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Flagformation

$IDEXPrice have been moving in a slightly bearish channel since March, here it formed an ABCD pattern and broke out. Price then tested a bearish trendline and fell back into the channel again. On the weekly, price have been moving in a massive flag formation with a minimum target at 4.77 dollars if it breaks out bullish. This flag formation has just been broken to the upside and could be setting up for an uptrend to the moon. From July 14 to July 21 price contracted and lacked liquidity, afterwards it started expanding and tested support from lower breakout line at 2.07 dollars. This push down most likely came from smart money trying to get the stock at the lowest price, without breaking out the price bearish. Price is still in the expansion phase but with strength from the flag formation it could be testing the upper breakout line at 2.77 dollars. If the stock can break this line, it will go into the breakout phase and we could potentially see some big moves to the upside.
ILong
by Hami_Invest
ZOOM VIDEO FLAG AND POLE Hello All Hope the last trading week was in the green for all of you. Back with a flag and pole on a daily and weekly time frame on ZM (this chart is on a daily). Good entry point if the daily takes support of the trend line and closes above the previous low. Stop loss just below the support trend line of the flag ( see red horizontal line ) . My entry is at the yellow horizontal line. Risk management rules fit well to a 2% rule if you start with a small to medium position for now. Can always pyramid on more while the stock is on its way up after a breakout of the resistence trend line of the flag with zero risk. ( stop loss = entry point ) or even add a trailing safe zone stop loss for profit taking. The target beautifully meets the previous resistence as you can see in the picture ( marked green horizontal line ). If you like the idea and would want more of such entries and exit ideas , please leave a like and a comment. Your support is greatly appreciated. Happy Trading
NASDAQ:ZMLong
by FoxxInvest
2
$AMC Flag Breakout on Daily With High Acmltn PT $300+ Month TFAMC Entertainment Holdings ($AMC) Has been making incredible strides these last few weeks. The company has incredible cash on hand and is in the process of a shareholder vote that began on June 16th and set to be held until July 28th. Shareholders will have the option of voting yes or no on an issuance of 25 Million shares for improving the company financials and expanding its business. As an Ape I will be voting yes as I want to help the company grow and I see this as a long term investment at this point with the amount of cash on hand the company currently has. I do believe the 25 million shares (If they even sell them and which can't be sold until January of 2022) will be a good fall back on if needed. On the technical side the chart is showing a massive bullish flag formation on the daily which could see a breakout today or Monday. I do believe the share price will more than likely appreciate and break the pivotal $100 mark, after which point the sky is the limit as far as how high this could go. Hedge funds (The good ones not the short ones) Could be looking to buy up millions of shares in order to make a decent profit not to mention billionaires who are interested and vested in helping to squeeze shorts. The short % on the stock is still relatively decent and I do believe a squeeze will send it sky high. Right now they are battling to keep it under $65 but the stock continues to creep upwards to breaking that level. I think we have a good chance of seeing the $100 break early next week. Overall Personal Price target is around $300+
NYSE:AMCLong
by StockGuild
4
ADOBE possible FLAG formation !The technology sector is preparing to make a new high. Many stocks are after a consolidation period since September. We can clearly see that ADBE testing its highest high , so watch it. As always, diversify. If the flag pattern will follow through a big move is about to happen, one that worth risking on a trade. Previous pulse waves were relatively smooth. Side note: if you are familiar with Wyckoff theory, SPRING just happened in March... which is also a possible positive sign for a shoot up :)
NASDAQ:ADBELong
by ZoharCho
1
BTC @ BULLISH /ENTER MISSED TARGETS NOWPHEMEX:BTCUSD BINANCE:BTCUSD BTC Is still bullish for who missed the entries have a chance to enter long as BTC retesting some key level supports. After retesting BTC will sure goes to 🌙. Nearly 72k. Resistance at 61300,60500 Supports retesting are selected for entering position Entries 1st 59000 2nd 58000 3rd 57500 ( Lower Major Support ) Leverage X2 / X5 Max Stop lose @5% Always put trailing or stop losea above entries. I'm only sharing my perspective on how BTC should go. Above mentioned entries are mine not advised to follow. Always DOYR before entering trades. This is not a financial advice.
BLong
by chartgram
BITCOIN All the way to 🌙 New ATH!!BINANCE:BTCUSDT PHEMEX:BTCUSD IS THAT A BULL FLAG AGAIN !!! Forming bull flag again in BTC I'm excited to see a bull flag near the ATH!! We need a closing of the 4 hour candle above 61 to confirm its bullish power. Yeeh it's almost over there. If we broke the resistance and close above their will be a new ATH in Two days, Or else the pump will take some time to gain its full power to break the current all time high. Friends always DOYR before trading This is not a financial advice.
BLong
by chartgram