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Analysis: Daily Chart- After long downtrend, price went on a sideways market between 2.67-4.77 lasting 771 days. On 1/28/21, price made a strong move north breaking past Resistance Area of 4.77. There is currently a Golden Cross further exhibiting the buyer strength. Price has remained above resistance and has formed a Bullish Pennant pattern with higher lows...

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Daily Chart: Here I will look at the overall picture of this stock and identify what stage the market is in. This will determine whether I will be Long, Short, or staying out of the trade. The Picture is clear as day, we are currently in an Uptrend. After a lengthy Downtrend, the stock went into an Accumulation and broke out upwards on 12/21/2020. Price has since...

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Daily Chart Analysis: After a lengthy continuation of a downtrend lasting around 525 days, ENLC entered an Accumulation Phase between 0.87-4.44 that lasted around 338 days. The bulls really flashed their strength during this sideways phase. To start, once finding its low point at 0.87, price goes into a descending triangle. Despite the bearish pattern (especially...

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Analysis: Daily chart – After an extensive downtrend, price goes into a descending wedge where it bottoms out at 0.97. This descending triangle lasted 1811 days before breaking out in Jan. 2021. Due to the length of time the price was in wedge, this break to the top is very significant. There is also a divergence between the Wedge's trendline and the MACD...

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Daily Chart: Currently, price is broken out of an Accumulation phase which lasted around 528 days. During that side ways phase, price exhibited a lot of buyer strength. After establishing Support area @ 2.54 and Resistance area @ 5.43, price made a series of higher lows into resistance and an upwards trendline. There was a Golden cross on 1/21/21 followed by a...

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Daily Chart Analysis: This stock is coming off a lengthy distribution phase between 5.99 – 20.00 which lasted around 3580 days. The price then made it downwards move and found a support @ around 1.18. Over the past 530 days, the price was in an accumulation phase between 1.18 – 4.15 and after the occurrence of a Golden Cross, a sharp breakout move upwards of 121%...

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Analysis: Daily chart – After extensive downtrend, price starts to move sideways and creates a reverse head and shoulders pattern with a neckline at 7.61. The price has since broken the neckline of the Reverse H&S and has form a build up as the resistance/neckline area between 7.61-8.59. The beak of the neckline and buildup are very good indications the buyers...

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Analysis: Daily chart- After long downtrend, price enters a sideways market between 1.57-2.91 for about 300days. Starting Nov. '20, price made a series of higher lows into resistance and finding Support from 200ma, exhibiting the buyers willingness to buy at higher prices. This lead to a price breakout on 1/6/21 and a Golden cross. Price follows that move by...

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This idea is a continuation of my previous. Please see previous idea for complete analysis. Currently, price is on a strong downtrend on 15min chart. Price is respecting 10ma. Taking short position here Entry: 41.55 Stop Loss: 44.55(-7.36) Target: 24.00

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Analysis: 1HR Chart- Market Structure: The market is in what seems to be the start of a Distribution/Uptrend. After a downtrend lasting 522 days, Price went into an 82-day Accumulation Phase between 0.01-0.039. Price breaks out on 1/23/21 and enters an extended range between 0.039-0.05. With support from 200MA, price breaks out for a second time on 2/9/21 to a...

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Analysis: *note. I entered this trade on 2/4 @ 6.58. Analysis done for that date. Daily chart- After long downtrend, price in sideways market between 1.55-5.89 for 316 days. Price has made a series of higher lows into resistance creating a trendline support level. This shows bull strength from the buyers willingness to buy at higher prices. Since 12/15, price...

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Analysis: Daily Chart- After long downtrend, Price goes into sideways market of about 483 days. On 12/16/20, price finally breaks out of range on a very powerful 90% move up. There is a Golden cross of the 50 + 200 MA & Price continues to move upwards until finding Resistance in area 1.81-1.93. From here the price falls until it finds Support in area 1.11-1.21...

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Analysis: Daily chart, initially price was in sideways range for 225 days between 1.17 - 2.34 areas. Price has since broke out of that range and has been bouncing between 2.34 - 3.07 areas. 2.34 price was resistance turned support area. Price has also been above & steadily supported by 200 MA, signaling the possibility of the start of an uptrend. We also have a...

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After price pulled back and turned support area of 81-90 into resistance, Lower highs into support area of 53-59 showing sign of bull weakness and strength of the bears. Price is also bouncing off 50ma further signaling a healthy down trend. Entry signal will be the break of 57.25. Entry: 57.25 Stop: 69.12 Target: 44

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Analysis- Daily chart- After long downtrend, price has been in sideways market between 1.24-3.38 for 638 days. After making a move to resistance on July2020, price fell and found support from 200 MA then working itself back to resistance and finally breaking out. After breakout of 40%, price pulled back but was supported by 10MA were it went on to make another...

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Analysis: After continuation of downtrend and breaking down support area of $81, price found support at $52. Parabolic move into support turned resistance. Grave stone doji in resistance is our entry. Entry: 77 target: 57 stop loss: 98

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Analysis: Lower highs into support show signs of weakness here because it tells you sellers are willing to sell at lower prices despite the price being near support. We are also in existing downtrend and death cross on the 15min time frame. Looking to short with stop loss @ 120 with initial target price of $50.