To The Moon

Hello, everybody.

Today I looked at these stocks and offered my insights:$East West(EWBC)$$Bank of Nova Scotia(BNS)$ $CenterPoint(CNP)$$XPeng Inc.(XPEV)$$Paramount Global(PARA)$ $IONQ Inc.(IONQ)$$Amylyx Pharmaceuticals, Inc.(AMLX)$$Light & Wonder(LNW)$$Endeavor Group Holdings Inc.(EDR)$$Nike(NKE)$$Foot Locker(FL)$

1.EWBC$East West(EWBC)$ - Bearish Rising Wedge

Price is within a large triangle structure, which could be classed as a rising wedge Middle line in dots shows the evident bearish turn, with the strong trend line being broken Downsides seem to be coming on this Weekly timeframe

2.BNS$Bank of Nova Scotia(BNS)$ - Up Channel Continuation

Up Channel apparent on this non-log chart A down channel can also be drawn which further emphasizes a soon to come bottom point Weekly timeframe, bulls will likely continue

3.CNP$CenterPoint(CNP)$ - Breakout to Red Resistance

CNP has been in this up channel for awhile, constantly it has been rejected at the upper channel line I believe it will breakout this time however with a test of a previous support in red Green bars pattern showing the breakout to red line

4.XPEV$XPeng Inc.(XPEV)$ - Middle Bounce

XPEV is in a bearish state but that could change quickly as price hits the middle line of a dominant bearish channel Previously this line has been as a point of support, twice (double bottom)

5.PARA$Paramount Global(PARA)$ - Similar Patterns (W)

Very similar structures, a rising double bottom If this is the case for this second structure we may be upon a large bull move Bullish on this Weekly timeframe Price action thoughts posted in green bars pattern

6.IONQ$IONQ Inc.(IONQ)$ - Establishing A Bottom

A falling wedge has emerged just above a strong horizontal support This is a bullish pattern and should be considered a reversal structure Reversal at white horizontal, furthering the bottom

7.AMLX$Amylyx Pharmaceuticals, Inc.(AMLX)$ - Bullish Assumptions

ALMX has broken out of this strong down channel in red It has re entered a prior up channel that is looking to break to the upside This prior up channel will lead AMLX to its bullish potential (likely even breaking out of the channel)

8.LNW$Light & Wonder(LNW)$ - Strong Bearish Bias

Price in decline following a strong double top that can be seen as a repeating pattern Similar price structure in green rectangles, leading to ultimate downfall in red circles Bearish on this daily timeframe

9.EDR$Endeavor Group Holdings Inc.(EDR)$ - LONG Bull Reversal

The initial bottom (First vertical line) may be an indicator of a long term reversal on a Weekly timeframe The second bottom allows for the double bottom classification Red Triangle is a rising wedge that acted bearishly for price within this channel

10.NKE$Nike(NKE)$ - Strong Uptrend Continuation

Green line shows the dominant bullish trend, this extends back for awhile White line shows apparent downtrend, with a nice falling wedge to allow for the breakout to the upside and hence continuation I expect price short term to rise back to dotted 

11.FL$Foot Locker(FL)$ - Double Bottoms Continuing Uptrend An idea for Footlocker Repeating Double Bottom structures throughout the evolution of price Current Double Bottom should result in a bull reversal for price Monthly timeframe so it might not as be relevant for all

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