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

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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.


I Lied, One More: $HOOD

Like the others, I think this is just a 3-wave move, with total capitulation here at the end of it. It counts deliciously. Nice breakaway gap in October for the 3rd of the 3rd, strong intraday drop in the 3rd of the 5th. Diverging here, price action is misleading as average momentum is actually slowing. I suspect $HOOD will rally with the other growth names. A good first target is the orange box.

This is peak meme material if this one rallies. It’s perfect.

HOOD


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.


$HOOD Potential for a Pop

Last noted here, $HOOD has struck 2 of the 3 targets. No guarantee that we’re going to get the third, but if this bull flag breaks out, we just might.

HOOD

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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.


Gaining Some Clarity Here on $HOOD

Newly minted instruments need some initial time to pass and structure to develop before many conclusions may be drawn, and $HOOD has enough now for some predictions to be made.

I conducted my first trial analysis here and though I had no strong basis for the projection for blue b, the general shape of the structure has played out just as anticipated. We did, in fact, move up for blue b and have since created a 5-wave ending diagonal for blue c. That diagonal is now a bullish wedge, broken out. From this pattern we may deduce three targets:

  1. 61.8% of the wedge
  2. The top of the wedge
  3. And then blue wave b

HOOD

Read more “Gaining Some Clarity Here on $HOOD”


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.