If you read Mark Minervini's books, you will recognize this as a Volatility Contraction Pattern (VCP) with 4 contractions. Looking really good for this upcoming week and will be on my focus list.
My advisor Marketmiracle gave an input signal for the stock ALIGN TECHNOLOGY $ALGN at a price of 588.09 usd with a target of 634.1391 with a possible profit of 7.83%
According to the chart the stock seems to actually want to continue to rise despite the laggera situation of over-bought, the rest less than a month ago has delivered excellent results with a...
I've been waiting for an entry on $ALGN. They reported earnings last week with a beat and higher guidance. It's been a tough market but I expect to have a breakout of the cup with handle formation. Looks like it has a nice shakeout going here. The proper buy point is the top of the handle. I like early entries as a starter position so I have an alert set just...
This is one that I have been waiting for the stock to break up into the pivot to get long and I just had an entry alert go off with earnings report out . I like the story, fundamentals and see it as a leader.
Here's what I see .
Funds holding 57% of float and number of funds increasing every quarter
eps , with exception of 2020 is increasing (2020 was still...
Hello fellow traders and investors, here's another trade idea.
ALGN has recently formed a descending wedge, if ALGN makes a recovery it offers a 20% ROI.
Technicals:
The Macd indicates that it's oversold
The EMA's are in a downtrend
When To Buy:
When it breaks out of the wedge.
When To Sell:
I recommend selling at its previous high offering around a 20%...
ALGN
investing.com -> B SS SS SS S SB SB SB SB
Relative Volume: 1.07
Tested Fib Extension 2.618 twice
Monthly: Uptrend
Weekly: Uptrend
Daily: Uptrend
MA: Blue > Red
SStoch: Red > Black (Near OB)
MACD: MACD > Signal
RSI: 62.18 (Downwards)
Put/Call Ratio: 0.67
TF1D Break-out at 613
TF1H Confirmation: Green Volume
The PEAD projected a bullish outlook for $ALGN after a positive under reaction following its earnings release placing the stock in Drift A
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Watch this one, if it breaks $600 I think it fills teh gap.
Earnings were pretty solid, I would expect this to resume the uptrend after it fills the gap.
Align Technology, Inc. is a global medical device company with industry-leading innovative products such as Invisalign clear aligners, iTero Intraoral scanners, and OrthoCAD digital services that help dental professionals achieve the clinical results they expect and deliver effective, cutting-edge dental options to their patients.
Approaching ATH
Stage...
$ALGN looks like its forming a head and shoulders on the daily chart into a possible gap fill or at the very least it should retrace to the yellow trendline i drew. GL
![ALGN: Buy on Break-Out - ALGN [S] 11 February 2021](https://s3.tradingview.com/l/loDeKBa8_mid.png "Buy on Break-Out - ALGN [S] 11 February 2021")
