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        Zig Zag Pattern

        Dissecting The All Too Famous Zig-Zag Pattern

        A zigzag in a bull market is a simple three-wave declining pattern labeled A-B-C. The wave sequence is 5-3-5.

        • A three wave move in Wave A, signals a flat or triangle for Wave B
        • A triangle always occurs in a position prior to the final wave
        • Wave C is the final wave in the sequence

         

        Master This Pattern
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      @brashmeans

      Active 2 months, 2 weeks ago
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        BJay started the topic EVGO -EV-Charging Stocks Post Solid Sales Growth. It Has Little to Do With Tesla. in the forum Impulse Waves 1 year, 2 months ago

        EV-Charging Stocks Post Solid Sales Growth. It Has Little to Do With Tesla.
        EVgo, Inc. specializes in electric vehicle charging station services, offering a range of solutions including the EVgo network, home charging options, workplace charging, and freedom station plans for electric car owners. Founded in October 2010, the company is…[Read more]

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        BJay started the topic Brent Crude Oil Forming Triangle Pattern in the forum Contracting Triangle 1 year, 2 months ago

        The decline in oil prices, particularly with Brent Crude breaking out of a 15-month triangle pattern to the downside, can be attributed to several factors within technical analysis. The pattern suggests that oil prices might be entering a bearish phase.

        Here are four key factors for Brent Crude:

        1. Triangle Pattern Breakdown: The recent…

        [Read more]

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        BJay started the topic ZM – Zoom Video Communications Inc. in the forum Ending Diagonal 1 year, 2 months ago

        ZM – Zoom Video Communications Inc.  has developed an ending diagonal pattern after hitting a low of $58.26, which followed a nearly four-year decline from a high of $588.84 in October 2020. This pattern suggests a potential reversal, but the critical question now is whether it will hold after encountering resistance.

        The ending diagonal p…[Read more]

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