Greetings everyone, here are some interesting setups in four stocks I monitor….I hope you find them useful.
Higher highs and higher lows. Bullish hammer candlestick pattern. Cloud support respected. A bullish follow through would be a bullish sign for the next few months for JPM. Bullish stop last week’s low on a closing basis. Confirmation of bullish scenario, a break out above 117.30$.
Red upward sloping trend line support respected. Cloud support also respected. RSI turning upwards from oversold levels.
Higher highs and higher lows. Price respects cloud support. As long as price is above it we are bullish expecting a break above recent highs and a move towards 241$
Perfect back test of the broken trend line resistance. Price bounces off the trend line. This is a bullish sign. Last week’s lows very important. We could see resumption of the bounce to even new higher highs.
Trade at your own risk.
Have a great day everyone!