531 breakpoint, PTs as shown, could potentially drop down to triangle support and complete A-E triangle wave, either way play the break
Thoughts on the graph lmk what you think, still new to charts
Lmk what ya'll think about this analysis. PLTR currently taking a break from uptrend, engaged in a elliot triangle wave, currently at (C); i do think it will go to D then E before breaking out; new to chart analysis but I can (kinda) see an ascending triangle also; lmk your thoughts guys thanks
SE has finally broken out of its 6+ month upward trend support, big company, lots of diversified revenue streams, great growth overall! definitely see this staying above 200 now
Nice symmetrical triangle formed for FB here; consistently found support on the bottom upward trend line, likewise for the downward upper line (lower highs and higher lows); 26th Aug it hit its high of 304.67, 67 bps from the bottom trend line (the pink line), can see it jump around the same 67bps from where its at now Fb's position has continuously not been...
NIO currently in its second upward channel; EV been booming so hard, its bound for a pullback soon enough especially the chinese EV stocks (nio, xpev, li etc.). I could possibly see NIO breaking below this channel its in with three possible supports around 49.4, 45 and 40 (even though its still madly overvalued here, there was a lot of buying pressure at 40 so i...
Not sure what way this may go, would appreciate some help. maybe a pennant bullish pattern but this is over a few months, not weeks (so maybe a triangle pattern?); if so is there any indication as to whether itll go up or down?
Hi, am a new trader and new to chart patterns etc. anyone want to let me know what they think about this simple analysis of square? price as of last close testing resistance at 195, if it breaks through as it may appear is happening, it could find resistance at around 210 which may see a reversal and test support at 195. if it breaks below support at 195, i can...