ChartsAvenue

ChartsAvenue Updated 

The inversed H&S pattern in '15-'16 worked quite well. Will the current one work as well? Wait for a confirmation, i.e. break of the neckline, before betting the farm.... actually even then, don't go all in. :)

ChartsAvenue Updated 

NVDA weekly bullish flag?

ChartsAvenue Updated 

On this weekly chart... GOLD is shown to be in an uptrend (higher highs, higher lows) YTD. The last higher low was made at a well tested support/resistance zone (light orange rectangle). Personally, I would wait for a breakout of the down trend line in place since its high in 2011 before going long, i.e. wait for a confirmation. If GOLD does break out, the...

ChartsAvenue

will it hold?

ChartsAvenue

this inverted H&S on VRX projects a target price of 20.10

ChartsAvenue

On Friday, CDK went below its 200MA during the session, to close above it and creating a nice hammer sitting on the aforementioned 200MA (blue arrow). During yesterday's session CDK was able to push higher and show a bullish divergence (black lines). It seems like it could also break out of its current falling wedge (blue dotted lines) which would be bullish.

ChartsAvenue

after a heavy fall, FL looks to be bouncing off the 200EMA which has been working well in the past, except during that flip zone from resistance to support, as shown in the yellow circle.

ChartsAvenue

NZDUSD going into doulbe resistance, good R/R to test the short side.

ChartsAvenue

AKS has closed for the week on its 200MA and a tad above the uptrend line from the last 2 throughs. As shown, it looks like a good risk/reward area to go long.

ChartsAvenue

If PBR can breakout, target could reach 13.50