NYSE:JOBY looking good for a longer run after poping out of a long base of more than one year.
NASDAQ:HGBL forming a long weekly base and strong volume currently with retracement and looking for higher volume to form the handle.
AMEX:XLE discretionary ETF showing bottoming and reversal after a few months of decline. Positive = bullish.
Long term investment in this technology that is evolving with battery tech, develoment of small envelope prop engines compared to $JOBY. My preference is NASDAQ:LILM as smaller components can be swapped easily and has a lower cost of production and less complex to manufacture compared to the larger JOBY's engines. Future NASDAQ:LILM aircraft models seating...
LONG Chlorox $CLX as formed inversed head and shoulder price crossed 50 on daily, looking for bounce confirmation off the 50 mark. Could take another 2d days
Is this a sign of the end of a bear market? SMA 50 is cutting above SMA 100 and SMA 100 looking flat based on Adam Khoo theory. The SMA 200 has yet to slope upwards (once this is confirmed upwards new bull market is confirmed). Some experts believed that in order to signal end of a bear market the VIX has to hit above the reading of 40 before it begins to signal...
Observed Head and Shoulder forming. To observe if it tanks but RELL is a good stock so could be retracement to one of MA levels.
Massive buying at end of handle breaking out. Quite positive about this one. DYDD.
Last gap down seems to be a shakeout for Tesla to shake off confidence in Tesla so institutions can buy at lower prices imo.
NASDAQ:HGBL cup and handle - forming retracement, monitoring if it stops at around 3.06max and with high volume to push back up. Strong revenue as narrative for CnH formation.
Long base Cup and Handle forming for CVS. Has high free cash flow yield. Forming the handle and watch if it falls or stay at 1/3 or 30% limit from highest price level. Now at limit of 84.82. Can't go lower to qualify for Cup and Handle. Note the high volume on weekly so likely to move up. Continue to monitor.
Long period from June 2019 previous high forming top of cup and then handle forming, now break out except to move higher and higher.
Finally SLB breaking out from base after more than two weeks about.
Consecutive 10 of 11 days of green days so far. According to David Ryan Ants' theory may apply but certainly not above average on some days. Watch and see and take the ride up!
SLB testing high of base, longer the base the stronger the breakout.
Observing that #SLB is forming a base and with an undercut with quick recovery. Noted that similar happened before,
Appears that #CELH is forming a cup and handle. To continue observation.
Missed TORM breakout now at least 30% up from base. Could be parabolic still. Need to watch. Probably can catch at when 8 EMA pinch or near 20EMA on daily.