darkmode

darkmode

Keeping an eye on US Housing as a H&S might be under development. unconfirmed for now

darkmode Updated 

Wise looking like it's trying to break out on weekly

darkmode

No sign a weakness for now. See related idea from 2 years ago

darkmode

Formed a descending triangle which could go either way, but generally tends to break down That said, it's been forming what looks to be a small H&S pattern within it so you might want to get cautious here

darkmode

Not to be traded by but more like an exercise to look back on

darkmode Updated 

After a vicious sell-off in December we might be witnessing an end of near term downtrend forming. 4h and weekly charts presented above. On the 4h chart we can see a rounded bottom taking shape which is usually a strong buy signal. At the same time, the weekly chart witnessed a hammer formed with a quick confirmation the week after in the form of a big bullish...

darkmode Updated 

I like the company and it seemed to have double bottom but keep an eye on this because it has the potential to turn ugly if the pattern confirms

darkmode

Keeping an eye on this as it's starting to form a falling wedge

darkmode

As interest rates rise housing might see a slowdown. Added to watchlist, possible H&S formation.

darkmode

Unable to break out, fell back in the downward channel. If $200 breaks watch out below

darkmode

Careful here with your positions

darkmode

Falling edge might be forming

darkmode

Tested the upward channel band and rejected. Looks like a bull flag breaking out

darkmode

Interesting C&H in the brewing

darkmode Updated 

Formed a falling wedge. Typically they signal the end of the downtrend. Note to self: Wait for confirmation before buy in

darkmode Updated 

Looks like a bull flag that broke to the upside. Backtesting support and might run till at least $32

darkmode

Digital Ocean is a cloud computing company that's gaining real traction with small and medium businesses due to their managed services. Compared to AWS their simplicity and ease of use is what makes them very developer orientated. Remember, startups have limited resources and many time a dedicated site reliably engineer that can manage kubernetes and deployments...

darkmode Updated 

Descending broadening wedge invalidated. Price came back, tested the trend line and bounced back up. Earnings date coming in on the 25th of Feb. Europe was locked down for most of 2020's Q4 so I expect a lot of Christmas shopping was done on Farfetch. As long as we don't go back in the broadening wedge I think this might have room to run into earnings