As of 12/20/2024
Indus: 42,840 +498.02 +1.2%
Trans: 15,892 +32.54 +0.2%
Utils: 986 +14.76 +1.5%
Nasdaq: 19,573 +199.83 +1.0%
S&P 500: 5,931 +63.77 +1.1%
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YTD
+13.7%
0.0%
+11.9%
+30.4%
+24.3%
|
 44,200 or 41,750 by 01/01/2025 16,100 or 17,700 by 01/01/20251,050 or 975 by 01/01/202520,500 or 19,300 by 01/01/20256,100 or 5,775 by 01/01/2025 |
As of 12/20/2024
Indus: 42,840 +498.02 +1.2%
Trans: 15,892 +32.54 +0.2%
Utils: 986 +14.76 +1.5%
Nasdaq: 19,573 +199.83 +1.0%
S&P 500: 5,931 +63.77 +1.1%
|
YTD
+13.7%
0.0%
+11.9%
+30.4%
+24.3%
| |
|
44,200 or 41,750 by 01/01/202516,100 or 17,700 by 01/01/20251,050 or 975 by 01/01/202520,500 or 19,300 by 01/01/20256,100 or 5,775 by 01/01/2025 | ||
Released 8/4/2022.
Below is a slider quiz to test your trading ability. Captions appear below the pictures for guidance, so be sure to scroll down far enough to read them.
What chart patterns can you find? Look for the following (if you find others, great!): 2 inverted roofs, inverted and ascending scallop, busted triple top, ascending triangle, right-angled and ascending broadening formation, broadening top.
Here's the chart of found patterns. The inverted roof is relatively new.
If you own the stock and are a short-term trader (hold time of a few weeks), how do you know it's time to sell? Hint: The broadening formation has a downward breakout (hard to see on this chart).
1. Price gapped up in a vertical run leading to the chart pattern. A quick decline can follow a quick rise. In this case the decline wasn't rapid, but it did return price to the launch point.
2. The downward breakout was a sell signal.
3. A trendline pierce was also a sell signal. The actual pierce is near 2 in the picture
After the downward breakout, the stock made lower lows for several weeks in a broadening pattern before climbing to the January peak.
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