AI
| Followers | 80 |
| Posts | 10489 |
| Boards Moderated | 0 |
| Alias Born | 06/05/2014 |
Wednesday, October 31, 2018 4:24:29 AM
Chart=========>BREAKOUT of Bullish Wedge AND Bullish Flag yesterday!
...Bullish Wedge also called Falling Wedge
...the first breakout attempt failed
...but yesterday the second attempt was successful IMO
Explanation for Bullish/Falling Wedge and price targets:
1) https://learn.tradimo.com/advanced-chart-patterns/falling-wedge
2) http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:falling_wedge_reversal
3) https://www.investopedia.com/university/charts/charts7.asp
Additionally there was a BREAKOUT of a Bullish Flag
...price target is the length of the flagpole ($0.65) ==> $14.22 + $0.70 = $14.92
Explanation for Bullish Flag and price targets:
1) https://www.chartpatterns.com/flagsandpennants.htm
15m $COOP chart:
I AM LONG COOP, NO INVESTMENT ADVICE!
...Bullish Wedge also called Falling Wedge
...the first breakout attempt failed
...but yesterday the second attempt was successful IMO
Explanation for Bullish/Falling Wedge and price targets:
1) https://learn.tradimo.com/advanced-chart-patterns/falling-wedge
2) http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:falling_wedge_reversal
3) https://www.investopedia.com/university/charts/charts7.asp
Additionally there was a BREAKOUT of a Bullish Flag
...price target is the length of the flagpole ($0.65) ==> $14.22 + $0.70 = $14.92
Explanation for Bullish Flag and price targets:
1) https://www.chartpatterns.com/flagsandpennants.htm
15m $COOP chart:
I AM LONG COOP, NO INVESTMENT ADVICE!
---------------------------------------------------------
- Just my personal opinion, no investment advice! -
---------------------------------------------------------
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
