Looking interesting and setting up for a pullback opportunity after a pivot breakout on high volume.
Earlier I traded a channel much like this one and lost. Zooming out you can see that the channel I've drawn in blue is really just a subset of a wider channel. Now that today's low point has appeared, you can see that the blue channel is in fact the lower half of a wider channel. To avoid this mistake: Look for a swing low below the current channel. If it...
Who doesn't like chocolate? Great looking chart on the hourly. Please click a like if you like what you see on our chart.
Top: right shoulder of an Inverse Head and Shoulder pattern forming for the least year. The right shoulder is taking the form of the wedge, consistently respecting the rising lower trendline (to the tick), and roughly respecting the larger parallel channel midline, which acted as important support in the left shoulder prior to the breakdown. Bottom: all of the...
Hey guys, Idk anything about this company but a buddy asked me to take a look at it. Looks pretty standard these days. It will get pulled up or down based on S&P.
Beautiful uptrend as domestic food and restaurant stocks trend up during the China trade wars. Nice R/R. Nice bases with tight price action. Stop = $9.25 Target $10.50 In at $ 9.65
For more ideas visit mercuriusam.wordpress.com Rocky Mountain Chocolate Factory Inc. finished yesterday’s session gapping up which should be a strong indication that the stock has bottomed at $10 level. For several weeks bears have had control over the price. However downtrend became slower since the MA ribbon has formed almost single line and has been finally...