Cupwithahandle
SGX: Tianjin ZX Cup & Handle FormationI have no loyalty to any specific market. I only pledge allegiance to the market with high opportunities to make profit. Tianjin ZX looks like completed a cup & handle formation. If it can break 1.10 , based on the depth of the cup, 1.38 could be a possible price objective.
Potential Cup With Handle on WeeklyIf we can get a green weekly candle close on the HA candlesticks between the .618 and .886 then i will expect that we will run up to test resistance once more and if broken we will see quite a run up.
But if we just break down through all of our fib levels without showing and hint of bullishness on the weekly then we will likely crash down all the way to our old support level at 14 dollars, So look out for any bullish weekly candle closes on the HA sticks for a long entry and look out for a break below the $22-$21 area for a bearish move all the way down to 14 dollars.
MRNA: a very perfect cup with a handle pattern to be true?MRNA’s short-, mid- and long-term trend are presented. In both the weekly and daily charts the trend continues to be rising.
We remain bullish as long as the mid-term trend is rising regardless of the short-term moves. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
MRNA seems ready to continue its risingThe short-term trend chart of MODERNA is presented. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
Chinese Rare Earth Elements (REE) MinersBull Case on Chinese REE Miners:
Increasing domestic pressure to restrict REE exports from China.
China accounts for 60% of the world's mining of REE, China also accounts for over 80% of the world's REE refining. Refining is environmentally intensive & damaging.
The US & Australia are building out domestic supply chains, but unless they are willing to fight their own environmental regulations to refine what is mined, it still has to be sent to China.
Increasing global demand + restricted supply chains = higher prices = greater profits for Chinese REE miners / refiners (tracked in REMX).
China is bolstering its domestic semiconductor industry due to the restrictions from the US & West, which also require REE; Chinese domestic demand for REE is going to increase to support a domestic semiconductor foundry sector.
Cup & Handle pattern noted.
Daily Cup With HandleIf we break out of this broadening top pattern to the upside which it looks like we will i think we will se prices pump near 131
Our broadening pattern has a partial decline which indicates a higher chance of a breakout to the upside upon hitting the top trendline.
I will be careful of any price action below the green line now at 126.99 but anything above that seems very promising for bulls.
Activision Blizzard is break out of cup and handle patternNASDAQ:ATVI is breaking out of the monthly cup and handle pattern and is targeting 125$. This is long term trade that requires patience, stop around 68$. I would enter after the stock breaks and close above 90$.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
CUP WITH HANDLEHere we have a beautiful cup with handle with over 1 : 6 risk to reward (600+ pips).
The only thing you have to do is to follow the criteria
and enter the market at the breakout of the handle.
It's very simple with very good risk to reward ratio.
DON'T LET AGAIN THAT CHART PATTERN UNTRADED ! ! !
Model N $MODN "cup w handle"$MODN is breaking the buying point of cup w handle on weekly chart.
12 months Consensus Price Target: $33.29
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
ALTERYX $AYX "cup w handle"$AYX has cleared $151.50 handle buy point yesterday and broke the pivot resistance, RSI broke the trendline too and the volume has passed the average.
12 months Consensus Price Target: $136.10
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Salesforce $CRM "cup w handle"$CRM has just cleared $184.80 handle buy point yesterday. RSI broke the trendline too and the volume was more than average.
12 months Consensus Price Target: $198.50
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.