(7/1000) Ascending Triangle for MEG. Not Confirmed yet. Pros: 1- Bullish Ascending triangle 2- Descending volume during formation 3- PPS above 50MA and 200MA 4- RS above 0 but just a tiny bit 5- R/R ratio above 5 6- 250RSI above 50 but a bit flat 7- 50MA above 200MA 8- 50 MA and 200MA ascending. 9- Golden cross circled in blue Cons: 1- ATR is descending, less...
(6/1000) Bullish Pennant pattern for ATH on the Canadian market. Not confirmed yet. Pros: 1- PPS above 50MA and 200MA 2- RS above 0, but just a little 3- R/R ratio above 5 4- 250RSI above 50 but flat 5- 50MA above 200MA 6- Both 50MA and 200MA ascending 7- Golden cross circled in blue 8- Descending volume during flag forming 9- Volume during post forming 10- ATR...
(5/1000) RML was published in early June when the pennant wasn't even confirmed. See below for the original posted idea. Well it filled 100% of the targeted price just today. Watch out now for a possible fall in price action. Stay Humble, Have fun, Make Money! MAAX!
(4/1000) Ascending Triangle for CCJ. Not Confirmed yet. Pros: 1- Bullish Ascending triangle 2- Descending volume during formation 3- PPS above 50MA and 200MA 4- RS above 0 but barely 5- R/R ratio above 5 6- 250RSI above 50 and ascending 7- 50MA above 200MA 8- 50 MA and 200MA ascending. 9- Golden star circled in blue Cons: 1- ATR is descending/flat, less...
(3/1000) Bullish Cup'n Handle for STM on the Weekly chart. Not confirmed. Pros: 1- PPS above 50MA and 200MA 2- RS above 0 3- R/R ratio above 5 4- 250RSI above 50 and climbing 5- 50MA above 200MA 6- Both 50MA and 200MA ascending 7- Descending volume during formation Cons: 1- Figure is not confirmed 2- No break out yet 3- ATR flat If confirmed, target price is...
(2/1000) Ascending Triangle for ANET. Not Confirmed yet. Pros: 1- Bullish Ascending triangle 2- Descending volume during formation of the triangle (last half) 3- PPS above 50MA and 200MA 4- RS above 0 and ascending 5- R/R ratio above 5 6- 250RSI above 50 and ascending 7- 50MA above 200MA 8- 50 MA flat but 200MA ascending. Cons: 1- ATR is descending/flat, less...
(1/1000) SPY approaching the first PT of 545$. Going in the right direction. PTs are: PT#1 = 545$ (amlost) PT#2 = 470$ PT#3 = 479$ PT#4 = All time high 547$ As always, stay humble, have fun, make money. MAAX.
Hi all, Another update on SPY. 1- New larger ascending triangle, confirmed,... 2- Golden Cross (Circled in blue). 3- Uptrend on 50MA and 200MA 4- 250RSI still above 50 and climbing 5- Recessions signs: None PTs are: PT#1 = 545$ PT#2 = 470$ PT#3 = 479$ PT#4 = All time high 547$ As always, stay humble, have fun, make money. MAAX.
SPN (S&P Energy Index) built into an ascending triangle in March 2020 as shown on this weekly chart. If filled the projected target price 100% (or pretty close to it) in November 2022. Following this peak, we've seen lower highs but also higher lows. A sign of indecision. This indecision could turn into another ascending triangle. The fact that we have a golden...
SMCI showing a bullish flag on the Weekly chart. Not confirmed. Pros: 1- PPS above 50MA and 200MA 2- RS above 0 and climbing 3- R/R ratio above 5 4- 250RSI above 50 and climbing 5- 50MA above 200MA 6- Both 50MA and 200MA ascending 7- Golden cross circled in April 2020 8- Post formed with volume 9- Descending volume during Flag forming 10- Ascending ATR, more...
Bullish pennant for PSTG on the Weekly chart. Not confirmed. Pros: 1- PPS above 50MA and 200MA 2- RS above 0 but barely 3- R/R ratio above 5 4- 250RSI above 50 and climbing 5- 50MA above 200MA 6- Both 50MA and 200MA ascending 7- Golden cross circled in Marth 2021 8- Post formed with volume 9- Descending volume during pennant forming Cons: 1- Figure is not...
Ascending Triangle for KNSL. Confirmed Pros: 1- Bullish Ascending triangle broke through resistance with volume 2- Descending volume during formation of the triangle 3- PPS above 50MA and 200MA 4- RS above 0 and ascending 5- R/R ratio above 5 6- 250RSI above 50 and ascending 7- 50MA above 200MA 8- 50 MA and 200MA ascending 9- Golden cross in blue Cons: 1- ATR...
Ascending Triangle for BBAR. Confirmed Pros: 1- Bullish Ascending triangle broke through resistance with volume 2- Descending volume during formation of the triangle 3- PPS above 50MA and 200MA 4- RS above 0 and ascending 5- R/R ratio above 5 6- 250RSI above 50 and ascending 7- 50MA above 200MA 8- 50 MA and 200MA ascending 9- Golden cross in blue Cons: 1- ATR...
Bullish pennant for OPHR on TSX. Not confirmed yet. Gold company, mining industry. Pros: 1- PPS above 50MA and 200MA 2- RS above 0 but barely 3- R/R ratio above 5 4- 250RSI above 50 5- 50MA above 200MA 6- Both 50MA and 200MA ascending 7- Golden cross circled in blue 8- Post formed with volume 9- Descending volume during pennant forming Cons: 1- Figure is not...
Bullish pennant for RML on TSX. Not confirmed yet. Mining industry has been on an uptrend for some time now. Pros: 1- PPS above 50MA and 200MA 2- RS above 0 and climbing 3- R/R ratio above 5 4- 5- 50MA above 200MA 6- Both 50MA and 200MA ascending 7- Golden cross circled in may 2023 8- ATR climbing, more volatility 9- Post formed with volume 10- Descending...
Ascending Triangle on the Weekly chart for CCO on Canadian market. Confirmed Pros: 1- Bullish Ascending triangle broke through resistance 2- Descending volume during formation of the triangle 3- PPS above 50MA and 200MA 4- RS above 0 and ascending 5- R/R ratio above 5 6- 250RSI above 50 and ascending 7- 50MA above 200MA 8- 50 MA and 200MA ascending 9- Golden...
Bullish pennant for NILI on TSX. Not confirmed yet but metal for batteries is a hot topic right now. Pros: 1- PPS above 50MA and 200MA 2- RS above 0 and climbing 3- R/R ratio above 5 4- 250RSI above 50 and climbing 5- 50MA above 200MA 6- Both 50MA and 200MA ascending 7- Golden cross circled in blue 8- ATR climbing 9- Post formed with volume 10- Descending volume...
Hi all, Update on SPY. 1- An ascending triangle, not confirmed,..., yet. But the price action just made its first steps into the green zone. Broke the 418-419 barrier. 2- Golden Cross (Circled in blue). For the first time since July 2020, the 50MA crossed over the 200MA. 3- Both 50MA and 200MA are on a positive trend since the golden cross. 200MA is a bit flat...