This setup was one of several setups sent today to the Elite Zone members in the weekly members stock markets analysis.
If $AA will continue its climb (after a strong weekly candle from last week) and reach the resistance zone near 17$, it will also complete a bearish Bat pattern.
17$-17.5$ will be an interesting zone to look for intra-day reversals that can trigger short entry for those who wish to trade this bearish harmonic pattern.
If you like this analysis and you want more.. join the Elite Zone members via the MarketZone website:
www.themarketzone.net/
If $AA will continue its climb (after a strong weekly candle from last week) and reach the resistance zone near 17$, it will also complete a bearish Bat pattern.
17$-17.5$ will be an interesting zone to look for intra-day reversals that can trigger short entry for those who wish to trade this bearish harmonic pattern.
If you like this analysis and you want more.. join the Elite Zone members via the MarketZone website:
www.themarketzone.net/