inocelda

inocelda

Friday, it broke out of the triangle downward. Target price is $33.70. thepatternsite.com

inocelda

Friday signaled the partial rise, which is a good indicator of a downward movement from here. That seems to also be reflected in the Stoch RSI. thepatternsite.com thepatternsite.com

inocelda

Working its way up from the dead-cat bounce. Buying pressure looks prime to bring it back up to the previous trend line. thepatternsite.com thepatternsite.com

inocelda

Price swinging upward. Ride it back up to the top trend line but watch for pullback. The buying pressure looks good right now. That little dead-cat bounce a few days ago from the earnings report should also help bring it back up. thepatternsite.com thepatternsite.com

inocelda

Nice steep pennant setup. Friday may have been the first day of it breaking upward. Stoch RSI looks good for the movement. Wait to see what Monday looks like and if it continues to move up and breaks out of that pennant, then target price will be $63.55. thepatternsite.com thepatternsite.com

inocelda

Earnings report wasn't too bad so price should come back up to previous trend. Price has already started upwards and probably has a few days left. thepatternsite.com thepatternsite.com

inocelda

Friday broke out of the symmetrical triangle pattern in an upward movement. It's a small one with a target price of $53.35. thepatternsite.com thepatternsite.com

inocelda Updated 

The long downward price trend leading to the triangle indicated that it should be an upward breakout. However, the downward breakout left me waiting for the pullback. That pullback has just started occurring after a good surprise earnings report. That and the Stoch RSI indicating a shift to more buying pressure, shows that this triangle is busted and should be...

inocelda

The horn bottoms can be seen on the weekly candlesticks chart for 9/28 and 10/12. The target price of $33.05 be easier to achieve if they continue to make good surprises in their earnings reports. Fundamentals look good for this stock as well. thepatternsite.com thepatternsite.com

inocelda

This pattern is almost finished but it should still have a few more days left of upward movement to reach the target price of $46.78. thepatternsite.com thepatternsite.com

inocelda

This H&S broke out 2 weeks ago and has been sliding up along that upper trend line. It may take a while to reach the $109.05 target price. thepatternsite.com thepatternsite.com

inocelda

The downward price trend leading to the triangle was an indicator of an upward breakout. That breakout occured and now it's setting up a short flag before it continues to the target price around $19.72. thepatternsite.com thepatternsite.com

inocelda

This isn't the greatest flag, given the timing of confirmation because the target price is only 57.66 but at least it gives a good indication that tomorrow should rise a little. thepatternsite.com thepatternsite.com

inocelda

The day before was the official first day confirming an upward breakout but yesterday confirmed with another strong rise. Interestingly, the target price will be a continuation of the upper price line trend from April - July 2015. thepatternsite.com thepatternsite.com

inocelda

Buying pressure was high after the drop and considering it was much of an overreaction by the market, given the earnings report was decent, this price should start rising again. thepatternsite.com thepatternsite.com

inocelda

The bottom price curve just turned up for this dead cat and the increased buying pressure is also a solid indicator that the price is on the rise for some solid high percentage gains. thepatternsite.com thepatternsite.com

inocelda

The groundhog hinted it was getting ready with the 3 candle wicks sticking out over the past few days but it finally poked its head out yesterday, confirming an upwards breakout. The downward price trend leading to the pattern also indicates an upwards breakout. thepatternsite.com thepatternsite.com

inocelda

The stagnation of the price at the bottom there while it is continuing to be oversold is a good indicator of the bounce back up. TILE has also been having higher daily lows, progressing upwards and yesterday showed a higher high than the previous day so buying pressure should increase within the next few days. thepatternsite.com thepatternsite.com