Ascending Channel on Support.com, Will it Continue?Another one of the epicenter penny stocks to watch right now. Suppoort.com ( SPRT ) has, for the most part, upheld a solid trend over the last 10 months. Even as the markets sold off, technology and cloud computing have survived pretty well. After the latest uptick, however, my focus will be on whether or not there's enough follow-through to make new highs.
"One of the specific speculative catalysts behind SPRT stock’s recent move is what these lockdowns have done for traditional brick-and-mortar as well as generally office-centric companies. Many are now connected more now in a virtual setting than they were in an office setting. The company’s live agents and self-support tools troubleshoot more than 10,000 technical support issues consumers and small businesses face on an ongoing basis. Support.com offers technical support solutions and digital support experiences to its customers...Since the beginning of October, the penny stocks has jumped from $1.78 to highs of $2.45 on Friday. Volume has also begun increasing. Will the “new normal” become a “new benefit” to the future of Support.com?"
Original Quote: Looking For The Best Epicenter Penny Stocks To Buy? 3 Names To Know
Chart patterns
CHFJPY broke below support/resistance structure,Sell analysisPlease Support this Idea with LIKE if it is Useful....
CHFJPY
price made a strong bearish move and broke below support/resistance structure, after a pullback If price reject from the resistance structure, I expect the price to move lower.
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EURCAD, price back above support structure, more growth expectedPlease Support this Idea with LIKE if it is Useful....
EURCAD
price is back above support structure, and if price continues to hold above support structure, I expect the price to move higher..
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GBPUSD made a strong bearish move, sell the pullback....Please Support this Idea with LIKE if it is Useful....
EURGBP
price made a strong bearish move and broke below support/resistance structure, after a pullback If price reject from the resistance structure, I expect the price to move lower.
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EURGBP making breakout of the Wedge pattern,Buy analysisPlease Support this Idea with LIKE if it is Useful....
EURGBP
price is making an attempt to breakout from the wedge shaped pattern, after the breakout If price continue to hold above the structure, I expect the price to move higher
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GBPJPY, broke below support structure_&_trendline, Sell analysisPlease Support this Idea with LIKE if it is Useful....
GBPJPY
price is back below the support/resistance structure and price also broke below the ascending trendline,If we missed the first move we can enter after a pullback if price shows rejection.
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
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EURUSD, price back below the support structure,Sell the pullbackPlease Support this Idea with LIKE if it is Useful....
EURUSD
price is back below the support/resistance structure, after a pullback if price shows rejection I expect the price to go lower..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
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EURJPY, price back below the support structure, sell analysisPlease Support this Idea with LIKE if it is Useful....
EURJPY
price is back below the support/resistance structure,If price breaks below the ascending trendline then after a pullback if price shows rejection I expect the price to go lower..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
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CADJPY, price showing rejection from resistance structure...Please Support this Idea with LIKE if it is Useful....
CADJPY
price is showing rejection from the resistance,if price stays below the resistance I expect the price to continue lower
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
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$ROP 4 month #HeadandShoulders Top #ChartPatternNYSE:ROP is forming a possible 4 month head and shoulders top chart pattern with a $382 price level acting as chart pattern neckline. A clear daily close below that level will confirm the chart pattern and trigger a short trade entry. Notice how a close below the neckline will also break the 200 MA adding to the importance of that breakdown. Possible chart pattern price target has been added to the chart.
A close above $410 (right shoulder) will negate the chart pattern.
XAUUSD, Two areas to Sell with $1850 as target..Please Support this Idea with LIKE if it is Useful....
XAUUSD
price has rejected 3 times from the descending trendline, previously the trendline acted as strong resistance for three times,if price starts to rejected from the trendline then we can initiate shorts with $1,850 as the target, and if price manage to break the trendline then I will look for short from the supply zone.
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
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TESLA forming a big Head_&_Shoulder pattern, Buy the breakoutPlease Support this Idea with LIKE if it is Useful....
TESLA
price is forming a big Head_&_Shoulder pattern and price also broke trendline.if price makes a breakout of the neckline and holds above the support I expect the price to grow..
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AUDNZD, formed H&S and above support/Resistance, buy analysisPlease Support this Idea with LIKE if it is Useful....
AUDNZD
price is broke above support/resistance structure and also broke descending trendline and completed Head&Shoulder pattern, If price continue to hold above the structure, I expect the price to move higher..
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GBPCAD, supported by trendline and above support, Buy analysisPlease Support this Idea with LIKE if it is Useful....
GBPCAD
price is supported by ascending trendline & started growing from support/resistance structure, If price continue to hold above the structure, I expect the price to move higher
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EURUSD, price started growing from support, more bullishness to.Please Support this Idea with LIKE if it is Useful....
EURUSD
price started growing from support/resistance structure, If price continue to hold above the structure, I expect the price to move higher
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USDCAD, price managed to break below support, what next??Please Support this Idea with LIKE if it is Useful....
USDCAD
The price managed to break below the support/resistance structure, after a pullback if price rejects from the level I expect the price to continue lower...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 2hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
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NZDCHF, formed a bullish engulfing, Buy for 70+ pipsPlease Support this Idea with LIKE if it is Useful....
NZDCHF
The price is back above support/resistance structure, If price continue to hold the Support then there is a chance that price might continue to grow
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USDCHF, price close to support, if holds may push higherPlease Support this Idea with LIKE if it is Useful....
USDCHF
The price broke above support/resistance structure and made a corrective move, If price continue to hold the Support then there is a chance that price might continue to grow
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
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EURGBP,price back below the channel's trendline, may move lower.Please Support this Idea with LIKE if it is Useful....
EURGBP
The price came back below the channel's trendline and the move higher might be a fakeout, If price breaks below the support then after a pullback if price rejects from the level I expect the price to continue lower...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 2hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
$KRA 4 Month Continuation #HeadandShoulders #ChartPattern$KRA been consolidating around the 200 MA for the last 4 months forming a nice continuation head and shoulders chart pattern. The stock tested the $19.50 price level multiple times and closed right below it on Friday. If you buy a clear close above chart pattern boundary resistance, watch for the down slopping weekly trend line (red line on the chart) as the stock could hesitate or reverse at around $23.
Short Idea for AUDPLN. Head and Shoulders Top PatternHere we can see that the previous uptrend is in the process of reversing. Price ran up to a key level and then began to lose momentum and consolidate in a distribution, eventually forming a head and shoulders and breaking out to the downside. This presents a very good opportunity to sell again. Wait for price to pull back to the previous support level turned resistance and watch for bearish price action. If we get that formation we can sell the pattern with a stop loss placed above the previous high and target the next support zone.
AUDNZD, broke descending trendline and resistance, buy setup...Please Support this Idea with LIKE if it is Useful....
AUDNZD
price is broke above support/resistance structure and also broke descending trendline, If price continue to hold above the structure, I expect the price to move higher
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions