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TaPlot Updated 

NYSE:HUM completed its rectangle consolidation pattern today with the breakout and close at ATH. Swing target added to the chart. I alerted to this pattern here

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Descending triangle is bearish in nature. A confirmed breakout (daily close below chart pattern support) could start the next correction phase for gold and take it down to $170/$169 area. I would also be playing the failed chart pattern (close above triangle down sloping line) for a run back to bull market high.

TaPlot Updated 

I posted about the rectangle setup back on July 27th when it was forming. Today, Visa hit its #rectangle price target. here is the post from 07/27

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Possible long play with flag breakout and test of August high.

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Looking for a potential flag breakout and a run back to March and July highs.

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Been consolidating for 4 months forming a rectangle chart pattern. A daily close above rectangle resistance would set the stage for the next leg up.

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DLNG has formed a 2+ month rectangle flag pullback setup after a strong rally from April low. A daily close outside of the bullish flag should set the stage to the next leg up.

TaPlot Updated 

Nasdaq 100 is back at the level where bulls back on August 12 took control of tech stocks and ran wild with relentless move up. Bulls should be stepping back in at these levels. 10845 was the low on August 11th that brought the bulls full force.

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Working on possible right shoulder. Interesting chart to watch how it unfolds in the next few days. A flag breakout could set the stage to test pattern neckline with a possible breakout thereafter.

TaPlot Updated 

NYSE:AMRX forming a possible 8 month #HeadandShoulder bottoming Chart Pattern. A clear horizontal resistance neckline define where the breakout need to take place. Chart pattern has a potential of 50% price appreciation.

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After an impressive run from March Covid-19 bottom, MGLN is forming an interesting 4 month long sideways rectangle consolidation pattern with the last 2 months forming an even tighter 2 months rectangle pattern.

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I've alerted to the original rectangle setup back in July. Stock broke up around end of July, reached its chart pattern price target and now forming another rectangle consolidation chart pattern at ATH.

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Good amount of technical damaged done today. Potential breakout failure on ES if bulls don't re-capture the 3400 level this week.

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A clear resistance boundary around $85.80. A decisive daily close above that level will confirm the chart pattern and set the stage for a potential run to round number $100. Wait for breakout Confirmation for long entry.

TaPlot Updated 

Clean pattern with $12 acting as resistance. A breakout will send the stock to ATHs.

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This is a post for those who like to buy support and sell resistance. TASE:MTRN is currently sitting right at rectangle lower boundary support that coincides with 200 day MA. Good probability trade setup.

TaPlot Updated 

NYSE:RNG entering breakout mode that is sending the stock to an ATH daily close.

TaPlot Updated 

The handle is taking a shape of a rectangle chart pattern. Watch the break of that handle for entry direction. The larger pattern (inverted cup and handle) is bearish.