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Danabus
About me Beginner in trading and technical analysis out here to learn!
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100 % stocks
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INFN 50% | 1 LEMSE 50% | 1
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butterflypattern pennant supportandresistance trendline Less Tags Show All Tags
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LEMSE New support and Bullish trend?
LEMSE
, 240Long
LEMSE: LEMSE New support and Bullish trend?

LEMSE Seems to be in a bullish trend and have broken through two resistance lines and created new support. Will it continue upwards and break through the next resistance? Are there other indicators I'm missing?

INFN Bearish butterfly confirmed followed by bearish pennant
INFN
, 1DShort
INFN: INFN Bearish butterfly confirmed followed by bearish pennant

As a beginner in Technical Analysis I just learned how to read the butterfly pattern and realized, as an INFN owner since some time, this would have been a great tool to spot the bearish breakout around July 29th with support by the RSI trigger! Following this breakout looks to be a pennant formation setting up for a continued fall. Input on this idea is very welcome!

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