Driven by the recent stimulus package, GLD is breaking out of it's wedge and has a nice long term play on the weekly chart. Ichimoku lagging indicator (white) is bullish, and there is plenty of support from the cloud (green shaded area and red line) down to 165. Price is also right in the middle of the regression channel (blue and red shading) , based on the long...
PLTR triangle pattern has now broken out on the bull side. Ichimoku lagging indicator (white) is on the bullish side, as well as a bullish moving average crossover (blue over the red line). The initial breakout didn't have positive indicators so no trade was placed until now. Huge thick ichimoku clouds and bull trend line to provide plenty of support as it moves...
NIO breakout. Breaking through a downward trendline(blue) and bouncing through a 23.6% fib retracement (red zone) on the weekly chart. Ichimoku lagging (white) in bullish position. Moving average crossover (blue and red line) in bullish position. 20 period moving average (yellow) in bullish position. Ichimoku cloud offering support with the 23.6% fib line.
PLTR forming a triangle pattern on the 4hr chart as it consolidates and closes at 27.20. The bull trend line is parallel with the regression trend. Bear trend line is untested (only two points two form). Ichimoku lagging indicator (white) likely to cross over to the bullish side, as well as a bullish moving average crossover (blue over the red line). Huge thick...