Reverse head and shoulders followed by a break out of the downward trend line. Looking for a test of 70 highs.
Looking for a break and a daily close of the descending trend line. I look to target the 1.272 extension of 175.5
BLK bullish break through and targeting all time highs and the 1,272 extension at 411.8
BIIB broke through its short term down ward trend line. I am looking for a 50 gap fill of its previous large gap down at around 354. As price has taken a steep increase recently, I will be looking to buy on any pullbacks to its 21 moving average.
AXP gapped up through its defending trend line. I look for a move to 69, the 1.272 extension of the previous high to low.
APC broke down through its ascending channel. I target the 1.272 extension of the previous swing low to high at 41.21. I will sell 1 standard deviation call spreads.
AAPL broke through the descending trend line. My target is the 1.272 extension of the previous song high to low of 118.5
United Utilities Group - Broken descending trend line after a reverse head and shoulder. Long, with target of previous high.
A break of the trend line would initiate a short and a target of the recent low
Broke through descending trend line after forming a reverse head and shoulders pattern.
A break out of the upward channel followed by a doji provides a good shorting opportunity. With sentiment still largely on the bullish side I will take to options for this initiating a short call spread.
A nice flush out of the Longs during a false trend line break out. Taken out its recent lows/support, any rally a good shorting opportunity to the 1.272 extensions (grey line)
A less decisive chart for TLT currently in a wedge pattern. A very simple trade plan; a break and close above the descending red dotted trend line would initiate a long with the expectation of retesting the highs.
Very clean bullish chart in an ascending channel pattern. Short term descending trend line has been broken, therefore have initiated a long position.
A very clean head and shoulders head formed on the smaller time frame. A break below the neck line (red dotted trendline) would open the door to a larger corrective move towards the ascending trend line on the daily chart (As posted on the previous silver chart
After the aggressive break out of the descending trend line, our target of the 1.618 fib level was hit. Expecting some sort of re-tracement to the red ascending trend line
Price is in an ascending channel, a break above the red shorter term descending trend line would initiate a long with the expectation of retesting the higher of around 1310.
Waiting for a break below the trend line before initiating a short with the expectation of a retest of its most recent low.