Charts| Stocks performance - RUM,PLSE,SMID,SNDA,AYI,SCHN & SMPL

Hello, everyone.

Today, I bring you the volatility of hot American stocks: $Rumble Inc.(RUM)$ $Pulse Biosciences, Inc.(PLSE)$ $SMITH-MIDLAND CORP(SMID)$ $Senior Living Corp.(SNDA)$ $Acuity Brands Inc(AYI)$ $Schnitzer Steel(SCHN)$ $Simply Good Foods Company(SMPL)$

1.RUM $Rumble Inc.(RUM)$ - Triple Bottom Angle

Triple Bottom is evident along this inner downtrend line of the channel, almost forming another channel in of itself.
Previously this has been rejected twice at the larger channel top but this time may be different due to the presence of this triple bottom.
Plotted the price action thoughts of a large breakout in green.
If no breakout continuation of the large down channel .

2.PLSE $Pulse Biosciences(PLSE)$ - Immediate Breakdown

A breakdown seems inevitable as price touches the top of the downward channel .
However this downward move might be short lived as a double bottom is in formation.
This double bottom is an example of something that might break the down channel and create new horizons for PLSE .
Nobody likes the bears.

3.SMID $SMITH-MIDLAND CORP(SMID)$ - Bull Idea

This is a bull idea for SMID showing a channel that is acting as a flag.
The move up allows for the formation of a nice W formation this is coupled with a triple bottom, Outweighing the strength of the Head and Shoulders .
Bullish momentum should carry this higher within this curved area.

4.SNDA $Senior Living Corp.(SNDA)$ - Large Falling Wedge

Price is currently within a large falling wedge
I expect a double bottom to form and price to rise, as shown with the bars pattern in green.
This is a breakout from the falling wedge . A strong bullish pattern .

5.AYI $Acuity(AYI)$ - Another Channel Breakout

Price is now settling above the middle line of a strong channel.
I expect this to be a prompt reversal and price to rise above this up channel as it has in the past
The $400 psychological level looks nice right now following a breakout
Bullish

6.SCHN $Schnitzer Steel(SCHN)$ - Strong Breakout

SCHN has broken out nicely of the down channel in white
It is now forming an up channel that i have drawn with the solid white lines
On an angle the structure could be viewed as an inverted head and shoulders
Breakout move should continue within this up channel , right shoulder forming.

7.SMPL $Simply Good Foods Company(SMPL)$ - Up Channel

Similar formations are within the rectangles
I expect a pattern repeat as shown with the bars pattern.
This angle allows continuation of the channel, while providing some familiarity.
Daily timeframe .
I would call it a W formation.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • ThunderPat
    ·2023-03-31
    Very interesting and insightful sharing
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  • 雨后就是彩虹
    ·2023-04-01
    1
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  • boonk
    ·2023-04-01
    Tt
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  • Tuckhpoon
    ·2023-04-01
    Ok
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  • Ray Kwan
    ·2023-04-01
    [呆住]
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  • IamZhong
    ·2023-04-01
    ok
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  • IamHL
    ·2023-04-01
    ok
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  • Tonyprofit
    ·2023-03-31
    very good
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  • WendyK
    ·2023-03-31
    Okie
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  • FlyDragon
    ·2023-03-31
    Ok
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  • StarryA
    ·2023-03-31
    👏
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  • Optionspuppy
    ·2023-03-30
    Kk
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  • CoinYeye
    ·2023-03-30
    great
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  • cowsmile
    ·2023-03-30
    Nnk
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  • FionBai
    ·2023-03-30
    Ok
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  • YKooi
    ·2023-03-30
    good
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  • WanYun
    ·2023-03-30
    good
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  • Vincentwong
    ·2023-03-30
    Ok
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  • WarisHeng
    ·2023-03-30
    Ok
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  • Jasoncgs
    ·2023-03-30
    Ok
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