Wayfair looks like it is coming out of a W shaped double bottom and testing resistance. Close and confirmation above ~$72-73 looks interesting.
Might be upside for INTU after building an ascending triangle for most of the year. Break above $450ish.
Weak pattern here but just noting the development of an ascending triangle after a significant downtrend. Given the context this pattern could be considered a (bearish) continuation pattern. If it turns out to be bullish then there's some resistance not far above.
Looking like two weak patterns here: 1- Symmetrical triangle with 2- A sloppy ascending triangle as a sub pattern In the short term it seems this may jump up above the resistance of the ascending triangle and push to the top of the symmetrical triangle.
Nothing special here. Just another triangle and move from XOM. This move up looks weak and it will be interesting to see if it will continue.
It appears ABNB has broken through technical support, backtested the (new) resistance and has lower to go.
Looking like we are touching the bottom of a channel right now. Interesting points: - Resistance in ~$80s-$90s with top of channel and previous highs - Weak support around ~$68
WW is forming an ascending triangle on a very short term time frame. If we get above the resistance there could be room to pop up.
A move above $100 and staying above it seems.... yummy.
Pennant setup may indicate a break down will continue after the previous fall. It will be interesting to see how this plays out.
$SPX in an ascending triangle. Both weekly and daily time frames show a break above resistance. Looking for a tag back down and then if the trend continues it could be a good move up.
This chart seems interesting. There appears to be a short(er) term ascending triangle inside of a longer term ascending triangle. If one day we see a break above the short triangle's resistance, I'd expect that breakout to meet resistance right around the longer triangle's resistance. The channel between ~$115 - ~$121 looks interesting as well.
- Days ago Intuit has a new CEO and weathered a significant org change without the stock taking a hit - Resistance ~$217 - Break above resistance could push the stock into new highs
- Broke through resistance - Back testing on support If there's an upward movement after the back test it could make a nice move
Looks like over the past few months $NUGT has formed a head and shoulders pattern with a clear break below the neckline. Maybe time to look into $DUST
- Short term triangle - Price target weak - Earning report had nice surprise