A long term prior uptrend; have created HH-HL with retracement and not ready to make a new high. multiple confirmation: 1. Let it break the resistance line as shown. 2. taken support of 50 dma which is a strong reason. 3. already made HH-HL. RR of 1:2 can be planned for... happy trading!!
Pole n Flag: 1. More than 30 days into flag formation (sideways) 2. Support from 50 DMA; quick recovery & making Hammer 3. Double bottom formation within flag 4. Strong on revenue and earnings Prior strong uptrend tot continue.
Nice and simple Cup & Handle - Cup & Handle formation - Good break out with higher volume and significant candle on day TF - Prior uptrend to continue Planned for 1:5 RR
1. Triangle formation in sideways for more than a month. 2. Price and volume contraction during this span. 3. Breakout at around 450 on upper resistance line 4. Prior uptrend to continue
Breakout with strong volume - 1. 5 mo uptrend 2. Flag breakout awaited 3. Sideways for more than 2 mo 4. Falling volume during sideways - accumulation 5. Respects 50 DMA for support
Breakout from sideways to continue previous uptrend: 1. Inverted H&S 2. Prior uptrend 3. More than average volume
1. Broken out of Tringle 2. Long term uptrend 3. Recent support near 50 DMA
Breakout after 2 years from symmetrical tringle Near 50 DMA Prior long term uptrendv
1. Uptrend on 200 DMA 2. Bullish Flag pattern and breakout 3. Strong sales and earnings
Typical VCP characteristic, 1. Previous long term uptrend 2. Sideways for 50 days and breakout 3. Supported by 50 DMA multiple times 4. Volume profile suggest accumulation during this sideways duration.
Breakout after almost 45 days of sideways movement; just to continue the previous trend...
Nice and clear Flag pattern, breaking out for new highs, just to continue ongoing rally...
After a long term uptrend, went sideways for short time of week or so. Breaking out today from the range, expected to continue the ongoing trend.
A Typical VCP: 1. Volatility contraction in 3 phases 2. Decline in volume along with contraction 3. Breakout with massive volume
1. 200 DMA is in long term uptrend. 2. In sideways for accumulation for more than 100 days. 3. Cup and handle pattern for further upmove.
Long term uptrend... a small flag has been broken out upwards today, an excellent opportunity to enter the counter...
Breakout after 2 months of consolidation. Expected to continue prior uptrend
Breaking out with above average volume after 3 weeks of consolidation phase, just to continue with prior trend...