Has formed a falling wedge pattern while testing 200-Day MA for support.
If 53.5 is broken HEXP could move towards FIB Retracement level 0.5 while testing 200-Day Moving Average.
With the breakout of the Descending Triangle to the upside it is possible for the stock to test FIB retracement levels of 0.5 and 0.618
A close above Rising Wedge on ASI and Ascending Triangle on S&P SL20 will indicate a bullish continuation of both indexes.
With the existing indication of a bullish divergence on the RSI, a breakout of the stock price above the descending trendline resistance at 50 would signal a bullish reversal. Traders may consider setting their stop-loss below 47.50.
Based on the breakout of the Falling Wedge pattern, ALUM shows indications of a bullish continuation with a potential progression towards FIB retracement levels of 0.5 and 0.618 once current resistance level of 7.30 is broken.
Based on the breakout of the Symmetrical Triangle pattern, SUN shows indications of a bullish continuation with a potential progression towards FIB retracement levels of 0.5 and 0.618. If necessary, a target price of 45.5 can be considered in accordance with the pattern.
Should check the behavior of price movement cautiously since RSI is at trendline resistance and price at ascending trendline resistance. A close above resistance level of 41 will indicate a bullish continuation while a close below support level of 31 may indicate a bearish revisal. Disclaimer: Please conduct your own research before making any investment...
FCT has formed a Symmetrical Triangle with a hidden bullish divergence on RSI. Inverted Head & Shoulder pattern too could be in the formation. A close above descending trendline resistance generally indicate a bullish continuation while a close below long-term ascending trendline support generally indicating a bearish reversal. Disclaimer: Please conduct your own...
Can take a long position if Inverted H%S neckline of 3.269 is broken
A breakout to Stage 2 by DYDX/USDT. Can expect to reach FIB retracement of 0.5% (14)