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Cupandhandlepattern

GME Summer (Daily Candles Analysis)This is my first attempt at making a future prediction using chart analysis. I would love opinions and feedback. I am not a professional, I have only been doing this for a year or so and I have no education in finance. I think you will see GME continue on its new uptrend through the summer with a huge breakout towards September/October. I think you may see it hit near $111 in the near future. If it fails to bounce off of the $110 range then I would expect it to drop back down to test its main level of support around $80. If it finishes the other half of the cup and handle, the I would think it would reach $250 before you see a retracement to begin the handle of the cup. GME looks strong and I am excited.
NYSE:GMELong
by Adventure_Joe
1
RDBX ANALYSIS FOR THE UPCOMING WEEKShort analysis of RDBX stock, which is currently trending on high momentum. Stock provides a lot of opportunity but also a lot of risk. Personally i am not going to participate in this kind of stocks, because they are very risky. I hope that my analysis gives you some pespective and knowledge. I am not a financial advisor or anything financial. i am a retail daytrader with some experience and i am sharing only my knowledge and my personal experience. I am not always right and i will never be always right. If you are going to participate in this stock, please do it responsibly and do not gamble. Do not give in temptations and FOMO because everybody is going in without any proper plan, risk and trade management. If you have any questions feel free to ask.
R
by UnknownUnicorn7025460
CCI AND %R INDICATE A POTENTIAL SELL+ POSSIBLE CUP AND HANDLE This is my prediction for GBP/JPY on Daily time frame. The next candle can see the CCI and %R indicators going back to the range after being overbought wich indicates a sell opportunity. If it opens, makes a wick up and breaks the low of this candle don't hesitate to take it. The target being a previous support/resistance level. On the other hand, the previous chart shows a "cup" formed and combining it with the previous sell we might see a cup and handle pattern forming. The target being a support/resistance level from July 10th 2014 and Jan 29th 2016. It might take a couple days to have a clear picture so stay updated! Feel free to comment your thoughts and ask your questions in the comments, I will be really happy to help!
by youhannaabboud
1
Potential Cup and Handle Breakout$HAL showing a weak cup and handle (low volume on the lows of the cup, and an upward wedging on the lows with regard to the handle). Would've preferred a shakeout on the handle, but instead, we are getting a rising wedge and low volume at the pivot point. Tightening volume at the handle is good, but once it reaches the breakout point, either the breakout is rejected or it will be another breakout without legs, as is the case with a number of names recently EPS growth is also not looking good, quarterly EPS has not shown significant growth when compared to the quarterly EPS of the previous years. Q4 2021 showed signs of earnings acceleration, but that quickly reversed in Q1 of 2022 (which coincides with the pullback that formed the early part of the base). Personal Opinion: Breakout is still possible, but I'm not looking to enter a position.
NYSE:HAL
by shawn_ang99