Get started

Continuation

lets talk about a broader turn around in technologytechnology has led the market down. semiconductors have led technology. this stock has exhibited particular rate of change and other bullish volume based oscillations. bil williams ma, vwma, ema, trama as well as displaced ma are also bullish along trend lines. this leads me to a swing vased strat for continuation following the concordant supports, resistances and resulting ghost feed. this goes for stock like NVDA, and the broader market too. i am selling as spx approached 4035-4037, and i am hedging on pullbacks in taiwan semiconductor by buying SOXS and scalping for a few pennies at a time. im long the broader market with TQQQ on breaks of resistance or support on daily higher lows.
NYSE:TSMLong
by cerealpatterns
MSFT continuation wedge (bearish)This is a Continuation Wedge Pattern, Medium-term Bearish. The inbound duration took about 64 days. the expected pattern duration *from the break of the wedge*, is roughly 22 days. with a target price anywhere around that 200 area. say 199 - 207 i dont want to keep boring you soo, i hoped you enjoyed this, and if you did could you kindly smash like! Happy Christmas and hope have a wonderful new year. thanks for reading. thats all from me, Happy Trading my friends.
NASDAQ:MSFTShort
by Jbridgez
APPL APPLE BEARISH DIAMOND CONT.It appears to me that a bearish diamond pattern is coming to an end - based on the qqq's direction and the overall sentiment on the direction of the entire market I would wager that its going to eventually (soon) break the lower purple line (140.15) which represents a heavy volume/price area. As you can see that level has been an area of strong adherance throughout the entire diamon thus far. It is possible that the pattern will make one more small push to the upside towards the $145 level however that pop should be short lived. Overall PT 1 is $135.64 PT 2 - 131.04 Both the 1/20/23 $140 PUT strike as well as the 2/17/23 $140 put strike have heavy open interest and look like a safe bet with plenty of time. However I do think the trade can be exited for profits well before those expirations.
NASDAQ:AAPLShort
by arich1282
3
📚 The Difference Between a Reversal and a Continuation!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Today I want to share an interesting pattern that I always use to speculate (to an extent) the next move of an asset after an impulse movement. First , locate an impulse movement, bullish or bearish. Second , wait for the correction movement to start. 📌In case of a bullish impulse: 1- if the correction movement is bearish , then expect a continuation bullish impulse to follow. 2- if the correction movement is bullish , then expect a reversal bearish movement to follow. And vice versa... 📌In case of a bearish impulse: 3- if the correction movement is bullish , then expect a continuation bearish impulse to follow. 4- if the correction movement is bearish , then expect a reversal bullish movement to follow. 📉 We can clearly see this pattern is playing out nicely on BTC weekly chart . I have highlighted many example with its pattern number respectively. And you can always refer to the cheat sheet on the left inside the two circles. If we apply the same logic to the current price action. Is BTC currently in a bearish correction as per our case #4? 🗒What do you think? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! And always remember: All Strategies Are Good; If Managed Properly! ~Rich
Education
by TheSignalyst
49
AAL - Short term flag play! Quick Post tonight! Covering the Technicals of AAL ~ American Airlines! Sadly this company does Report Earnings tomorrow, so that could screw with out Technical Analysis on this Chart, so I am keeping this short as Fundamentals will take presence! We are seeing a clear flag being printed on the Daily Chart here, and A clear bounce off the support band. Looking here for a simple continuation upwards toward the upper trendline from the flag. The Candle made today is neutral, so we are looking for a jump in the coming days for a short term move up. Momentum is in Bulls Favor (Daily, and Weekly) It looks like a possible easy move up to resistance that could pay well. Also, a break thru could be explosive. Pros : Predictable Chart here Everything almost in favor Con : Daily Candle Earnings tomorrow 9/20
NASDAQ:AALLong
by ZachSap