Company: DTE Energy Company Ticker: DTE Exchange: NYSE Sector: Utilities Introduction: In today's analysis, we are examining DTE Energy Company (DTE) on the NYSE, a key player in the utilities sector. The weekly chart reveals a potential bullish reversal in the form of a Symmetrical Triangle pattern that has been forming over the past 42 weeks. Symmetrical...
Company: Caesars Entertainment Inc. Ticker: CZR Exchange: NASDAQ Sector: Consumer Cyclical Introduction: In this analysis, we're looking at Caesars Entertainment Inc. (CZR) on the NASDAQ. The weekly chart is showing signs of a potential bullish reversal following a prior downward trend. Previous Trend and Reversal Pattern: The previous trend for CZR was...
Index: NASDAQ 100 Index Exchange: NASDAQ Introduction: Greetings! In today's technical analysis, we're examining the NASDAQ 100 Index on the weekly scale. Although we're not hunting for a fresh breakout, our goal here is to estimate a possible price target based on the index's recent price action and established technical patterns. Analysis: The NASDAQ 100...
Company: Lam Research Corporation Ticker: LRCX Exchange: NASDAQ Sector: Technology Introduction: Greetings, and welcome to today's technical analysis of Lam Research Corporation (LRCX) on the NASDAQ. We're focusing on a 13-month-old inverted head and shoulders pattern, suggesting a potential bullish breakout. Inverted Head and Shoulders: The Inverted Head...
Company: Costco Wholesale Corporation Ticker: COST Exchange: NASDAQ Sector: Consumer Defensive Introduction: Greetings and thank you for taking the time to read my analysis. Today, we delve into the weekly chart of Costco Wholesale Corporation (COST) which has been forming a symmetrical triangle pattern for the past 12.88 months. This pattern is typically a...
Company: HP Inc. Ticker: HPQ Exchange: NYSE Sector: Technology Introduction: Hello and thank you for taking the time to read my post. Today, we analyze the weekly chart of HP Inc. (HPQ), focusing on an interesting price pattern, an ascending triangle as a reversal pattern. Although rare, ascending triangles can indeed act as reversal patterns, offering...
Hello and thank you for taking the time to read my post. Today, we analyze the chart of JASMY/USDT on the weekly scale, focusing on an interesting price pattern known as the "Cup and Handle Pattern." This pattern suggests that JASMY/USDT could be signaling a potential bottoming and reversal after a downtrend. Cup and Handle Pattern: The cup and handle pattern...