NOV was a HCPG pick with trigger at $76.00. Yesterday's daily WRB on high volume was the lead in and if you notice how orderly the 15 minute chart was, it seemed like a perfect segway for continuation.Today's ORH was at the number, followed by a steady consolidation. Shortly after lunch, it setup a low risk dummy entry. By that time the pattern looked somewhat like a C&H base, so I used the Fib. extension from the ORL to the base to calculate a measured move of 100% typical of the C&H pattern.
YGE was another HCPG pick. After a weak open and slide to support, I saw a perfect bearish flag taking shape.
Unfortunately it didn't trigger, instead we attempted to reverse. Wait for a proper base to form and take it long. Partial as price approached ORH.
COG from my own WL, appears to be forming a double top of the daily (to be confirmed by a close below the daily PP around $59.00). I saw 3 NRIBs screaming short me. Target next level support.
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