ALGN CHANNELNotes on chart but ready for main portion on the channel break with MAC D and Volume. Longby I_Just_Chart_a_Lot2
$ALGN Align Tech Breaking Out of Downtrend$ALGN Align Technology appears to be breaking out of its recent downtrend. Expecting continued follow through in the coming 2-6 weeks. It's worth noting that this stock is a top holding of some major hedge funds. Maybe crooked teeth are considered recession proof and a safe investment? Near term target - $385 Medium term target - $400 Note: Informational analysis, not investment advice.Longby Triple_Barrel_Capital3
H/S Potential Short on a Great Company$ALGN is a cash cow and eliminates its competition before they can take any market share away. I will be looking to enter but this Head and Shoulders is prominent and may cause a pullback on the great multi-year run.Shortby TesaroHoldingsUpdated 2
Buy Alert for ALGNMy WT Cross Strategy has alerted me to a buy signal for Align Technologies (ALGN), at a price of $364.51 using a 180-min time frame. My idea is to buy the dip, at price below $364.51. I will update when I get the signal to close the trade. I am using the following parameters for this trade: Channel Length - 1000 Average Length - 1 Average Length - 9 *** I have a Pro+ subscription for Tradingview, so this gives me access to more data than someone with a free or even a lower tier sub. More data should enable me to construct a more robust model, so your mileage may vary if you are trying to use this strategy for a free account. Please use caution, and be advised. Good Luck All!Longby UnknownUnicorn11413512
ALGN: Align TechnologiesALGN: Earnings on 7/25/2018 AMC. EST 1.09 Looking for an additional purchase with ALGN. First purchased 10 shares at 284, sold 7 at 365.65. After the initial breakout from the wedge, the stock traded in a tight upward channel to its ATH. ALGN then had some healthy consolidation around the 335 mark and has gained some strong momentum before this upcoming earnings. MACD: Daily crossing on 7/13/2018, weekly still signaling bullish, continued upward movement after earning will be vital for the chart technicals Trendlines: Stock initially broke through ath 7/18/2018 and since then has retested resistance at ~369.70 looking like it's formed a soft support. Also following a weak support trendline highlighted in grey. Looking for another 10%, Waiting for a better entry depending on today/tomorrow. Longby odeaolayUpdated 5
Pending short on ALGNTracking this 180m chart of ALGN for a potential short opportunity once the stock rolls over. It has been climbing a wall since breaking out of a wave 4 triangle in late April, but momentum is slowing and starting to show divergence. Waiting for price to break trendline support to establish a short position against the high. Expect the subsequent move lower to exceed 10%.by UnknownUnicorn182749113
ALGN shows bullish trading activityALGN stock continues to gain alongside accumulation - this is bullish for the stockLongby LucasDowney1
Crash is imminent: ALGNALGN has been going up very quickly and very drastically over the past several months. Those who bought this stock a while ago have made a lot, but a crash is on its way. Over the past few weeks, both a head and shoulders pattern and a clear RSI divergence are visible in the stock, yet it continues to surge upwards. Why? Because the RSI is approaching overbought conditions again with each passing day. By the end of the year, a huge crash is imminent. These kinds of patterns and divergences do not just "happen". Share your ideas below.by joshmalin1111
ALGN - Put Spread (Example of Weekly Option)A put spread, or vertical spread, can be used in a volitile market to leverage anticipated stock movement, while also providing limited risk. Purchasing a put with a higher strike price than the written put provides a bearish strategy. This is done on only ONE option contract, how many contacts? or Risk/Reward. Underlying stock symbol: ALGN Current price: $318.54 Short Put: Write (Sell) 1st June $320.00 Call Price per option: $4.10 Contracts: 1 x 100 Total cost: $410 Long Put: Buy 1st June $322.50 Call Price per option: $3.18 Contracts: 1 x 100 Total cost: 318 Spread: Net debit/credit: $0.92 (net credit) Entry cost: $92 (next credit)- back into your account Maximum risk: $158 at a price of $322.50 at expiry Maximum return: $92 at a price of $320 at expiry Breakevens at expirty: $320.90Shortby Anbat4
$ALGN constructive for the lower trend line to hold$ALGN constructive for the lower trend line to holdby bullishchart1
ALGN BuCSALGN above EMA20 in daily chart. Tighter SL below yesterday close. Monitor swing trade by tomorrow, need to sell if not moving or down.Longby lonetrader166Updated 2
ALGN- H&S formation short from $259.33 to $173, $250 July Put ALGN seems forming a larger frame H&S formation and now falling down from its right shoulder. on the shorter frame it also seems breaking down an upward channel formation. It has great insider selling as high as 60% (11 million dollars). We think it has huge downside potential. To paly this we could consider $250 July Puts * Trade Criteria * Date First Found- March 23, 2018 Pattern/Why- H&S formation short, Upward channel breakdown Entry Criteria- $259.33 Exit Criteria- 1st Target $226.13 & 2nd Target $173.33 Stop Loss Criteria- $282.13 Indicator Notes- Twiggs money flow divergence Special Note- Great insider selling as high as 60% (11 million dollars). Could consider $250 July Puts. Please check back for Trade updates. (Note: Trade update is little delayed here.) Shortby AcornWealthCorp2
ALGN - H&S formation short from current price to 222.13 & 171.23ALGN still looks good as H&S Pattern. It seems declining forming its right shoulder. Money flow is declining. We think it has good downside potential. To trade this we would consider $230 July puts @ $13.50 * Trade Criteria * Date First Found- March 1, 2018 Pattern/Why- Possible H&S formation Entry Target Criteria- From current price Exit Target Criteria- 1st Target $222.13 and 2nd target $171.23 Stop Loss Criteria- $270.30 Indicator Notes- Twiggs money flow coming down sharp. Special Note- We would consider $230 July puts @ $13.50 Please check back for Trade updates. (Note: Trade update is little delayed here.)Shortby AcornWealthCorp0
ALGN - H&S formation short from current level to $171.23ALGN seems forming a H&S formation along with decent insider selling. We think it has good downside potential from current lebel. To trade this we Could consider the $230 July puts which are currently $13.50. * Trade Criteria * Date First Found- February 21, 2018 Pattern/Why- Possible H&S formation Entry Target Criteria- Current price Exit Target Criteria- 1st Target $222.13 and 2nd target $171.23 Stop Loss Criteria- $264.30 Indicator Notes- Twiggs money flow heading down Special Note- Could consider the $230 July puts which are currently $13.50 Please check back for Trade updates. (Note: Trade update is little delayed here.)Shortby AcornWealthCorp2
ALGN consolidationALGN used to be a very bullish momentum stock. Now ALGN need to consolidate and regain momentum. PMO shows negative momentum, but stochastics is bottoming out. Keep watching if it keeps the Gap Up resistance.Longby KaibaraYuzanUpdated 0