After an impressive climb, ARKK’s price has paused near $56.21, forming a classic bull flag pattern. This is a textbook signal: a strong initial rally followed by sideways consolidation, often hinting at continuation in the direction of the previous trend. The trendlines reveal the ETF is compressing, building energy like a coiled spring. The moving averages are...
Cameco Corporation (CCJ) is currently displaying a classic cup and handle pattern, a bullish continuation signal. Here’s a breakdown of the pattern and what to watch for: Cup and Handle Breakdown: The Cup: A rounded base formed between April 2024 and October 2024, with the left and right peaks near $58.72 and a low around $46.76.This symmetrical cup formation...
INTC is forming a symmetrical triangle, indicating a period of consolidation as the price action narrows into the triangle's apex. This pattern suggests indecision in the market, with the potential for a significant breakout in either direction. The resolution of this triangle is likely to set the tone for the next move, however I have taken a bullish position....
The chart for META indicates a symmetrical triangle, a consolidation pattern suggesting indecision in the market. This setup is characterized by converging trendlines, with lower highs and higher lows, pointing toward an imminent breakout. The current price action is nearing the apex of the triangle, increasing the likelihood of a breakout or breakdown soon. The...
A bullish pennant has formed after a strong upward move (flagpole), indicating a period of consolidation. This is a continuation pattern, typically followed by another leg upward equal to the flagpole's height. The breakout is likely to happen this week, given that the pennant is near its apex. RSI and other momentum indicators show strength but are not yet...
The chart for AMD is displaying a large symmetrical triangle formation , with the price breaking below the lower trendline. Symmetrical triangles often signify indecision in the market, but this breakdown suggests that sellers are gaining control. The broader trend leading into the triangle and the breakdown signal a bearish continuation pattern. Oscillators...
Both Riot and BTC show setup for recovery Riot has high probability to form a right shoulder and aim atleast 15 a share...upside of 32% approximately. Daily RSI is 30 and MACD curling up...and momentum picking up. Goodluck !
There is a lot.of headline about NVDAs earnings and how that would affect the markets overall performance. I find it all noise...and by just looking at the price action, indicators and patterns...I expect wr would twst 446 this week. I expect very soon a push to the consolidation area of 440~442 and finishing the week strong 446ish ! All the best and enjoy !
Its warming up to breakout ...17 primed to print 🍌
NVOS showing powerful swtup for extremely bullish breakout. short term 30 cents is easy fill...but long term im looking for double digits up to 16 ! its essential knowing what you are holding...goodluck !
Solana shows powerfull strength...building up a nice flag...expect a push towards 45+
All indicators are signaling for a reversal...NVDA is extremely overbought and is doomed for correction whether fabboys like this or not.
After a huge run we are ready for a healty pullback. Here it shows a confirmation of the breakout out and I believe semi sector is flthe first sector to correct therefore its meaningfull to go long SoXS ! All the best!
MGM building a nice bullflag on daily and weekly and ready for a breakout probably this week...TP weekly 48.52 🚀🚀🚀
clearly undervalued....LONG 5.50, 1 year from now 10+