fallingumbrellaman

fallingumbrellaman

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.

fallingumbrellaman

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.

fallingumbrellaman

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.

fallingumbrellaman

Go ahead and keep thinking this stock will go down. Hate fuels this stock

fallingumbrellaman

:)

fallingumbrellaman

This is another bull stock on steroids. Fantastic price gains. My guess is this triangle looking whatever breaks higher and higher amen.

fallingumbrellaman

Love this stock, a solid showing of higher lows, higher highs and base breakouts. Looks to continue.

fallingumbrellaman

Like $GOOGL, this doesn't look decisive to me yet, but given this market the benefit of the doubt goes to the bulls.

fallingumbrellaman

Next week will be the tell. Looks like a break, lets see if it acts like it.

fallingumbrellaman

Dollar General price closed decisively on the daily, weekly and monthly periods.

fallingumbrellaman

looking good inverse head and shoulder holding. Lets see the Friday closing price. Good LT portfolio name.

fallingumbrellaman Updated 

Negative RSI divergence on the hourly and lower time frames after today's monster rally up. Also weak volume so far today. Long wicked candle at longterm channel/flag resistance. If we go above the high of today $26.32 I would cover around there OR if we close above the channel. It appears that $X has a history of these huge rally's into the resistance, then...

fallingumbrellaman

I'm quick to change my mind, especially when I'm losing money!

fallingumbrellaman

All the banks are looking really well setup for higher prices. Watching BAC for continued upward movement through the last wing high. Will watch for RSI to make a new high as well. Friday volume was really solid.

fallingumbrellaman Updated 

Natural gas prices continue making higher lows since early 2016. Looks to me like a second bull flag is getting ready to fire off. Let's wait and see.

fallingumbrellaman

This bad boy is set to trigger a daily HS pattern and also break out of a longterm downtrend line.

fallingumbrellaman

I'm still tracking the airlines with a big smile despite a vicious retest of "range breakouts" that occurred last month. Delta is my chart favorite. This is less of a range breakout and more of a slow grind up. Currently showing some nice divergence on the hourly near long term resistance. I only buy on strength so I will wait for a SOLID higher low/higher...

fallingumbrellaman

great multi year breakout for Citi bank. It appears the entire sector bear trapped this week of 6/5 and is now moving to higher prices. These stocks are known to chop so I ease into the position as price confirms my long bias