Ride the swing to the bottom trendline but watch for pullback. thepatternsite.com
If you missed the throwback from a few days and still didn't catch it by Friday, there looks to be one good day left of downward movement for this stock. Refer to my lrelated idea link for the previous analysis.
The partial rise appeared and confirmed on Friday. This stock will now drop to the bottom target price.
After the last bounce off the bottom trend line in this Broadening Top pattern, a partial rise appeared. Friday confirmed the partial rise and it's heading down from here. The target price of 47.65 isn't too far away for much of a profit from shorting it but the partial rise is a great indication of the downward trend to get there. thepatternsite.com thepatternsite.com
There should be a small rise after that earnings drop a few days ago. It already started the upward swing but I wouldn't keep it too long as it will probably continue downward after that. thepatternsite.com thepatternsite.com
While everything else about this stock looks horrible, fundamentals, technicals, and news, if it starts to swing up, buy for the short rise and then short after it reverses because everything else looks bad. thepatternsite.com
This stock looks absolutely horrible from fundamentals, technicals, and news, with no signs of recovery. There may be a small bounce from this dead cat but it looks dead after that. The focus should be that bad earnings surprise, which looks really bad because I show a target price of $0.1474. If there is any pullback from a dead-cat bounce, it will be short...
Wait until it breaks out of the pattern to determine upward or downward movement. 54% breakout upward. After breakout, watch for a busted reversal and jump on the swing for larger movement. The news also seems to be pointing to an upward breakout. For upward breakouts, target price is $30.51. For downward breakouts, target price is...
The earnings miss was huge but the massive volume primes it for a nice return upward. The news analysts seem to agree. A return to the previous trend should give it a target price of around $10. thepatternsite.com thepatternsite.com thepatternsite.com
In addition to the other 2 patterns that were previously recognized (Horn Bottoms & Good Earnings Surprise), there now appears to be a Broadening Top pattern appearing. There may be a short drop over the next few days but then we should see a return to the $33 target mark. thepatternsite.com thepatternsite.com
Yesterday crossed below the valley of the double top so the target price is 25.53 thepatternsite.com thepatternsite.com
ADTN Breakout has not occured yet but for upward breakout, target price is 17.31 and downward breakout's target price is 12.44. Currently, it looks to be best setup for an upward breakout. Swing traders can short now if they want the intraformation trade and buy when it shows the reversal. thepatternsite.com thepatternsite.com
CELG Pipe Top appeared on weekly scale. It may be a bit too late in the game to play this one because the price is already pretty close to the target price but a few more days profit may be worth considering it. thepatternsite.com thepatternsite.com
Dead-cat Bounce that finished the downward trend and started its upward movement. I give it a few more up days. Watch for signs of a reversal, as it may turn down again around the $15-$16 mark. thepatternsite.com
The busted triangle caused a higher price surge over the past few days. News supports growth. thepatternsite.com thepatternsite.com
This pattern is stronger since it is backed up by my previous post about DHI's Horn Bottoms pattern. Typically, good earnings surprises are not exceptionally reliable but the intraday volume and price fluctuation are very high, buying pressure is high, and the Horns Bottom shows it going up. A pullback may occur tomorrow or the day after but it should continue...
The breakout was downward so for the next few days, this will be heading down with a target price of 5.40. HOWEVER, I'm expecting this triangle to bust. Short now to ride it down but watch for pullback. Stoch RSI shows that the reversal may be after a few days. The bouncing off the MA also supports a possible reversal upwards. If/When pullback occurs, confirmed by...
Broadening Bottoms is on its rebound upward. Increased buying pressure shown with Stochastic RSI and trend change shown with MACD confirm. thepatternsite.com thepatternsite.com