1) TMHC at a strong weekly support - double bottom 2) sma200 on the weekly time frame also acting as a strong support 3) Oscillators oversold Entering long now will give you good R-to-R.
Reasons to buy: 1) breakout from ascending triandle 2) heavy volume 3) Finance Sector Index also breaking out of the triangle 4) bullish S&P500
Another potential breakout preceded by a volume spike. Looks good. Look for the right moment to join the trend once the breakout is confirmed
Look at the pattern and the volume level. Worth joining the move once the breakout is confirmed.
Ascending triangle, probably before breakout. Worth noticing the behaviour of the health sector, which should support the move up.
1) Cap & handle pattern 2) Healthcare sector index broke out from the 3-month base 2 days ago which is a bullish sign Watch out volume levels & price action on the upcomming days in quest for a valid breakout.
1. Upper Bollinger Band crossed on D1 time frame (with Close beyond it) 2. Increased volume. (x 1.2 times the average) 3. Close of the candle bullish 4. the HEALTHCARE sector index closed above 3-month base 2 days ago and is gaining momentum
The price retraced back to the breakout area (Cap & Handle Pattern), it's likely to bounce back.
1. Breakout over 6-Month base 2. Lack of over-average volume which signifies lack of interst. It may go down. 3. Watch out price action on lower timeframes to spot optimal entry point
The PLAN: 1) Entry just above the point of convergence of a support zone and rising trend line (around 68USD) 2) Exit before the resistance level at 74USD 3) Risk/Reward: 2.6 4) Stop loss: below the support zone / trend line
1) Rising Volume indicating increased interest in the stock 2) Currently at the resistance level at 1600 USD. Possible breakout. 3) Stop loss below support at 1560 USD
Bull flag formed above the support zone. It's worth to enter either on breakout or near the indicated support level on good RR ratio.
The breakout will probably fail due to the lack of volume, however watch out carefully price action on the upcomming days.