Hello, everybody! If you like the concept, don't forget to like and follow it. In this pattern, the market would accumulate sell orders in the supply zone and turn bearish. Please show your support for me by liking and following my ideas. Also, let us know what you think in the comment section.
We are currently in a long accumulation base and trading inside a wedge.
Always wait for a correction after price broke the 100 and 200ema but also make sure theres a base to work from AND pocket pivot occur (5 candle or 10 candle pocket pivot). I always prefer to enter a trade before the breakout happen but sometimes pocket pivot won't occur until a breakout happen.
ABC is a company with good accelarated Earnings and good margins. The company is identified as tradeable via fundamental analysis/funadmental screening. Now whats left is when to get it. I wait for the price to break the 100-200 ema ribbon and make some kind of base/price structure around the area and see if there is a pocket pivot around/inside the base....
A good set up in the making. Almost after a year of consolidation price is trying to move out of the range which can open the doors of higher range. P.S - Very small stop loss P.S - Views are personal and for education purpose only.
After three bases, stock tends to give up gains - for example Stage analysis is key for stock investing. Learn how to count the base correctly, and you will save
CLH broke out 9 month base. Not to late to get in. Leding stock now. IBD 50 member.
Setup - simple base breakout after a solid 70% move off the lows followed by 5 weeks of consolidation. Earnings during consolidation were below expectation. However, after a slight selloff, shares were gobbled back up and volatility was squeezed out right below the breakout level. Half size because the broad market is running a bit hot and could be due for a...
Perrigo is in the Medical-Generic Drugs Group, they develop, manufactures, markets, and distributes private label self-care products, including cough, cold, and allergy products, analgesics, gastrointestinal products, smoking cessation products, infant formula and food products. IBD gives it a #1 rank in its industry. PRGO made its major low in May while XLV...
The Society of Technical Analysts' next course starts in October. Those wishing to learn more about technical analysis can take a look at the Route to Diploma - Society of Technical Analysts, www.technicalanalysts.com Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including...
After breaking the daily base with an ERC candle We can expect to climb to a higher base after pullback
I draw your attention to the big base at COCO. This stock is deserving of getting on your list. Here you just have to watch for when momentum shows up and then act!
ETH is currently attempting to distribute into a bottom. Looking at history as a guide, I found that it broke out massively into a pennant after basing during its 2015-2016 time period. After consolidating from 2016-2017, it broke out once again- rallying a whopping 23,000% in a year. Notice that this major breakout occurred when the price found support right at...
At the moment, this symbol seems to be in a good position for a buy position. what do you think?
Civintas Resources Inc. is in the Oil & Gas Sector, centered in the Exploration and Production Industry. It should benefit from the current uptrend of oil prices NYMEX:CL1! . I mentioned innovation because the company is set to "clean up dozens of wells orphaned by others". The state of Colorado has granted this new startegy for NYSE:CIVI to "work hand in...
Recent breakout, pulling back in an orderly fashion to the 20-day line, exhibiting relative strength to the market indexes as they continue to falter. Look for a bounce off of the 20-day line that clears Tuesday's (2/22/2022) high with a stop loss just under Tuesday's low.
Hi Traders Please see our breakdown on EURUSD. Throughout last week we see a fairly sizable rally across the board for all EURO currency pairs. We can clearly see we have reached a level that has acted as a major supply zone previously and we expect to see the same again. Price is clearly still creating our base to gather enough volume to pull price...
MLPL will meet its base at point 232-212. this is crucial base to make new base reversal or still on bearish path