b6d1016fdeb149be865b678a8ac935

b6d1016fdeb149be865b678a8ac935 Jul 7

This pattern in stock trading is called a bear flag, right? Here's why: Prior Downtrend (Flagpole): You can see a significant downward move leading into the pattern, which forms the "flagpole." Consolidation/Correction (Flag): After the sharp drop, the price enters a period of consolidation within a defined, upward-sloping channel (or sometimes a...

b6d1016fdeb149be865b678a8ac935 Updated  Apr 21

This looks like an inverted Head and Shoulders doesn't it? I wouldn't be surprised if this right shoulder had a double-bottom.

b6d1016fdeb149be865b678a8ac935 Apr 7

I can count a 5 wave impulse (subjective) and could see a potential ABC correction down to the $16 - $23 level. As someone who makes plenty of purchases from small retailers on the SHOP infrastructure, I'm ultimately long on this stock. I hope this stock doesn't see a year or more of sliding price action. That level could easily be hit, then recover much sooner...

b6d1016fdeb149be865b678a8ac935 Updated  Feb 19

Price action moves violently away from 30k. I'll post more thoughts on this later. Just putting the idea out there for now.

b6d1016fdeb149be865b678a8ac935 Updated  Feb 19

what are the chances that price breaks out, retests resistance and goes to the moon? Small I'm guessing.

b6d1016fdeb149be865b678a8ac935 Jan 31

Lots of potential upside for this telco. Potentially forming a massive bull flag. Do you see a different pattern forming? I suppose this would be a buy and hold as this would take 10 years to play out. Time in the market is better than timing the market.

b6d1016fdeb149be865b678a8ac935 Updated  Aug 6, 2024

I believe Lumen will reclaim it's $5 price _some_ day. I don't know when, but some day. The internet could not run without Lumen and companies like them. I don't see them going anywhere. The stonk is up today on the news that James Fowler, Executive Vice President and Chief Technology Officer of Nationwide joined the board. This is a patience play, I'm long-term...

b6d1016fdeb149be865b678a8ac935 Jun 20, 2024

This is a Bearish perspective. Some might see a bull flag IF this price action plays out like this, however, it's possible that we could see lower lows in the form of a "Bart Simpson" pattern. Complete Speculation, but saving this idea in case the scenario plays out.

b6d1016fdeb149be865b678a8ac935 Updated  May 17, 2024

Quite the long-shot macro idea here. Looks like a H&S; is forming - if so, short from the right shoulder, DCA'ing into the position. Exit near the bottom of the triangle. After the price breaks out from the triangle, there could be fireworks to the upside, after a test and retrace. This is entertainment for me, this is not a serious post. DYOR.

b6d1016fdeb149be865b678a8ac935 May 10, 2024

This structure could be a diamond top. If it is, I could see prices falling to either of the two zones indicated in blue. Each of which happens to be previous zones of support and/or resistance.

b6d1016fdeb149be865b678a8ac935 Updated  May 3, 2024

What is a Falling Wedge ? A falling wedge is a bullish chart pattern. It typically occurs during a downtrend and is characterized by converging trendlines that slope downward. Here are the key features of a falling wedge pattern: Trendlines : A falling wedge pattern consists of two trendlines. The upper trendline connects the lower highs, sloping downward....

b6d1016fdeb149be865b678a8ac935 Updated  May 2, 2024

I've identified what I think are key support/resistance levels for Etsy. Should supports break, I've indicated where prices could go next/lower.

b6d1016fdeb149be865b678a8ac935 Updated  May 1, 2024

FTM is going parabolic. What goes up, usually comes down. Only short if you see a confluence of Bearish indicators.

b6d1016fdeb149be865b678a8ac935 Apr 25, 2024

A 40% drop in price seems unrealistic, however if this structure is indeed a bear flag (blue), then we could see a new low for the athletic performance apparel company headquartered in Baltimore, Maryland. That low, around the $3.40 range would form a trend line in confluence with previous lows in 2017 and 2020.

b6d1016fdeb149be865b678a8ac935 Apr 19, 2024

Looking back on LULU's price history, it once dropped similar to this, both price and RSI, and the dip/correction was copied using the bars pattern and applied here. The pattern fits perfectly with the blue support line. I am not long or short this security, I simply want to track my hypothesis.

b6d1016fdeb149be865b678a8ac935 Updated  Apr 19, 2024

Relative to BTC, ETH hasn't had another ATH. Should this happen, and I'm not saying it will, these are the levels I'll watch. I haven't yet thought though the implications of this from a marketcap perspective.. who knows, this may not even be possible, but here it is anyway. w00f!

b6d1016fdeb149be865b678a8ac935 Apr 16, 2024

This could be a massive, massive 5 impulse Elliott Wave pattern.

b6d1016fdeb149be865b678a8ac935 Apr 8, 2024

This structure looks like a cup and handle to me. I've indicated a key level of support and resistance with the blue lines. Here are some tips for identifying a Cup & Handle pattern: Cup Formation: The pattern starts with a rounded bottom (the "cup") that resembles a "U" shape on the stock chart. The left side of the cup shows a downtrend...