anschutz2
This has been on a steady roll for over a year - heading into a Lithium boom in 2022 and 2023.
Going back almost a year the MACD is at the same crossover point from a big run after positive earnings last year. The only thing holding this back is the current disaster the government has on market conditions. I am still bullish with hopes we see a run to near all time highs in the next couple of months if earnings is positive.
Infrastructure bill is set to pass or fail on Thursday 9/30. This is a technical analysis into earnings post infrastructure. Current nice trend line - and a pennant forming. We are almost at the end of the pennant and based on previous behavior I have charted what candle patterns could develop post infrastructure and into/out of earnings. The company is...
FVRR seems to have confirmed the move back up and looks ready to jump the gap back to 250 and reach for ATH. Anyone have any critique or comments?
CLF has been on an upward trend for several months now following a trading channel very nicely in the stand deviation ranges. The stock has recently been on the decline pushing outside of the dev channel today. Is this sign of a reversal of trend to the downside or a continuation of its recently predictable pattern to the upside? Just an idea it continues with...
The descending wedge appears to be leading to a break to the upside for this stock that has been beat down over the last few months. The 9 is soon to cross the 20 on the daily candle chart if price action continues. Or this could be a fake out and dump to the downside ha. Thoughts? Coming into earnings this might be an unnecessarily risky play or a play of genius....
Long term play - 1 year chart shows clear cup and handle pattern. Expect short term upside of 2-4 and long term looking at 12-14. This is not trading advice, I am practicing my trade strategies, patterns and research. This upside may come sooner than anticipated with recent shipping container shortages. Bullish idea.
Going back to May 2021 - a descending wedge has almost completed and this will be a decision point for the stock. This could break down trend and push back to volume profiles between 10 and 12 or push to previous trading lows of a year ago. I am bullish on this stock, however, with a lot riding on the green position of the current US Administration, if the...
Without a major catalyst - this pattern has fromed for the last couple of months. I expect it to continue until a catalyst - positive or negative is introduced into the equation. September release of new iOS devices may change that pattern and upcoming earnings.
Regression channel - price action is following nicely. This stock forms nice A-B-C-D patterns routinely. Charting these trends help me plan trade ideas, pullbacks, size in, and profit taking opportunities. Not advice just use for personal ideation.