Falling MomentumA top seems to be forming and the momentum is declining. After the long uncorrected rise since the beginning of September the time for a downward correction may have come.Shortby motleifaulUpdated 1
Love - Ready to touch previous high*Lovesac Company CMP - $35.40 / Positional Trade* *Buy Range $34 - $36 / Strict Stop Loss $29* Target 1 - $40 Target 2 - $45 Target 3 - $50 / $60 / $70 + Disclaimer: This is my view and for educational purpose only. Longby rafeahmed0
Hanging ManAt the end of the day a Hanging Man with a turning bearish ADX seems to be inviting for an imminent correction downwards.Shortby motleifaulUpdated 1
Star?It is a kind of a star engulfed by a prevailing long day. I will read my candle bible to define what kind of a candle stick formation this really is. But at least it seems to be a reversal structure developing here.Shortby motleifaulUpdated 1
LOVE - 23 months COMPLEX FORMATION══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════Longby TheArtOfCharting1
Inverse H&SCut and dry inverse H&S on LOVE with class A divergence on the right shoulder. The projected move would take you to the .618 I would wait for the break and retest but good luck trader!Longby YouKnowTheVibes0
LOVEOpened a starter last week. Weekly scale - a huge base is being printed, now looks like an inverted HS. Added WMA30 and waiting until price breaks the neckline and retests it + WMA30Longby Alpha_Mind0
LOVEAll you need is LOVE )) Completing the right shoulder in an inverted HS pattern. The larger bearish trend line is broken. Bought 50% of the position on the retest of the local correction within the right shoulder. Longby Alpha_MindUpdated 0
LOVE The Lovesac Company Options Ahead of EarningsIf you haven`t bought LOVE before the previous earnings: Then analyzing the options chain and the chart patterns of LOVE The Lovesac Company prior to the earnings report this week, I would consider purchasing the 25usd strike price Calls with an expiration date of 2024-4-19, for a premium of approximately $1.67. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptions1
Loving Ema crosses Daily TF shown. Biggest thing that jumps out are the 9/21 Ema crossovers. If you peek lower at the 4hr you'll see a reverse head and shoulder breaking out. if you peak higher on the weekly you have BB support not too far down which warrants a handsome risk to reward ratio. Together this is a powerful set up. Longby Spadetradez1
LOVE The Lovesac Company Options Ahead of EarningsAnalyzing the options chain of LOVE The Lovesac Company prior to the earnings report this week, I would consider purchasing the 25usd strike price Calls with an expiration date of 2023-7-21, for a premium of approximately $1.87. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Longby TopgOptionsUpdated 4
LOVE - Potential BottomLOVE is looking for a bottom. It has broken its downtrend in dotted line. Potential for reversal. 4Hr chart. by Bixley2
LOVE FORMING BULLISH MARKET STRUCTUREGood Morning Traders, I wanted to touch base on LOVE, which we all need in the world <3333 We see LOVE break out of its descending price channel, and forming bulish market structure on the HTFs. At the time of writing, it is currently not only above our Monthly level of 27.59 and our 1.618 fib extension level, BUT also above our nPOC - which is the area of the most high volume clusters! If you think you've gotten awesome content from my TA, please smash that like (boost) button! It keeps me motivated to continue hitting the charts for y'all!! I'd also love to see requests on any chart you'd like me to look at! So please leave a comment on what Analysis you'd like me to do next! <333333Longby marktiuUpdated 0
Love StrongInsider ownership is above 8% and they are advertising regularly on prime time to get eyes on their living room, washable furniture that charges your phone. Image that in your living room. This is undervalued and has an $51 price target over the next year. They have been beating their earnings. The price is headed to the 200 EMA. It crossed the 50 EMA in January 2023. I see that it is bullish on the day, week, month, and quarter. The financials are looking strong for this company, they are beating the estimates on their earnings and are producing revenue. Longby GlennTrading0
LongThis looks like a rather interesting concept, looking at the 109 institutional buying interest it seems that institutes agree. This company has incredible growth potential Longby wulrahmah442
$LOVE Long Swing PlaySimple S/R on the monthly shows a great entry point for a potential upside move to strong resistance at 46.68Longby froglegs421
A Face Within The ChartsCreative post Saw the same patterns and their inverse nature (eyes) Just had to add a chin and something looking like a mouth by Bixley1
LOVE likely to drop very soonBased on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on March 18, 2022 with a closing price of 48.06. If this instance is successful, that means the stock should decline to at least 47.35 which is the top of the larger green box. Three-quarters of all successful signals have the stock decline 8.856% from the signal closing price. This percentage is the top of the smaller green box. Half of all successful signals have the stock decline 11.629% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock decline 15.77% from the signal closing price which is the bottom of the smaller green box. The maximum decline on record would see a move to the bottom of the larger green box. These are the same concepts for the levels in the red boxes as well. The ends/vertical sides of the boxes are determined in a similar fashion. The trough of the decline can occur as soon as the next trading bar after signal close, while the max decline occurs within the limit of study at 40 trading bars after the signal. A 0.5% decline must occur over the next 40 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 6 trading bars; half occur within 12 trading bars, and one-quarter require at least 30 trading bars. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).Shortby StockSignaler0
$LOVE Six Month Base Tightening UpNothing is setting up to my liking on my entire watchlist. The top of my list is $LOVE Remember I got into it couple weeks back but exited for a scratch when it did nothing. It is now tightening up even more. Big 6 months base.Longby TaPlot2
LoveLong to retest previous high may break to new ATH well have to see Longby Aaron_AbrahamUpdated 331
$LOVE Setting Up Long EntryWhat did $LOVE do yesterday? Yes, you got this. It corrected the wedge breakout attempt and put in another contraction in single digits. Looks much better now and getting me interestedLongby TaPlot0
LOVEI do analysis to sharpen my skills . I'm not entering this trade . I try to apply what i learned in the market . **** it is not trading advice LOVE- what facts are presented by market {daily and weekly chart} i'm bullish . My suggestion will be- Entry-74.43-75.50 Stop loss-68.05 Take profit-83.08 1. WEEKLY Chart after forming HH market retraced as result HL is formed 2. DAILY Chart 19 oct. candle gave us signal to go long by forming new HH {short timeframe } Longby lovepreets3456670