children and their adult family members to promote children's development, foster bonding with family, and prepare them for their entry into kindergartens and primary schools. It also develops and sells educational products and services, such as teaching aids, educational toys, at-home educational products, and school uniforms through franchisees and other business partners, as well as directly to a market of families. As of December 31, 2019, it operated 100 directly operated and 250 franchise kindergartens; and 6 play-and-learn centers. The company was formerly known as Top Margin Limited and changed its name to RYB Education, Inc. in June 2017. RYB Education, Inc. was founded in 1998 and is based in Beijing, China. Daily Chart is Bullish Broke out above the cloud yesterday. Indicators are Bullish Long DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
RLong
by HotCharts
2
ASCENDING CHANNEL - BULLISH PENNANT (buy the dip) 13.8k FIB -Good morning everyone -Yurlo Do me a favour and hit that like button if you appreciate the daily charts 👍 👍 👍 👍 👍 👍 Prior resistance will likely become the new support, now there's liquidity below 12k so a wick below is likely, however if we bounce off 12.1k I wouldn't be surprised. (0.5 fibonacci level - 11428) we ranged above this level before breaking 12.1k - which is good for the structural integrity to move forward to 0.618 fibonacci level - 13372) LATEST CME GAP (9600) - Be clear: these do not need to fill right away, the 11.8k gap didn't fill for the length of the entire bear market. (2 years) Next bullish targets: 12.8k 13.1k 13.3k 13.8k. (new range - higher high) - 12495 & higher will crate the new high and allow a new uptrend to occur) (ABC) - (DEF) - (GHI) I'll post updates throughout the day as price action goes along, remember in a bull market if you simply buy the dips, sell tips, rinse repeat you will make a lot of $$$. Happy Tuesday.
BITSTAMP:BTCUSDLong
by Yurlo
10