Bull Wolfe Wave (falling wedge) near SR level.
Bull Wolfe Wave (falling wedge) near SR level
Bull Wolf (Falling Wedge) near support level.
Bull wolf/falling wedge near SR level.
Falling wedge, bull wolfe wave near SR level.
This is a WEEKLY chart of Lumber Liquidators. Take a look back. Notice the stock was rising from about March of 2012 all the way to March of 2014. It has been falling ever since (see the red downtrend line). You don't have to know why it's falling by the way. You just have to realize that it has been falling for a year. If you think now is a good time to...
Falling wedge as you can see, bullish pattern. 3.20 is my target
You can clearly see a falling wedge, I would wait and check if it would test the support line 2.49 and then bounce.
Though I don't usually like to guess what type of pattern is turning out, it seems that there is a clear head and shoulder building across all exchanges. If this H&S proves legit, we might be looking at a target of 200 USD once we break the 220 support (and we will). This should happen somewhere in the next 24 to 48 hours. Of course, this mini crash will be...
In the last few months, this sock has been constantly losing value as it goes, 12 months of downtrend and doesnt seem too satured just yet, maybe the 6.81 resistence will hod, but you can expect new record low levels in the following weeks, specially after January. Its not advise to enter in this stock for short-term, nor shorting for long0term, since the real...
Looking for a long position if corn breaks out of the falling wedge to the upside. Could go to 550.
catching the falling knife this is not good and not the best of confluence. At the very high weekly timeframe this is still down so I am trying to batch in my positions for this pair. However week by week momentum is clearly still up. Macd divergence shown.
We are apparently sitting on an older trendline that seems to be still in effect. nibbling off the 23.6% fib line effectively forming an ascending triangle. if you extend this trendline it crosses my 666 target right around the 3x timefib which is based on the uprun marked by blue vertical lines 0 and 1. line 3 is after 3x the amount of time between 0 and 1. The...