u/Teeter03

TXN is starting to flag and create this IVHS pattern on the hourly. A break above resistance could give it another leg up. The measured move of the flag is in the $315. Not financial advice.

Anyone play earnings?

MRK is flagging on the hourly, a break above this resistance could create another leg up. On the daily it also looks like its breaking out of this consolidation where it started on the 1st of May. A break above the 50 EMA would be nice as well. Not Financial Advice.

SNDK is in this descending channel where it is making LL and LH. It started on May 8th and has been continuing to sell off, waiting for the weekly EMAs to catch up. I'm looking for a break above the channel for an entry to go long. Not Financial Advice.

XLE broke out of this trendline on Friday and retested today and is now up almost 2%. Some of the notable stocks in this ETF are XOM, CVX, COP, SLB, WMB, VLO, MPC, KMI, and OXY. Lots of oil in this name. Be on the lookout for oil. Not Financial Advice.

SHEL has been descending after this big move up due to oil ripping a few months ago. After that, it started to descend and respect this channel, where it is creating lower lows and lower highs. It found a bottom at the 100 EMA (Blue Line) and created a double bottom off of it, which sent us back to the top of the channel. I'm looking for a clear break above and close above the channel for an entry to go long. Not Financial Advice.

OIL booming today, How did everyone do?

Looking for more upside on CSX due to this bull flag breakout on the daily time frame. It broke out and retested resistance. Lots of activity going on in the 47.5 6/18 calls. Not Financial Advice

Daily bull flag forming on COP. Looking for a break in the resistance of this bull flag to head higher towards the neckline of the double neckline. If you zoom out on the daily, you also have this cup and handle forming as well. Not Financial Advice.

NUAI is breaking out of this consolidation phase that lasted about a week. It consolidated between the 20 EMA and the neckline of the double bottom, where today it broke out. I'm looking for a retest candle of the double bottom and try to target this unfilled gap at $5.60. The measured move of this consolidation type flag is near the $6.05 range. Not financial Advice.

How did everyone do?

Huge gap up for NBIS from earnings. Did anyone play this?

BA: Daily IVHS breakout and a 30 min bull pennant breakout. Daily EMAS curling, and above all EMAS. Double bottom retest on the daily, and had a strong candle on the breakout. Looking for a retest on the 30 min bull pennant flag. Not Financial Advice

TLN has a nice bull flag breakout retest on the weekly timeframe. It has been consolidating after this big move up, staying in this range, where this week it looks to be retesting the breakout. It looks good for the bulls. Measured move of this flag would be towards the $570 range. What do you guys think?

KO is breaking out of this flag, where this overhead trendline has been showing consistent resistance. After catching support off of the 100 EMA, it created a double bottom where it broke above the neckline and started to consolidate, making a flag. We got the break, so I am looking for a retest to get in a long position. It is above all of the EMAs, and also has that cup and handle look to it. Not Financial Advice.

GS is breaking out of this IVHS and consolidation, where it has been staying between both of these two trendlines. It got a break and retest today, where it could head higher. If you look at it from a different perspective, it has an IVHS as well. What do you guys think? Not Financial Advice

Looking at Barrick, it looks like it is breaking out from this trendline and daily double bottom off the 200 EMA. We got a strong bullish candle from earnings, and it seems like it cooled off by retesting the neckline of the double bottom. I'm thinking we could head higher and get this gap fill at $48. It also has an IVHS look on the daily, which gives more confluence to the bull thesis. What do you guys think? Not Financial Advice

Today's heat map for 5/12. Healthcare and Consumer Defensive are green today. People are buying into safety stocks. What do you guys think?