I would see that the price has a greater chance to trade upwards in this current channel. Potential scenarios drawn with arrows.
If you believe Tuesday's move to the downside to be a fakeout, one potential play could be as shown on the chart. Target would be range highs. Personally would not consider trading this move.
It's been a long time since Europlasma closed above the Ichimoku cloud on the 4h time frame. Reverse split also coming this month. Round numbers marked.
Expecting upside movement from this area with possible targets marked.
Expecting a pullback around this level after a strong move into the area.
Price has failed to break above the descending trend line and currently struggling to hold the support area.
Expecting continuation upwards, and so does Tommy Tuberville.
Potential inverse head and shoulders pattern forming. Also coming to retest the major support area.
Seeing the Yen push overnight to this daily level I'm expecting a pullback.
After breaking the $100 psychological key level, a trend line and the middle channel line above I'd see the upside to continue. Areas marked to look out for. Target at $114.
Clear upwards channel backed by positive analyst expectations I would consider Lumentum Holdings as a buy.
Currently retesting the previous range, I'm seeing upside potential backed by positive analyst expectations.
After positive earnings we broke the trend line above and heavily rejected the $900 psychological key level. Longer term in a steadily rising channel. Areas marked to look out for. I believe in price channels as you can see. Target at $975.
B/R of a bullish flag poses a chance for a buy entry. Areas marked to look out for. Target around $60.
Last time I analysed POWI things didn't go very smooth so let's try again. If the price breaks below the trend line I'd be worried. Target at $93.
Major S/R zone and trend channel broken above with positive surprise earnings. Target at $66 backed by analyst expectations.
Seems like double bottom could be forming after rejecting a major S/R zone. Trend line as a first target. Final target at $66,7.
Breaking and consolidating above the channel I'm expecting the price to keep climbing supported by positive analyst expectations. Target at 9,8 CAD.