Two simple patterns are all that's needed to be focused on right now on the weekly chart as we can see the weekly bull flag in yellow has clearly confirmed its breakout and we should see it reach it's breakout target of 14.4k! Also, by the bull flag reaching its target this should also fully validate and confirm this weekly inverse head and shoulders pattern I've...
Breakout of 395-400 With Bullish Setup And High Volume Can Take it to 445 - 460 .
$ENPH has a beautiful cup&handle pattern from where it has tried several times to breakout MACD looks very good crossing up and turning positive, RSI is at 69 but this stock has a history of melting up in overbought area Company had ER yesterday , beating the expectations and the move up was on 2.5 times more than the 20MA VolAvg Also worth noticing the 20EMA...
Looking at the weekly chart here we can see the XRPETH chart is reaching the apex of a falling wedge its been in for quite some time. Should this see a bullish breakout upward we could see XRP make 130-140% gains against ethereum based on the measured move for the wedge. This pair's chart can be harder to predict than normal usd, btc, or tether paired charts but...
we can see Xrp has finaally broken above this white ascending trendline that has been acting as super strong resistance for quite some time now and has done so with authority. The next notable resistance is a horizontal resistance line at .357 (in turquoise). My take profit target for this breakout is just below that at .342. We can see XRP's golden cross is...
$MIME has been trading inside a classic ascending triangle since early May and has broken decisively yesterday on almost double 20MA VolAvg RSI at 65 and MACD in positive area, both with plenty of room to run before overbought condition are met Stock trading above all 3 major MAs Measured move target is around 51.48 Good luck, TA
$CL is breaking out of a month long ascending triangle pattern on volume bigger than the 20MA AvgVol Notice RSI is breaking out also above 60 and MACD is about to go positive. Both with plenty of room before overbought condition. Company reports earnings Friday, 31st on July BMO, so it could be a classic ramp up before ER Measured target from the technical...
The inv h&s we were keeping an eye on a few ideas ago on ethusd has blasted through the neckline with serious bullish authority. The breakout target is $417 and if we can maintain support after reaching that target above $360 then we have the opportunity to trigger an even bigger double bottom pattern on the weekly that could eventually take ethusd's price to over...
Arbutus Biopharma Corporation, a biopharmaceutical company, engages in the discovery, development, and commercialization of a cure for patients suffering from chronic Hepatitis B virus (HBV) infection in the United States. Its HBV product pipeline consists of AB-836, a capsid inhibitor that has the potential to inhibit HBV replication by preventing the assembly of...
TA: Ethereum Classic is looking quite bullish on LTF after that parallel channel break-out and retest. I'm still holding a long on ETC/BTC pair so let's scalp it in Futures too: Current Price= 6.129 Buy Entry= 6.138 - 6.028 Take Profit= 6.357 | 6.464 | 6.615 Stop Loss= 5.799 Risk/Reward= 1:1 | 1:1.38 | 1:1.92 Expected Profit= +27.54% | +38.10% | +53.04% Possible...
I have provided Target line and support line, subject to OBV sustaining above resistance line.
$FFIN stock made a low in MAR'18 at 27.13 on very big volume that to me it signals capitulation Since then the stock has formed an ascending triangle with resistance at 33.42 Last week the ER have come in above expectations and the stock had the weekly close above the resistance MACD and RSI both nicely bottomed out and curved up in supportive mode Measured target...
Beautiful weekly chart here for $RHI Stock has formed the first descending triangle in 2018 (bottom line support is the FEB'18 low and top of the triangle is the AUG'18 high) After the DEC'18 correction stock is forming a second descending triangle ( DEC'18 support line and APR'19 high top of the triangle) Price action last week saw the breakout from the first...
$LW has bottomed around MAY-JUN'19 and since it has traded upwards forming an ascending triangle, with resistance line around 83.86 Last week has broken AND CLOSE above that level on the back of better than expected earnings All this would have been great if the MACD and RSI were not that high into overbought area Ideally look for a retrace and possible retest of...
$KTOS stock price topped last summer in JUL'19 and after modest ER has dropped until around 17.40 where it found support Since then the stock has been trading inside a beautiful descending triangle, until last week when it broke out on the back of the middle east tensions(we are talking about a security and defense stock after all) Notice the big volume on the...
$THRM stock price made an intermediary top back in SEP'18 and since then it has traded downwards inside a nice wedge After a failed move it has managed to breakout in OCT'19 Result that came out at the end of OCT'19 were not great and the stock has retested the breakout , but the price action held above and now the stock has resumed the uptrend MACD and RSI very...
$JD stock price has traded around the 35.50 level for the past 5 years (dotted black line) and this level has been resistance from 2015-16 to support between 2017-2018 and then resistance again since mid 2018 After last support break the stock price drifted lower until it bottomed around 19.20 levels after the DEC'18 selloff Since then the price has formed a nice...