both are bull scenarios, we are looking to buy a dip at the support in a bull move
this is potential buy the dip if we go to back to the support
if we stay in this range, long idea bonce from support to the resistance
bounce from support would be a long entry, take profit is a resistance
Looking for short bounce from resistance to the previous support --> range play
Long on the retest of a support, potential take profit is on the next key level
Long trade 1:5 risk reward ration. classic channel play
This is very nice setup with multiple confirmations: 1. It has very strong support level 2. The last time it reached it consolidated into bull flag, than it broke it and had bullish momentum for couple of days 3. Consolidation with 2 trendlines at the same place is broken 4. if it makes new high it can continue expected trend
perfect flag was broken, new high can mean new momentum
RBLX has broke bull flag and it has a chance of continuation of momentum. Watch for bullish momentum.
After huge bullish run TSLA formed a Triangle. It broke it and consolidated into rectangle. Today (as expected and published on my instagram LionShare_Trading) TSLA broke the rectangle with big momentum. We might see many big green days for TSLA these next months.
NIO like to move in patterns and breakouts. Now we have big Bull Flag. If the price closes high today we can expect breakout next week. These patterns always work it is just a matter of timing.
Big trendline broken. -> New consolidation formed with 49.6 resistance, if it gets broken, we have free run all the way to 51.
Now when bull flag is broken, it takes nothing more than breaking premarket high for stock to have a bull run
Perfect symmetrical triangle, and right now it is at resistance where it takes small movement to break it. If it breaks it with momentum there might be a bull run
If PLUG breaks the key level with momentum it might have a bull run.
FUBO is outside of meaningful trendline. It has one more key level to break (it is right below it) and than it looks ready for bull run.