All Entries in the "chart patterns" Category
Is NFLX Leading Again?
With new highs being hit almost daily in the market, there has been an abundance of long-sided trade candidates. However, weak stocks are still in our midst, and it can serve us well to watch for those outliers - whether as individual profit vehicles or simply as hedges.
I See You PCU
Strength in this market has been relentless, and that means many individual names are riding the wave. It can be difficult to work through robust watch lists in search of great plays, but often times it boils down to identifying the most valid levels, knowing if they’re violated that opportunity will emerge.
Nothing Wrong WIT This One
Solid technical setups often times will have more than one positive thing going for them. It may simply be having the market’s wind at its back, or it may be more like the stock I’m going to show you today.
LUV Still Adored
There’s a common desire among traders to “buy the dip” when given a chance, and I’m here today to show you one such opportunity.
Eyeing Range Expansion in ACL
The ascending triangle pattern is commonly found within uptrending stocks, so in a bull market like we’ve been in since March, you can spot quite a few of them.
Pattern Failures Are Worth Noting
While the bulk of my trading revolves around chart patterns, and most notably the confirmation of them, failed patterns are certainly worth identifying.
4 Cup & Handle Patterns to Watch
One of the most easily identifiable chart patterns is also one of the rarest - the cup and handle pattern. In this post, I want to show you a few which are developing right now.
