Hey Folks! I found this bullish divergence with a double bottom. There is simply way more liquidity to the upside, I expect a 40-50% return. Failure of this zone could potentially send it towards $14 range, which is less probable imo. Happy Trading! OnePath
Hey Folks! Also, a big Inverse Head and Shoulder. Note, I know nothing about this company or share structure, just my perspective of the chart. As long as there is no market crash, patterns like this have a pretty good shot at following through. Happy Trading! OnePath Not financial advice.
Hey Folks! The fact that the current higher low, is disproportionately higher and is more over sold than the previous circled lows, and volume is at 60% of the 10-day, tells me that selling pressure is weakening and I should game plan an entry. I am looking for bullish divergence to form within this current set of higher lows. Meaning I want price to fall a...
Hey Folks. Some new ideas. I highlighted previous divergence on the 1 hr, which lends me to believe the overall bullish divergence is playing out. As for the current structure. I highlighted a small Head and Shoulder that has potential to form an Inverse Head and Shoulder. Left shoulder at $8.88, the 1 cent head at $8.87 and a potential $8.88-$8.89 right...
Hey Folks! I noticed this bullish diamond forming since it broke above the trend. I'll update this when i have more time tonight. Just want to put it on your radar. Happy Trading! OnePath
Hey folks! I am fairly exclusive to Heikin Ashi candles for my TA, but I will also use standard to scan for gaps. I found this one at $12.71-$12.91, and was only able to spot this subtle gap on the weekly chart. Recovery of this gap will bring some symmetry to the chart, and the GOP debates are the catalyst to back up the move imo. Happy Trading! OnePath
Hey Folks! This is an update to my Head and Shoulders bullish divergence idea. You can see the double bottom Stochastic RSI and continued price increase. Granted it's not the most bullish divergence, but the H&S pattern at this moment, is more likely to play out than not imo. It's not unusual for price to stray only to come back into the fold in a H&S. 10...
Seems to be in a 50/50 holding pattern, but the bullish divergence is keeping me convicted in a move higher. Price appears more coiled than 2nd week of Feb as well. Not financial advice. Happy Trading! OnePath
Just wanted to update where the chart is this morning, I like the pre market action. Happy Trading! OnePath
I found Bullish Divergence on the 1hr to support a move higher and maybe the H&S plays out. Happy Trading! OnePath