VLGEA is a boring business. It operates a chain of ShopRite groceries stores across PA, NJ, and MD. The company averages a modest 6% sales growth CAGR and has paid a dividend every year since its inception in 1965. I like investing in boring businesses. Stable, consistent returns on shareholder capital can have tremendous compounding effects. VLGEA sits on a ton...
As myself and many others on here predicted ~8k would be support and a possible bottom. Now that we have confirmation it is support... the only question left is whether it is also the bottom! We have hidden Bullish divergence on OBV and RSI indicating this level as a possible bottom. This is reason enough for me to start accumulating bitcoin again to hold, but...
IOTA IOTUSD Iota is testing important support at 3.229 with a low at 3.20. this latter level must continue to hold (and will do so long as Bitcoin holds up, which will not be for much longer now, it's just completing its own counter-rally now). Any failure to hold 3.20 will force Iota lower still to 3.03 and then should this level fail to 2.73 at least if...
Breakout from 2.34, but does it have the legs to go past 2.49? Looks like a bottom is in place but will the trend reverse now or much later?
Couple observations from this channel that I am seeing. 1. the top of each rally in this channel is exactly $1K from the bottom. 2. First retrace was $700. 3. Second retrace was $700. I am keeping an eye on this pattern for entry points and targets for getting out. This is my first TA. Please feel free to roast my chart, but I would rather hear some good feedback.
PRIMORIS RECTANGLE / SEVERAL BOTTOMS PATTERN BREAKOUT: 24.53 TARGET: 27.01 (+10%) POSITIVE MANSFIELD
as you can see, I opened a trade, even if the USDOLLAR index does not look very encouraging; I have no stop loss, I have a very very small position - if tomorrow we are up, I am going to open an another position with twice my original size to short it again, as I do not believe it can climb much higher from here; we are very close to a top. if picking bottoms and...
thepatternsite.com - Verified Horn Bottom pattern last week. TP is 86.20.
The horn bottoms can be seen on the weekly candlesticks chart for 9/28 and 10/12. The target price of $33.05 be easier to achieve if they continue to make good surprises in their earnings reports. Fundamentals look good for this stock as well. thepatternsite.com thepatternsite.com