I expect a bullish and strong price action for COST in the upcoming weeks based on: 1. The price seems to have reached the lower end of the rising channel and expected to bounce soon. 2. CMF seems to have found a floor and expected to rise soon.
I predict a bullish price action of LULU based on the following 3 indicators: - A backtest of the triangle wedge followed by a clean bounce. - A parallel rising channel which was unbroken during last week's sell-off. - Chaikin Money Flow reversed but needs to follow through.
I am currently long AAPL . Expecting price to reach ~126 in this run where I will close some of my longs and wait for a potential dip to ~120 to buy more. I'm expecting that we test ATH resistance by year end.
I'm predicting a bullish price action of AAPL based on the following indicators: 1. 10 SMA > 20 EMA 2. Chaikin Money Flow in an uptrend and just turned +ve. Continuation of this is essential. 3. Breakout of triangle wedge, followed by backtest, and then a clean bounce.
Interesting that we are following a trajectory similar to the 2008 bounce with a delay of 5/6 days. If we see a repeat, then SPY should start its decline next week. Let's see!
This looks like a broadening top formation marking the end of a major bull market. This is a very rare pattern, so we will see how this plays out.
A classic blow off top chart pattern under formation in Nifty 50. Should see new lows by August, followed by a brief relief rally and then continue it's journey downwards.
Looks like the setup of a classic blow off top chart pattern. Might see new lows around August and then continue the downtrend after a short relief rally. Let's see what happens!