On the chart we can see the falling wedge pattern. The price broke out of the wedge and it's reasonable to expect the continuation to the upside. The price still may come back down to retest the downsloping resistance and backtest it in order to confirm it as a support which would be a perfect entry. However, entering long now on the pullback is also justified as...
Head and shoulders indicates a bearish pattern. A good time to enter the short position would be once the price breaks the neckline. Stop loss and target are shown on the chart.
Watching to see what $OLN does here around the highs from back on Nov 2021. Big base. Remember I posted about the low cheat back on 04/06
After breaking out of a descending channel, price consolidated sideways and now is attempting to break and retest top of the channel.
Buy (Entry Price) within the buy zone area and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price. Entry Price: $56.49 / $55.41 Target Price: $57.60 / $56.25 Stop Loss: $54.57
bullish indication higher high higher low green candle crossed resistance level following trend line and fib levels
Desicion to Buy. Entry Price = $53.65. Target Price=$54.69. Stop Price=$52.61.
Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price. Entry Price: $53.24 Target Price: $54.20 Stop Loss: $52.28
Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price. Entry Price: $52.74 Target Price: $53.75 Stop Loss: $50.91
We can see global growing trend since March of 2020 on a different timeframes. Nearest support zone is $51.3 - $52.01. Target poins are $57.23 (upside ~4.5%) ana $62.4 (upside ~ 14.5%). Open price is current market.
OLN Inverse H&S setting up Needs to break $51 neckline to run some more
$OLN strong stock with a potential double bottom setup base around 50 MA
Basic Materials Sector is starting to wake back up. This one had good earnings and will have the push from the sector to support it's move up.
money camping out here. long shares, calls after another market shakeout.
This is not a trade set up for right now, but if OLN starts to fail, we could see it fall out of its current symmetric triangle for a false breakout downward which would complete a bullish bat harmonic pattern for another bounce up.
nothing like Riots and election to spark Ammo sales Beat for sure.. Winchester Ammo best...
5Day Narrow ADR scan as a Change of Bias Candidate. Great price action to start October. Earnings on Nov 4th, whispers about a EPS beat even on rough numbers. Looking for a lower start to the week for a starter position. 50SMA crossing the 200 and CVPOC down arounf 11.47. Holding around previous month's close & above pivot range for Nov.
Hello traders, OLIN CORP is in a fake bearish push with a high volume of late and especially early trading. We observed an inverted hammer bear candle followed by a small wick, which we have a chance of recovery. The TIMMEFRAME 1Min collapses heading towards its last lower precedent. Great likelihood of going to the next higher, (see TIMEFRAME H4) and if the...