Below are a few potential bullish technical chart patterns, they are all classic bullish breakout patterns. These patterns have not been confirmed by a breakout so they are all just potential plays to watch. The patterns are confirmed with a break of resistance of a breakout of the consolidation. These are also meant for information purposes and not considered “investment advice”.
MHR: Ascending Triangle Pattern.
Bullish above 4.40 with a price target above 5.50
PEI: Ascending Triangle Pattern
Bullish above 15.78, price target near 17.30 and above.
PXD: Bull Flag
Bullish above 100, with a target to 112
OMX: Bull Flag
Bullish above 5.50 with a price target of 6.20
