Pennantbreakout
bull pennant formation or down trend?Chaikin and premier stochastic oscillators showing some signs of upward breakout out of the pennant. Volume profile makes sense for the pennant formation and pole.
Personally going to wait to see if price breaks through the 1.26 ish level before entry (yellow ray). other notable levels are seen with the other horizontal rays.
$PESI perfect pennant breakoutThis is a very low trading volume stock. Many people do not like stocks like this. But they sometimes explode in case of any significant catalyst. Chart formation is in place, time to make money. Be patient and do not use stops, MM's will pick it up. It is easy for them to do it in low volume environment. Good luck!
ENJBTC wants the moon again! 🦐ENJBTC created a falling wedge and now the price having a breakout! If the price flip the Daily resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
CLVR Breakout Points with in depth details!Scenario 1: Possible Short Term Breakout. Lowest possible price $17.35 highest price before breakout $18.65. The breakout Price is a target of $20.30.
Wait for signs of support before buy-in. (A bounce off the dotted Yellow trend line .)
Scenario 2: Medium Term Breakout. Lowest possible price $16.00 highest price before breakout $18.65. The breakout price is a target of $21.50.
Wait for signs of support before buy-in. (A bounce off the dotted Orange trend line .)
Scenario 3: Long term (Feb 18-19) Breakout. Lowest possible price $14.00 highest price before breakout $18.65. The breakout price is a target of $23.00.
Wait for signs of support before buy-in. (A bounce off the dotted Green trend line .)
XLMUSDT is creating a nice bullish pennant 🦐$XLM.X is testing weekly support and the price is creating a bullish pennant. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
PLTR - Perfect bullish pennant breakoutPLTR formed a perfect bullish pennant breakout last friday price close! More upside possible, watch price action closely on previous ATH.
Not financial advice.
Bull Pennant on COTY: BREAKOUT= MAJOR UPSIDEA Bull pennant has formed on COTY and looks like it will attempt a breakout soon... If breakout is confirmed I expect to see some major upside to the $12+ level... I will watch price action as it approaches bottom support line and if it reacts as I anticipate I will strongly consider buying mid-February expiration call options
NANO/USD Bull PennantBull Pennant has formed on NANO... Following a bounce off the bottom of the pennant I am anticipating a run up back to the top resistance line and another attempt at a breakout...If a breakout does occur there will be some really nice quick upside to $5+... If a breakout is rejected it will be very important to watch price action closely as a break through of the bottom support line could bring some major downside to the $1.00-$1.50 level