Bearish flag breakout on PLTR anything more to say?
DDD has been on a downtrend since the beginning of the year and just recently it has rejected the upper trend line of the ascending wedge breakout, we may see further movement downward next week as this has been the pattern all year slow build up to a peak and then bam a bearish engulfing candle ending the week then the following week showing even more bearishness...
Bearish Flag formed on CVS look for a breakout to the downside or look for a reversal through the upside of the channel.
Technical Analysis dont lie.
MSFT Tripple top rejection going to fall back down.
$TSLA showing a lot of buying strength in the tight channel that it is in rebounding off of the bottom line of the channel.
2500$ PT why? the channel is very tight and strong and the candles are showing a rebound off of bottom of the channel which means strong buys and weak sells.
Ascending wedge is a technical analysis for a bearish signal.
Not sure if the second one has enough data to form a bearish flag yet but definitely a bearish flag on volume gonna drop to below 12
After an ascending ascending wedge is for med after a new high expect a pullback next supports are 436.43 and if it fails needs to fill gap. since split is occurring I'm assuming a pull back on this. Overall long, short term short.
Today provided a nice consolidation day closing almost even today RSI closed at 77 on the daily chart.