Majorgainz

Majorgainz

Great volume to support the head and shoulders theory.

Majorgainz

Small time frame IHS,not a big enough time frame to be reliable,but because of volume perhaps we could have a IHS reversal,at least short term.

Majorgainz

At the Apex of an enormous triangle.Lets see where she breaks.Any ideas are welcome...

Majorgainz

Possible short play to local support 13.99.

Majorgainz

Does anyone know what this pattern is called,I'd really like to know.I have spotted curved lines but usually those refer to parabolas from what I've seen. This looks similar to a diamond pattern,but I'm not sure.Any ideas?

Majorgainz

Cup and handle target achieved. 0.5 fib retracement after initial pump from cup bottom. Where to now?One of those fib extensions, possibly at the 618 ,or 786 if bullish, if bearish,maybe the 0,5 fib which also meets with the trendline resistance. It may be good to buy on a dip.

Majorgainz

Fundamentally usd should gain ground,but technically the descending wedge should have brought the price down.Meanwhile the small bullish wedge exceeded it's target and broke up out of the Descending triangle.Where from here?

Majorgainz

Will we see a retracement upward?Time will tell.

Majorgainz

Bear flag could target 2 supports down if the next support breaks down.

Majorgainz

We are at historic support.If we break and close below all or even 2 of the parallel lines,its over.

Majorgainz

Huge triangle with a support line through it.Will it break out or break down?Seems should very well do either early 2019. Economy fundamentals should likely be the factor here with this cyclical stock.Any opinions or advice here is welcome!