fallingumbrellaman

fallingumbrellaman

Text-book ellipse breakout with expanding volume, what a beauty! Huge upside potential, $PENN is looking wonderful too. Yeah I said it....ellipse breakout!!

fallingumbrellaman

Plenty of upside left to the double bottom target. Consolidation pattern offers a good risk/reward for yas.

fallingumbrellaman

Folk love their coffee and doughnuts. This has been a buy from the beginning. Price continue to rise.

fallingumbrellaman

Just like a lot of the $HACK sector names, juniper is looking great here

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Looks really good. Watching this and other retail outfitters to see which one blows first.

fallingumbrellaman

Target is getting stomped on and looks to have decisively broken a long term trendline.

fallingumbrellaman

Another retailer another potential sweet looking base pattern.

fallingumbrellaman

Been watching this one for awhile. Took a position in late December but then took profits when it went lower. Hoping to see a higher volume logged in by the end of the day today. This whole industry is going up.

fallingumbrellaman

$GOGO done gapped up 17% and above the down trend line from mid 2015. Also put in a solid higher low from the 2016 lows. The average volume on this is lower than I like but this setup looks sweet.

fallingumbrellaman

First solar is breakout out currently. Looking for conviction here. The solar sector looks good all around. $CSIQ is also hot!

fallingumbrellaman

Need to see some conviction here. Barring any more e.coli Chipolte is looking good for a reversal breakout

fallingumbrellaman

Big volume from Friday might have marked a turning point where price has been meeting support as it is trapped in a box,

fallingumbrellaman

I copied and pasted the exact same trendlines to form the 3 upward channels that the SPY has created since 2009. I put all this effort and time into the day to day, week to week price action analysis, but it's really just this simple. WAIT FOR THE BIG DIPS WITH HUGE VOLUME AND BUY THEM OVER AND OVER AND OVER!

fallingumbrellaman

I am waiting to see if $COP price action shows that buyers are continuing to outpace sellers(longterm uptrend). For me to believe this is true the price must close above the current trendline.

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Might be setting up to breakout of 4 month consolidation pattern.

fallingumbrellaman

There clear trend is currently downwards for Ford but if bulls ever breakout of this big down channel we could see a great opportunity for higher prices. Volume looks to be increasing as price descends towards the lows from 2013. I'll continue to watch Ford for more hints.

fallingumbrellaman

Long monthly trendline decisively broken. Path of least resistance appears to be up. I am looking for a surge in volume to give authority to this possible breakout.

fallingumbrellaman

Like this play a lot now that we officially have a higher low in the books. It looks like we've broken out of the down trend from the summer with authority.