Following confirmation of a head and shoulders top pattern it looks like the price is moving up to test resistance one more time before I forecast the price will plummet to a target around 662, with a volatility stop placed around 855. This forecast is supported by high RSI.
Wait for confirmation of the price showing signs of dropping before entering this trade.
In the next few months the price of Dollar Tree DLTR stocks could rise by about 9% following the Bulkowski's "Big W" pattern.
Target is around 94.
Stop at 74.
Let me know what you think in the comments. Hit like to share this with more people.
Following a double bottom pattern maybe BCE has finally found a bottom, if the bull move continues we are looking at a target of 43 with a volatility stop around 39.20.
Maybe just wait for the price to keep increasing to make sure this is not in fact a double top, in which case the movement could be bearish. I am siding on bullish though because of the direction...
Over the next few months the price of BAM could rally following the confirmation of a pipe bottom pattern. I'm watching for a breakout above about 42 (top of the red candle wick).
Best of luck with your trading. Like the idea if you agree, and let me know what you think in the comments.
Unless something miraculous happens for Intu that makes the bull trend continue I think we could see the price of Intu shares drop even further.
Wait for confirmation of the double top, if we see the price climb higher it will invalidate the setup. I'm looking for confirmation around 174.5, just below the bottom of the red candle of the 7th October 2018.
Over the next weeks or months I predict the price of Middleby (MIDD) could drop lower, following the confirmation of a possible double top or triple top pattern.
Like the idea if you agree and let me know what you think in the comments.