Looks like it setting up a similar base, but in this time it happens earnings before! Possible move in both direction. If it will go up, than based on measured move possible performance will be about 50%. Not a recommendation, just an observation.
HON chart catches my eyes with huge volume spike before today's earnings report. The average volume is grater than it was in march 2020. Someone knows something?! In detailed view one can identify two repetitive Descending Broadening Right-Angled Wedge on top ( see T. Bulkowski ) or/and the base on the base. Not a recommendation, just an observation.
On daily chart it's looks like some kine of broadening formation with possible partial decline (see T.N. Bulkowski). The price has retested the line which was a resistance of previous base and now it's support. If so - can move higher to the upper line of formation which matches with old resistance level and a border of covid gap down. Not a recommendation. Just...
Nice rounded base has formed. Gap above need to be filed. If earnings will be positive and whole market, possible long play candidate. Not a recommendation. Just an observation.
At the chart are represented 3 C&H's. At the first time it was handle forming with relative volume and than downward move due to pandemic. The second time, handle was also formed with relative volume and after that it was upward move. Now, when the price is also at AH, C&H is also forming but the handle is forming with rising volume. Just an observation, not a...
AOS is at AH and has formed round base on weekly and now consolidating in symmetrical triangle, that means both possible directions which price could move. One should notice that the price forming a handle and it also can decline more. Not a recommendation, just an observation.
In case of positive market condition possible long position based on measured move. At 4H kind of inverted H&S is forming. Notification at 22$ for MA50 break out.
On daily rounded top has formed. Possible short opportunity based on gap filling. Entry point is current price or the better one if price will bounce of 20MA. Stop above $177th. Targets are the red lines. Not a recommendation. Just an observation.
Seems like it trying to brake free from the little bullish pennant which is inside other giant bullish flag. If it could, than based on measured move of little bullish pennant the price could reach previous AH ($200 area). In long term, if the market condition will be convenient, we could talk about long continuation based on measured move of giant bull flag. Not...
HHC, like some other financial players in consolidation mode. Check also BEN, PFG, PBTC for consolidation patterns. Possible upward move after brake out. Not a recommendation, just an observation.
Looks like it forming another one rounded base if it is, than possible upward move brake out and possible retest (pullback). Not a recommendation, just an observation.
The price held resistance 13 days in a row and broke out with strong volume. If closes above 50MA, possible long to the upper channel line. Not a recommendation, just an observation.
Stocks was in consolidation about 2+ years, after breaking out of 2 years resistence the price was retest it and than go up. On weekly and daily charts looks like bull flag was forming and broken out. On weekly there are two high demand bar (highlighted) and new week opening with gap up on volume increasing. The price on strong volume bouncing twice from...
In weekly chart rounded base, bull flag brake out which is at the same time the handle of C&H. One should pay attention to overbought RSI. Possible upward move after retest AH. Longterm target based on measured move is around 80$. Not a recommendation, just an observation.
Possible upward move to $67-$70 area after brake out. Not a recommendation, just an observation.
On weekly and daily H&S formed. Close below neck line will be possible entry for sell. Price can also move upward to the 20MA and reject on it back to the neck line. One should notice that on 4H chart the neck line area is close to 200MA - that is strong support area and price can reverse from that area. Keep watching. Not an recommendation, just an observation.
The price have reached upper channel line (resistance) and due to market condition can a) form a handle of a cup and than go higher or b) break the line (after break retest may happen) and than long based on measured move or the price can't break the resistance and rejection will be a downward move to the bottom line of the channel. One should notice that...
Historically after indicators reaches highlighted zones correction begin, but in case of suez canal and global demand - continuation is also possible. On weekly chart RSI is also overbought. Keep watching.