Chartify
@ChartifyCharts
Obsessed with Rectangles. Finding the best setups from over 30,000 instruments across Equities, Forex and Cryptocurrencies in real-time for you to benefit from.
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In Europe 🇪🇺and the UK 🇬🇧, all delivery food services such as Deliveroo (#ROO), HelloFresh (#HFG) and Just Takeaway (#TKWY) are forming horizontal base patterns following a year-long downtrend. #Equities #Europe #Breakout
$KRYS Krystal Biotech Inc, in the biotech sector, has been consolidating in a horizontal base since January 2021. With earnings just announced, a weekly close above 80 will lead to a potential price target of $110.00. $QQQ $Nasdaq #Breakout #Biotech #Stocks
In Sweden 🇸🇪, Lundin Gold #LUG $LUG has been consolidating in an almost perfect horizontal pattern between 63 and 88 SEK. With the price of Gold going up sharply, a breakout above the pivot point of 88 should see a target of 113 SEK, a 28% upside target. #Equities #Gold #CSE
In Japan 🇯🇵, Square Enix Holdings #9684 has been consolidating for 18 months between ¥4,900 and ¥7,000. The stock has been showing great relative strength compared to its peers. #NIKKEI #stocks #BreakoutStocks #Rectangle
Even though the news continues to highlight an imminent recession in numerous countries such as the USA, the UK and most of Europe, numerous equities are at the pivot point of horizontal bases formed over numerous months.. #Equities #Stocks #Nasdaq $QQQ #Dax
#CGO After the placing announced on 31st October, the chart for Contango Holdings remains the same. The key pivot point is 9.20p. A couple more weeks of consolidation and strong sector trends should see the share come into play. #AIM #Mining #Cokingcoal
$AIN #AIN Albany International, has been in a very tight consolidation rectangle since the pandemic. The relative strength shown in the sector would suggest a breakout above 92 on a weekly timeframe is more likely. A technical target of 108.50 can be achieved in the coming month.
The recent rallies in global markets have been led by the following industries: Banking, Commodities, Manufacturing, Insurance and Pharmaceutical Industries. Finding the right setups in these sectors is crucial to outperform the market. #FTSE #Nasdaq #DAX #Indices #stockstowatch
#AXL $AXL Arrow Exploration is another small-cap oiler which has consolidated for 5 months in a rectangle pattern. A target of 24p could be achieved if breakout above 19p on weekly is confirmed. #AIM #Miners #smallcap #Oil
$SUSHI SushiSwap has been consolidating in a rectangle pattern for 5 months, with a potential target of 2.34 if a breakout above 1.64 is confirmed. Considering the weakness of the general crypto market, the relative strength shown by SushiSwap is encouraging. #KuCoin #Crypto
$TWT $TWTUSD The Crypto space has seen very few bullish charts in the last 12 months, however $TWT should be on every crypto watchlist as the coin has been consolidating for over 1 year between 0.45 and 1.55. A weekly close at 1.55 will give a potential price target of 2.65.
#PREM Premier African Mineral (PREM.L) has been in a horizontal consolidation phase for the last 8 months. With clear support (0.26) and resistance levels (0.42), a breakout above the 0.42p pivot point would suggest a move to 0.58p. #AIM #Stocks #FTSEAIM #Miners
$NBTB NBT Bancorp Inc., a national US bank, has formed 5 year horizontal base with a weekly close above $42.50 initiating a breakout attempt to new all-time highs with a price target of $53.00. #Stocks #NASDAQ #ATH #Bullish #Banks
#AIXA $AIXA Aixtron SE has consolidated for the last 6 months in a rectangle formation between €22.3 and €26.99. With the continued weakness of Semiconductors and the DAX, the relative strength on display would suggest an upwards breakout.
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