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Triplebottom

INTC - Breaking out of BaseINTC had been basing in sideway range between 24-31 since mid September 2022. It tested the neckline region between 30-31 at least 3 times and similarly the lower range between 24-25+ also 3 times (formed an imperfect triple bottom). Yesterday it gapped above the neckline on strong volume and in the process, managed to close above the 200 day MA for the first time in a year. It is likely that the stock is now slowly emerging from it's base and any dips in the near future, especially back towards the neckline @30 +/- could be an 2nd opportunity to accumulate. Expect to see the 200 day MA flattening out and a Golden Cross materialising in the coming weeks. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Protect your trade with stop losses. Take care and Good Luck!
NASDAQ:INTCLong
by Juliac
5
Is INTEL CORP exhibiting signs of a major bottom?INTEL stock has been decimated the last few months, due to growing competition, decelerating revenue and decrease of dividend. Is it dead though? Here is what the chart is saying: Big downtrend since April 2021. On October 2022, the stock has started a consolidation/base in form of a range between 24.90 and 30.85. This range could be a bottom formation . See also the double bottom on the chart. Note that bottoming pattern takes time and this one could continue for a few more weeks/months. However a break out of the range (31) could confirm a change of trend and a long trade/investment. Keep monitoring this stock in the next few days/weeks, set an alert at the top of the range. If it breaks out of the range, it will be time to initiate a long position. Note that there was a lot of institutional buying in February 2023. On watch.
NASDAQ:INTC
by Elpidaldo
SCHAND triple bottom breakout with volumeCMP 214.60 Recent Results : Growth in Operating Profit with increase in operating margins (YoY) Near 52 Week High Stock gained more than 20% in one month Strong Momentum: Price above short, medium and long term moving averages Highest Recovery from 52 Week Low *Not recommendation. Do your due diligence S. Chand Group is an Indian publishing and education services companies, founded in 1939 and based in New Delhi. The publishing house prints books for primary, secondary and higher education sectors. It was the first company in India to get the ISO 9001:2000 certification
NSE:SCHANDLong
by JustIdea
2
GBPJPY I Potential bounce from demand zone 🚀 Welcome back! Let me know your thoughts in the comments! ** GBPJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
11
Weekly RSI DIVERGENCE + TRIPLE BOTTOMWhat more can you ask? :) * 𝗧𝗵𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘀𝗵𝗮𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗽𝗼𝘀𝘁 𝗶𝘀 𝗻𝗼𝘁 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝗱𝘃𝗶𝗰𝗲. 𝗔𝗹𝘄𝗮𝘆𝘀 𝗰𝗼𝗻𝗱𝘂𝗰𝘁 𝘆𝗼𝘂𝗿 𝗼𝘄𝗻 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵.
NASDAQ:INTCLong
by preduta
NASDAQ can move higher? 🦐NAS100USD on the daily chart has created a triple bottom. The market tested a few times the weekly support at the 10700 level and we notice how after the first 2 tests the market went up for a distribution phase. It is interesting to see the liquidity grab before the next bearish leg to the support where, also thanks to the recent news we had a new inversion at the support level. How can i approach this scenario? Being Friday it will be risky to open a position but IF the price will break above the resistance area we can set a nice long order according to the Plancton's strategy rules. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
OANDA:NAS100USD
by InkyGrip
4
USDCHF Long Position: Bullish WaveUSDCHF is ready to go bull. I am anticipating a Motive Wave on the up-side. Because of how it started, I am expecting an Ending Diagonal in Intermediate (C)(turquoise). GOLD (XAUUSD), EURUSD, USDJPY and DXY are all showing Reversal Patterns. Time to trade Wave Jedi! My Swissie Technicals: * Ending Diagonal in Intermediate (C) (red) * Flat Correction in Intermediate (B)(turquoise) * Hidden Bullish Divergence * Harmonic Pattern: Bullish Cypher in Minute b (white) * Triple Bottom Pattern * 88.6% Fibonacci Retracement * 127.2% Fibonacci Extension USDCHF LONG Signal: * Entry @ 0.9220 * SL @ 0.900 * TP1 @ 0.9560 * TP2 @ 0.9700 * TP3 @ 0.9785 * Safety Measure: when in the green, moving SL to BE. * BUY Stops on the way up, after pull-backs. Many pips ahead! Richard, the Wave Jedi.
Long
by EW4X
6
GBPUSD | Perspective for the new weekThe last year closed on a sour note for the British pound as hopes of a significant recovery during the last quarter diminished to close at the 1.21000 zone. In this video, we looked at the chart from a technical standpoint where we identified a simple structure within the 1.21000 and 1.20200 zone as price action transitioned into a reversal pattern on the 4H timeframe hereby presenting us with bullish opportunities in the new week. And as all eyes focus on the first NFP of the year coming up this week, we shall not ignore the option of a bearish move if price actions break below the 1.20200 level. Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
2
MY VIEW ON GOLD/XAUUSDMy view on OANDA:XAUUSD Gold has been in a Bear Run for a while, printing LLs and LHs, following the significant trend. Now: Gold has broken its significant trendline with a big green candle showing the heavy buyers in charge, and RN it is around the Neckline(check analysis). Plan A: Sell from the neckline if see any bearish signal Plan B: Buying after the neckline breakout or when it gets retested after the breakout. Trade your levels accordingly. Your feedback would be appreciated and you can also share your analysis on Gold. Best of Luck!
OANDA:XAUUSD
by abubakarmansoor
2
ULTA BEAUTY has had a long uptrend with good strength relative and excellent recent earnings. On the chart, price has risen persistently and consistently from a triple bottom in late September through October The stay-at-home economy is over. Beauty and so cosmetics are back. ULTA should benefit from holiday buying and gifting Looking at long time frame charts. ULTA is now at its all time high. nothing but blue sky above Looks like a decent candidate for call options to me.
NASDAQ:ULTALong
by AwesomeAvani