Typical formation before an aggressive move up. Green line is a thick support level, channel represents accumulation, once volume moves in expect a 100%+ run.
Seeing a breakout of the wedge today, looking for a continuation of this move tomorrow. Corsair ER is on February 9th, due to covid keeping everyone home and the xmas boom that gaming companies experience we will most likely see a killer ER. Expecting a run into this ER, pts are the green lines.
We will see consolidation and a formation of a bull flag before the next leg up. We have already tested the break out line area today and may retest it one more time before continuation. If you followed my last post you can see that we broke out of the triangle and now we are looking for continuation. Please like and follow for more wkhs updates.
Inverse head and shoulders within a symmetrical triangle. Breakout should happen within the next few weeks. EV sector is heating up again and Cathie Wood of ARK invest has been buying this stock heavily.
Breakout to the upside or downside soon. Ascending triangle means a higher chance to break up especially in this bullish sector. Best to wait for confirmation. PT shown on chart if long.
Retesting the trend line today, great buy in opp for 50%+ gains. Augmented reality sector is hot.
The head and shoulders that was posted repeatedly today has been rejected. This means its back to business as usual.
Bouncing off the bullish trend line, dip buyers coming in evident with volume increasing.
Consolidation in the ascending triangle before the next leg up later today.
Large volume confirmed breakout, quick test of break outline with consolidation before pushing further. PT 20+
Cup and handle forming, high volume due to being in a hot sector, lagging behind its peers, expected to complete handle before making a measured move up to the first price target.
Broke out of symmetrical triangle and re-tested breakout level. Measure move pt of 100+
Breakout of symmetrical triangle imminent. Macd about to cross over strengthening this set up. Measured move brings a pt of 70+
Cup and handle forming here, pt 1 is a measure move to the resistance level around 5.6.