WTI Crude is finally breaking out from what seems to be a very very important resistance zone, with Energy stocks already showing strong Relative Strength globally, this could be the cherry on the cake for what lies ahead with Crude. From a tight range is a break out happening which is a very good pivot point to take advantage off here.
Everything mentioned in the chart. A good large vol pop after a good period of consolidation followed by a mini shake on comparatively low volumes sets this stock up for a possible good run.
The volume prints are evident in this counter on the up days. It has Institution accumulation written all over it, just a matter of time before it pushes off from this range and starts having a crack towards new ATH.
The stock seems to have given a pocket pivot signal closing at the higher of the tight squeeze it is forming after the huge gap up it had a while ago, one can say it is a flag and has given a good signal of intent in the coming short term. The risk reward will have to be carefully managed in this one!
The stock has been wounding up and its volatility has been contracting in every wave setting it up for some good future price action! Also notice how the volumes have simply dried up, if you know VCP then here are the parameters for this one! ---> 18W 24/5 4T
Another idea where from a good basing the stock has given a nice pull back on dry volumes to levels where the R:R in play looks attractive here!
Amber seems to be a stock which pushed out from a good base it recently made on huge volumes! Now it has presented a pull back on nimble volumes, the R:R appears to be lucrative at these levels!
Crude looks ripe for a quick dash into 3818/ 3947 odd levels after a nice shake out done yesterday followed a good ripe recovery negating yesterday's move on good volumes
Heidelberg Cement - Such a clean box strength break out with a recent retest! A new strong trend emerging on the horizon!
Good resting above a very important resistance zone that was a breached a few weeks ago on good volumes, can rest here before commencing it's trend once again
A 7 and a half year chart in the making giving a good Cup and Handle Breakout on the weekly time scale with good volumes!
After removing the weak hands out of the stock, the stock seems to be on track to gain further strength in the coming period going ahead. As always maintain a SL!