SwissTradingSchool

BR, Broadridge Financial Solutions: Double Pattern and breakout

Long
NYSE:BR   Broadridge Financial Solutions, Inc
NYSE:BR
A rare case that we like very much is when it forms a pattern within another pattern because it can optimize the risk reward while maintaining a very similar % profitability.
In this case the breakout of the Falling Wedge into the larger pattern, such as Cup & Handle , allows us to enter the trade first on one of the assets on our watchlist, Broadridge Financial Solutions, a company that is the leading provider of investor communications, technology-driven solutions, and data and analytics to the financial services industry.

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