This Same Chart Pattern Is Appearing on Many Dozens of Names; Here Are 20 Examples

The pattern is self-explanatory. I see it present on dozens and dozens of names. I will show you 20 examples of where I see it, and list about 10 other tickers where I see it (but without also posting the chart).

Now, with this pattern, it shows potential, not guarantees. I just find it interesting that I see it in so many places all at the same time. Could they all fail together? Yes. It is a pattern that you can see in a down trend. However, it is also a pattern you will often see at a very bottom. If these do play out, many, many dozens of names may have already bottomed.

$AAL

AAL

Read more “This Same Chart Pattern Is Appearing on Many Dozens of Names; Here Are 20 Examples”


Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few months), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, Tier 1 members ($20/mo.) get access to the articles, Tier 2 members ($35/mo.) get access to those, plus counts on about 20 other instruments, plus Discord server access.


Chart Pattern and Target for $ANSS

I have spotted this classical chart pattern on $ANSS. These are powerful when they play out. I am looking for a breakout and retest, and have noted the measured move of the inverse should such events unfold.

ANSS


Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few months), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, Tier 1 members ($20/mo.) get access to the articles, Tier 2 members ($35/mo.) get access to those, plus counts on about 20 other instruments, plus Discord server access.


The Ascending Triangle on $ANSS Has Broken Down, But I Wouldn’t Worry Just Yet

The ascending triangle on $ANSS first identified on Twitter here has broken down. I’m not too concerned just yet, as this sometimes happens in something we call “an end run.”

I expect it to find support here or after perhaps another pullback but then to ultimately rally to the targets above us into next year.

ANSS

Read more “The Ascending Triangle on $ANSS Has Broken Down, But I Wouldn’t Worry Just Yet”


Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few months), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, Tier 1 members ($20/mo.) get access to the articles, Tier 2 members ($35/mo.) get access to those, plus counts on about 20 other instruments, plus Discord server access.