Looking for a trend entry after DD reversed from a climatic downtrend.
The indicators show a new momentum high after a climax.
We also see a zero-line entry that was carried out very well.
Price is at the top of the band so we are looking for mean reversion with a limit order.
Beautiful consolidation occurring above the weekly 365 MA
This chart has held up near the highs remarkably well despite the market pullback.
this name has had relative performance during this pullback which makes it a likely candidate to trend higher if the markets firm up.
Using the breakout neckline as a stoploss. If this Inverse Head & Shoulders plays out,...
DD inverse head and shoulder, forming a handle of a 1+ cup/handle. I want to see how DD reacts if it posts expected-or-better earnings in August. Considering past-earning, where DD hasn't missed since Q4 2020 (per TV data), I expect volume to pick up over the next week of sessions.
A big triangle has formed and is preparing itself for a breakout A smaller angled W pattern can be viewed at the tip of this triangle which I am highlighting Bars pattern shows the breakout of the triangle.
I am focused on chart patterns, and I do have personal favorites. However, I won't reveal those preferences today. My intention is to highlight just one pattern, which is the rising three methods. This is a robust continuation pattern, and I have noticed it on the weekly chart of DD. It is poised for a significant move!
The PEAD projected a Bearish outlook for $DD after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
DD Long breakout after ROG aquisition falls through
DD is at the breaking out of a falling Wedge, breaking out of 2 andrews pitchforks
ALready made the order in my Brokerage :)
Comparable areas in corresponding colors
Very similar price movement as price moves between these two levels (1,1.618)
The arrow points to a point of price that is similar to where we are right now
Why am i interested?
Change in color of bar to Blue.
There was a sell before.
No False bar on top.
CCI is green.
Oscillator 5.35 is bullish.
ATR is 2.22
Bar height is 1.97
so .75*ATR = 1.66 and 2*ATR = 4.44
Now Bar height is between 1.66 and 4.44
So a buy @ 83.1
Target 85.2 , 87.5
It is near buy price.
Only one problem.
No false bar on top
DD RSI extremely overbought here! we can clearly see in its history, every time we have a weekly candle this green it is followed by a few red weeks.
looking for a dip entry around 63/67 zones, goodluck ! please like and follow if you enjoy my ideas. have a good day
Looking to for an opportunity to short DD, preferably on a bounce in price, after DD formed a head and shoulders topping pattern and pierced the neckline, combined with a break below uptrend support which had been in place since the spring 2020 lows.
Upon any strength, will seek to open short position with an initial lot, being keen to add to the position just...
Looking to for an opportunity to short DD on any strength, after DD formed a potential head and shoulders topping pattern followed by price breaking down below uptrend support which had been in place since the spring 2020 lows; upon the breakdown and close below uptrend support, the head and shoulders pattern was completed as price broke and closed below the...
![DD: DD - Dupont [H8] - Short Pending](https://s3.tradingview.com/c/Cog873oj_mid.png "DD - Dupont [H8] - Short Pending")
![DD: DD - Dupont [D3] - Shorting on Strength](https://s3.tradingview.com/l/liFk0S2a_mid.png "DD - Dupont [D3] - Shorting on Strength")