Looks like beginning of wave (i) of (1) of 5 RR is hugely in favour of Longs
One of the most powerful patterns in the making - The Cup n Handle. This is confirmed if prices stay above 482-85 range for 30 mins. Pattern targets are 100 points higher
A perfect setup of how after a stock enters stage 2, it re-tests the BO ( which makes it stronger for the next move) RR is best here ( the recent low of 27.81) and potential targets of 34/36/44 eventually
Larger the base, Higher into space A fantastic Break out, good enough to take it to ATH's
Seems like making a perfect BULL FLAG. Moving past 68.20, makes the trade active
Intel $INTC seems like bottoming out with a Bullish triple positive divergence on RSI. Risk to Reward is highly favourable @CMP & chips shortage will definitely act as a catalyst for this world leader.
Seems like a textbook Wave with ABC being completed after the 12345. In the larger scheme, once the 200ema is negotiated - this could be heading much higher
NASDAQ:NFLX providing a good RR for long. Its at channel support with swing low of 315 as SL. IF sl is not hit, high probability of hitting channel high
Intel Breaking out of a consolidation range after almost 9 months. Made a dbl bot and in the process of completing the "W" Approaching the 200ema, bulls will definitely look to enter above it
Silver looks quite bullish. The Trendline resistance is at 70k. All Ma's crossover done & positively positioned. Can add now & pyramid above 70k
#Nifty is at TrendLine support. If this holds, there is definitely a possibility of a 1st bounce till 17675. We will have to reassess how it behaves there. If the TL does not hold, a min retracement of the entire rise can be 38.2% which perfectly co-incides with the 200SMA.
Planet Labs - Breaking out after a HUGE consolidation Stops at 5.80