inocelda

inocelda

This pattern acts as a Bullish reversal 84% of the time, even thought it's theoretical performance is a bearish continuation. thepatternsite.com

inocelda

Yesterday was the first day where it bounced back from it's drop. While the earnings report wasn't a surprise, it seemed to go well with investors so I'd say this will have a bit more upward movement. thepatternsite.com

inocelda

If there was a "Falling Four Methods", this would be it but I'm pretty sure it still fits into the Falling Three Methods category. This pattern acts as a Bearish continuation 71% of the time. If you glance at the hourly chart, you'll see that momentum favors a bearish continuation as well. thepatternsite.com

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CTXS has had a series of Long Islands with the last one being a Island Reversal. Unfortunately, yesterday's bust downward already meets the measure rule, preventing you from any profits from the downward breakout on that Island Reversal. However, there is a 65% chance for a pullback to occur, which also could fit it into the Dead-cat Bounce category. Wait at least...

inocelda

79% of the time, this pattern is a bearish reversal. Althought it doesn't imply a lasting reversal, the short-term future is a bit more clear. thepatternsite.com

inocelda

Yesterday's earnings report is a huge difference from the past 2 quarters and the last time this company had an earnings report like that, it was trading in the $30 price range. For this pattern though, the target price is $15.45. thepatternsite.com

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I'm posting this one a bit late and wish I would have found it on the first day it jumped because this stock jumped that day on mediocre news. A few days later and similar earnings as last quarter mean this will definitely return to the previous trend line back down sub-$1. thepatternsite.com

inocelda

71% bearish continuation. You can also see a double top on the hourly chart and it crossed below the valley. thepatternsite.com

inocelda

Price dropped from the earnings report but should bounce back tomorrow or the day after. Wait for pullback to confirm before buying. thepatternsite.com

inocelda

Stock dropped on the statement from Lakewood Capital but I'm sure the market overreacted and it should actually be higher than where it is now. Extended hours will be a good indicator of where it's going so wait for the pullback before buying. The day after a drop is usually an even lower low so another day wait may be needed. thepatternsite.com

inocelda

FOSL fell on the earnings report, which wasn't as bad as the price went to so it should be bouncing back up. Yesterday showed the first day up and will probably continue. Market open will depict more. thepatternsite.com

inocelda Updated 

There isn't really much to justify the large jump that it had yesterday, as the earnings were just marginally good. Using the measure rule for the Good Earnings Surprise, it is already way past that so it looks like it should come back down to reality. However, watch the extended hours trading and first few moments of the open to get a better picture of where this...

inocelda

See my linked idea to the past APOG post. You should have shorted on the 11th but now is the time to buy as it has just busted and is heading up again.

inocelda

I would wait for this downward trend to finish before buying. The partial decline at the end of October led to it piercing the top trend line of the pattern but then the throwback occurred. If the trend changes and starts back upwards, the movement should be a strong one and you'll want to buy. thepatternsite.com

inocelda

Wait for confirmation before buying. If it it closes above the pit line then the target price will be 63.25. If it does not, then it is not a true valid Head-and-Shoulders pattern. thepatternsite.com

inocelda

Thursday closed below the pit line and if you missed it Friday then most of the profits are gone. However, there should still be a little juice left in this one, as the target price is 47.38. thepatternsite.com

inocelda

Parital rise confirmed on Friday so now this stock is heading down. Target price is 60.65 but watch for pullback. thepatternsite.com

inocelda

It seemed to break the bottom trend line oddly after having the good earnings surprise. Friday showed a reversal and now it is heading back up. thepatternsite.com thepatternsite.com