https://rightsideofthechart.com/market-analysis-trade-ideas-8-3-23/ Stock Trading, Investing & Market Analysis Fri, 04 Aug 2023 00:34:13 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://rightsideofthechart.com/market-analysis-trade-ideas-8-3-23/#comment-28905 Fri, 04 Aug 2023 00:34:13 +0000 https://rightsideofthechart.com/?p=212041#comment-28905 I hate to say it, because it has definitely become more fun to be bearish the last few days, but the /NQ hourly chart shows a well-defined bottoming pattern in the form of an inverse Head and Shoulders. A strong enough move above the 15,510 neckline should project it up toward 15,680 or so.

]]> https://rightsideofthechart.com/market-analysis-trade-ideas-8-3-23/#comment-28903 Thu, 03 Aug 2023 16:39:03 +0000 https://rightsideofthechart.com/?p=212041#comment-28903 Hi Randy,
Can you provide your thoughts on LUV or other airlines?
Thanks

]]> https://rightsideofthechart.com/market-analysis-trade-ideas-8-3-23/#comment-28902 Thu, 03 Aug 2023 15:30:37 +0000 https://rightsideofthechart.com/?p=212041#comment-28902 What if WEAT drops below 7/13 low ($6.29)? By that time, it forms a double top “M” shape. From the top of 6/26 ($7.44) to the 7/13 low ($6.29), about a 15.24% drop, should we expect WEAT to drop another 15.24% from the 7/13 low?

]]>