Charts| Stocks performance - VOD, ED, KDP, IT, EPAM, DLR & GL
Hello, everyone.
Today I bring you the latest on hot U.S. stocks: $Vodafone Group PLC(VOD)$ $Consolidated Edison(ED)$ $Keurig Dr Pepper Inc(KDP)$ $Gartner(IT)$ $EPAM Systems Inc(EPAM)$ $Digital Realty Trust Inc(DLR)$ $Globe Life Inc.(GL)$
VOD $Vodafone Group PLC(VOD)$ - Bear Continuation Channel
VOD: VOD - Bear Continuation Channel
A bear continuation channel I dont expect a very strong reversal out of the channel just a move up then double top and return back down Double tops are notorious on this chart which I have shown in red
ED $Consolidated Edison(ED)$ - Bullish Flag
ED: ED - Bullish Flag
ED has shown structural similarities to that of a bullflag It is showing also a W type structure that will lead to a breakout of the right arm of the W, supporting the bullflag theory Breakout?
KDP $Keurig Dr Pepper Inc(KDP)$ - Falling Wedge
KDP: KDP - Falling Wedge
Falling Wedge structure drawn I expect a downward move to about $30 and then return upwards with the bullish trend on higher timeframes
IT $Gartner(IT)$ - Double Top Idea
IT: IT - Double Top Idea
IT is experiencing a double top. A higher high is present which might affect the double top but we will just ignore that for now Expect downward move as per the bearish pattern
EPAM $EPAM Systems Inc(EPAM)$ - Falling Wedges
EPAM: EPAM - Falling Wedges
A large falling wedge with a smaller falling wedge inside of it Interesting pattern This is an update to my last EPAM analysis as price broke down instead of hodling the trend line I think a recovery can ensue following the large falling wedge
DLR $Digital Realty Trust Inc(DLR)$ - Recovery At Bottom of Channel
DLR: DLR - Recovery At Bottom of Channel
DLR seems to be falling out of the channel on this log chart but I think it will maintain structure The 1,2,3 labels are my pattern counting method and are considered similar points when they are labelled the same number The circles are also considered similar Lets see what happens
GL $Globe Life Inc.(GL)$ - Return To Bottom Of Channel
GL: GL - Return To Bottom Of Channel
Using the bowl structure in the middle we can assume symmetry between the up movement first and then the down movement that will come (in red) The channel is a long term up channel so a movement down wont affect the bulls that much
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