Filling orders inside the prior bull run in order to base for a move back towards ATH's. Would set up a round bottom there with target much higher.
$IBM monthly I am getting so bullish it's honestly making me sick...but look at this! Potential 10 year bull flag w/ bullish divergence at the 2009 high. Earnings next week. If strong, could start a move to 210, a 68% move.
Looks ready to make another run towards 244 and the 200 dma.
Same pattern as BA. Targets outlined by arrow and supply zones.
Still some room to target before minor earnings pullback. I'd buy now, add on decent earnings.
Basing above multiple levels of short and long-term support. Consolidating in a tight box. Target outlined.
Target annotated in the chart. May take a few weeks, but looks strong.
Long period of consolidation here and if it can get past this first red line (26.90 or so), then it's likely we'll reach 40 soon.
Strong volume at support and bullish engulfing. Looks ready to tag that upper area annotated w/ box.
Bullish price action with higher lows that have confirmed, heavy volume on Friday's hold at support. T1 and T2 annotated.
$BA has consolidated, coiled, found volume at support. This could be a monster move.
BABA will run at least another 10 points, but will it consolidate and break through from there, or reject lower? Worth watching here. Risk reward on commons not great, but calls may work.
$WORK A name I owned in the 20's but bailed on has quietly based into the 34 handle, is bull flagging with confirmed higher lows, and seems ready to bust out. Target another 15-20 from here.
Can't believe I missed this obvious pattern match, but now that I see it, would suggest another 3-5% run over the next few weeks, possibly more.
Here's a chart I've been paying attention to, tracking the similarities between Feb and May. Truth is, in Feb this broke down. In May, it held and broke out. Not sure how high we'll go, but here's how I see short-term playing out.
$SPX The breakdown has happened, and we held on the 50% fib level. Would expect to see a backtest of 2880 or so before we resume the descent.