Doesn't look like the end of the bull market any time soon. Classic cup with handle continuation pattern with a little flag above neckline. My bet is UP UP UP!!!
Looking to take a breather here after a nice recovery from the "correction"
Consolidation pattern breakout on the hourly with nice volume.
I think this is posied to gap up tomorrow Wednesday the 31st of January however any sort of strong move impulse bar breaking the short term downtrend line a screaming buy signal. With the information I have at this time, this looks like a big broadening wedge type dealy to me and we are going higher and higher amen.
Hoping to see some healthy consolidation here, been a long time coming, but i am not anticipating a tippy top. At this point i'm only a buyer.
Breaking out on a Friday afternoon means something. Big money says we're going higher and higher amen.
Need a breakout bar here to initiate, might just gap up in the morning which would be jussss fine wit me! As you can see, a bunch of inside bars formed since the gap up this morning, which has formed a lil intraday triangle.
I'm seeing another continuation pattern in our midst but am waiting for "the sign". Need a big impulse bar to break out of this flag or above $154.75.
I am locking many gains this morning as price is hitting the top of this channel. Also there is an RSI negative divergence that I must respect in order to keep profits.
Looking like a great close. Price action signalling higher still.
This looks pretty good so far but really want to see and "impulse" bar make a higher high ASAP
Breaking to the upside. Solid trigger. My stop is below 176.
breakouts baby! need follow through over $30 soon
This strategy has been working amazingly well for me in 2017. See $CMSCA and $AA recent blow ups. RSI divergence indicates that the sell side momentum is waning quickly and buyers are swooping back in. Doesn't mean buyers will take control of the price but "I'm saying there's a chance" and the R/R is good.
$BABA has paid well in 2017, blew away my own technical targets. Am wondering if we are gonna finally see some weakness here. Since this is such a strong stock I will only short this stock on the condition that it gaps's down out of this triangle sitting on support. If that doesn't happen I will wait for a good time to buy the dip.
This is beautifully bullish looking diamond nipper that is perched on a cup with handle....so it will probably fail! BUT the risk reward couldn't be clearer. If price decisively breaks below 198, it's probably a bull trap. Target 217ish soon, could go much higher.
I think $NFLX might revisit cup and handle neckline after big volume days have triggered a HS top. Big test is the unfilled gap from 10/12.
Looking good, not a sexy stock but a long term value play. I started a small position with no stop. Will reevaluate prior to market close today.