PTON has been moving in upward channel. Despite recent pull back PTON appears to continue to uptrend in channel.
AMD may dip within channel to 82. If continues in channel may see above 100 by mid-march. 109 possible by May.
On the weekly we still have a little to go to the bottom of the channel. When we hit 69.84 we'll possible see an uptrend to 79 with likely resistance at 76.83.
1st Trading idea. Will add more technicals soon.
TSLA downward trend parallel channel. Might go back up, MACD looking good.
KG may be building up for another head and shoulder pattern. It may have just finished the left shoulder and is on the left side of the head.
Looked at ABBV and saw a flag pattern. Could break out to previous resistance or break down to previous support.
TLT is at a crossroads, it's already broken out, but will it surpass previous resistance or pull back?
After some gap ups and downs, seems to be following downward wedge, will probably hit resistance at around $15.40. PKE has history of hitting multiple tops.
In looking at the past months and the forming wedges, it just recently broke out in time for earnings. Past earnings prompted gap ups and gap downs. This earnings may hit up to previous support and then decline again.
Charted AMD for possible breakout of ascending channel due to divergence.