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Squeezing

Falling Wedge Heading Into EarningsPosting a quick update here as CRWD has been holding a macro-downtrend for some time now, and is heading into earnings looking quite bullish. CRWD is holding a massive falling wedge on its daily & weekly timeframes, (See Attached Charts Below), is sitting right on its 50-day EMA with the others starting to curl upwards, Bollinger bands are squeezing (Not Pictured), along with holding a bullish ABCD Elliot Wave on the daily timeframe and some gaps way on the upside still left to be filled. Additionally, CRWD is holding the same falling wedge on the weekly timeframe, accompanied by a massive bullish harmonic pattern as well as some bullish hidden divergence on the RSI. Will be looking for a breakout from this wedge (Broader Markets Permitting) - Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on in the meantime - Bullish and looking for a breakout from this wedge -- Price Targets & Charts Attached Below-- PT1- $129.71 PT2- $134.26 PT3- $141.71 PT4- $147.90+ --Weekly Timeframe--
NASDAQ:CRWDLong
by jacobosiason7
1
Falling Wedge- Bullish - UpdateJust posting a quick update here as GS has gotten beaten down as the broader markets pulled back but has seemingly found some support after reclaiming its 20-Day SMA. GS is lagging the XLF at the moment, however, looks to be setting up nicely for a big breakout. GS is holding within a nice falling wedge on the daily timeframe accompanied with some bullish hidden divergence on the RSI. Additionally, Bullish Gartley harmonic pattern on the 4-Hour timeframe along with Bollinger bands are squeezing, and a golden cross on the MACD to top it off (See Attached Chart Below). Bullish and will be looking for a breakout from this wedge (Broader Market Conditions Permitting). Just some support and resistance levels to watch along with some RSI-based supply and demand zones to keep an eye on in the meantime- Price Targets & Previous charts are attached below PT1- $314.20 PT2- $323.73 PT3- $329.81 PT4- $337.64 + Gap Fill --4-Hour Timeframe-- --Previously Charted--
NYSE:GSLong
by jacobosiason7
2
Falling Wedge- Bullish - UpdateJust posting a quick update on LAC here as it appears to be setting up again for another leg up. I played both previous run-ups when it was setting up very similarly to how it is now. Big falling wedge on the daily timeframe, clean bounce off the $19.04 support level, some bullish hidden divergence on the RSI, and a MACD golden cross on the 4-Hour Timeframe (Not Pictured). Additionally, LAC formed a massive bullish Gartley harmonic pattern on the weekly timeframe (See attached chart below). Bullish and will be looking for a breakout from this wedge (Broader Market Conditions Permitting)- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones in the meantime -- Price Targets & Previous Charts Attached In Description -- - Falling Wedge - Bollinger Bands Squeezing - MACD Golden Cross on the 4-Hour Timeframe - Bullish Gartley Harmonic Pattern Formed - Bullish Hidden Divergence on the RSI PT1- $24.23 PT2- $25.89 PT3- $26.94 PT4- $27.69 -- Weekly Timeframe -- -- Previously Charted --
NYSE:LACLong
by jacobosiason7
5
Ripple (XRP), squezing and trendline breakout with targets!Ripple has been under the trend line for a long time and after two false breaks the price started to show strength and presence of a buyer. Now we are waiting for the price to start squeezing under the trend line and we will see its breakout. A more positive scenario would be a retest of this trend line as support. There are 2 targets on the chart, which are on the liquidity gaps and the price can reach in the near future. Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU! P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Alex_Dehtiarov
3
Symmetrical Triangle - UpdateJust posting a quick update on MSFT here as it's currently in somewhat of a make-or-break spot sitting right on its 200-day EMA. However, MSFT has some bullish divergence on the weekly timeframe but bearish hidden divergence on the RSI on the daily timeframe. However, a big bullish cypher formed. MSFT's Bollinger bands are squeezing so will be watching this one closely going into next week depending on the broader markets- Just some support and resistance levels and some RSI-based supply and demand zones to keep an eye on, previous charts are attached below --Previously Charted--
NASDAQ:MSFTLong
by jacobosiason7
Falling Wedge- Bullish - UpdateCHPT still hovering right above oversold territory on the RSI, however, has been holding a massive falling wedge for quite some time now. By no means is this a short term play, regardless, will be looking for a breakout from this wedge- Just some FIB levels along with some RSI-based supply and demand zones to keep an eye on - Bullish long **(See Previous Charts Below)** - Nearing the oversold range on the RSI (Slight bullish divergence on shorter timeframes) - Bollinger bands squeezing - Massive Falling Wedge - Good long-term entries PT1- $21.67 PT2- $24.09 PT3- $26.65 1-Hour Timeframe Previous Charts-
NYSE:CHPTLong
by jacobosiason7
2
Bullish- Triangle breakout (Update)Big symmetrical triangle forming on CVS here heading into earnings, Held the 50-day Moving Average nicely and currently sitting right on its 50day EMA, MACD just crossed, and Bollinger bands are also squeezing as well (Not Pictured)- Bullish and will be looking for a breakout - Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones PT1- $84.93 PT2- $85.84 PT3- $8641+ Previous Charts
NYSE:CVSLong
by jacobosiason7
2
Falling Wedge- BullishShopify looking really nice here, certainly worth noting the 200 day EMA acting as strong support for SHOP as it has bounced off it three times since March, additionally Shopify does have earnings coming up on 10/28'. However, will be looking for a breakout from this falling wedge (Broader Market Conditions Permitting)- Just some support and resistance levels and some RSI based supply and demand zones to keep an eye on as well- bullish - Big falling wedge forming on the daily timeframe - EMA's starting to curl upwards - Hammer right off the 100-day EMA - Sitting on its 20-day SMA (Not Pictured) - Bollinger bands squeezing on shorter timeframes PT1- $1,435.50 PT2- $1,443.81 PT3- $1,451.70 + Breakout
NYSE:SHOPLong
by jacobosiason7
2
Falling Wedge- BullishBig falling wedge on RUN that it's been holding for quite some time now. The solar sector tends to be cyclical with respect to price action, which in turn leads to big breakouts and vice versa (See charts of ICLN & TAN). With all of the intraday choppiness and the broader markets seemingly starting to pull back a bit as big tech takes a breather, the solar sector had surprisingly good relative strength on Friday with FSLR, NOVA, and RUN managing to close green on the day. - Bollinger bands squeezing, closed Friday sitting right on its 20-day SMA (Not Pictured), and some slight bullish divergence on the RSI. Will be looking for a breakout from this falling wedge (broader market conditions permitting)- Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on PT1- $48.99 PT2- $50.27 PT3- $53.33+ Breakout ICLN TAN
NASDAQ:RUNLong
by jacobosiason7
Falling Wedge- BullishBeen watching VZ for a while now and has been holding this wedge for quite some time, with quadruple witching coming up on the 17th and September being historically a bad time for equities, a low beta stock like VZ should theoretically outperform the broader markets. (VZ Beta = 0.45). From a technical standpoint, VZ is also looking quite nice, closed yesterday sitting right on its 20-day SMA (not pictured), falling wedge on the 4hour and daily timeframes, Bollinger bands are also squeezing, with volume- should pop. Just some FIB levels & RSI-based supply and demand zones to keep an eye on- Bullish and looking for a breakout. PT1- $55.70 PT2- $56.33 PT3- $57.82+
NYSE:VZLong
by jacobosiason7
2
Falling Wedge- BullishBig falling wedge on FSLY that it has been holding for quite some time now, however, is seemingly starting to break out of this formation- Bullish and will be looking for a breakout, just some FIB levels & RSI-based supply and demand zones to keep an eye on- - Closed Friday sitting right on its 20-day SMA (Not Pictured) - Bollinger Bands Squeezing - RSI has been in the oversold range for quite some time - Buyer volume starting to pick up - Weekly Timeframe (See Below) PT1- $44.35 PT2- $45.58 PT3- $46.30+
NYSE:FSLYLong
by jacobosiason7
Symmetrical Triangle - BullishPersonally am quite bullish on the ICLN as well as many of its holdings. Closed on Friday sitting right on its 200-day EMA which it has previously bounced off of many times and is approaching the end of a massive symmetrical triangle. Bollinger bands are squeezing as well (not pictured), undoubtedly a long-term play but will be keeping a close eye on this one. Just some support and resistance levels and some RSI based supply and demand zones to keep an eye on as well- bullish
NASDAQ:ICLNLong
by jacobosiason7
Update: Falling Wedge IEA is nearing the end of the symmetrical triangle previously charted. While still holding that formation is also forming what appears to be a falling wedge (bullish). Bollinger bands are squeezing along with a MACD cross to close on Friday. Just some support and resistance levels to watch, see previous chart & description for price targets. Bullish will be looking for a breakout- -------------------- IEA has been consolidating in this triangle for quite some time now. Undoubtedly a long-term play has held its support and looks to have found a bottom, with volume should really pop - Hidden bullish divergence on the RSI - Bollinger Bands squeezing indicating a big move - Buyer volume starting to pick up again - Held support at the $11.28 level, has resistance circa $13.59 and $15.51 PT1- $13.65 PT2- $14.80 PT3- $15.75
ILong
by jacobosiason7
Ascending Triangle Forming- BullishLooks like an ascending triangle forming on ENPH (bullish) ***See Previous Charts*** - EMA's starting to curl - Bollinger bands squeezing (not pictured) - Also looks like an inverse head and shoulders forming on the daily timeframe - Bullish- will be looking for a breakout, just some support and resistance levels to keep an eye on as well as some RSI based supply and demand zones ------------- 7/6' ENPH has had a nice run in the past month running up roughly 35% to fill the gap on its yearly chart. Could definitely see some healthy consolidation here or another move upwards. Goldman Sachs raised their price target for ENPH from $187.00 up to $202.00, EMA's curling & holding support nicely- will be looking for an entry for a long play. May 24- ENPH has gotten relatively beaten down and taken a much-needed pullback. However, has held up fairly well amidst all of the intraday volatility in the markets and is now is back above its 200day SMA where it has previously found support. Needs to hold above the 200day SMA . Additionally, does look like a fishhook pattern forming, and am looking for ENPH to fill the gap circa 153-167. Bullish
NASDAQ:ENPH
by jacobosiason7
Symmetrical Triangle - Watching closelySymmetrical triangle forming on VRM- - Looks to be a falling wedge forming on shorter timeframes as well - MACD Cross - Bollinger bands squeezing - Slight bullish divergence on the RSI - Just some support and resistance levels to keep an eye on as well as some RSI based supply and demand zones - Infrastructure talks could serve as a catalyst for a nice bounce (Broader Market Condition Permitting) PT1- $38.25 PT2- $39.56 PT3- $40.32+
NASDAQ:VRMLong
by jacobosiason7