After breaking out of a descending channel, price consolidated sideways and now is attempting to break and retest top of the channel.
Watching how price acts after breaking this bullflag There are two area of supports I am watching. Price will either breakout and attempt a new high after taking Friday's highs, or we can go back to the second support area where it would offer a better R:R
Price is flagging and has some support on longtime up trendline. Will watch to see if we get a break of this flag or if we go back to the trendline, where it would offer a better R:R
Nice uptrend in this name, waiting to see if price breaks out of this fresh new flag, or if we retest the trendline one more time. Either way, it does look good.
A lot of support below (green rectangle) After that break, price pushed to new highs and now it is pulling back. Ideally we see a retest of previous resistance as support, or if we can see any sort of bull flag and break also validates the idea
Nice breakout last week. Waiting for Friday's highs to be taken out and continue to push higher towards top of the triangle.
Price consolidated sideways for a few days, and it wants to break higher to retest previous highs.
Price is squeezing inside descending triangle. Ideally price will squeeze a little longer and get some energy before a break. Watch for the break...
Price has been consolidating and trying to break $26 for quiet a while now, watching for a break for a possible runup towards $30
Market weakness and a nice break to the downside on this pennant.
AMZN squeezing inside an ascending triangle. Waiting for price to dip to the lower trendline and watching what P.A does there before jumping in a position.
NVDA approaching breakout level. If we don't see a rejections off the up trendline, there is a chance we go back to retest ATH.
Nice set up and breakout today. Lines on the upside are possible targets (resistances) Tomorrow can be a catalyst to have this name flying towards ATH.
There is a nice setup forming on M. Keeping an eye on the next few days to see which direction it decides to break to.
Nice breakout from ATH trendline. Might see some consolidation /pullback on smaller Time frames. Dips are buyable in my opinion.
Nice push to break the flag today. If we continue higher tomorrow, there is room to retest area of sell off (ERs)
Massive descending channel breakout today. The key will be tomorrow. If we trade higher than today, there is a change we start moving higher. CPI data tomorrow, so that can be a catalyst.
BIDU just broke out of months of consolidating inside a pennant. As long as price stays outside the pennant, we can see it pushing towards 170s level. __ 📌 DISCLAIMER The content on this analysis is provided for the sole purpose of education only. Not a financial advice or signal.