Earnings in October/ I plan to go Long after resistance of upper trendline is broken with confidence/has broken once/After upper trend line is broken, this will become possible support. I am Neutral until breaks out of pattern..unless it breaks down and I catch it on the pull back (o:
CCI has pierced upper trendline once and hit 180ish
Monthly and weekly candles are both red shooting stars. I plan to proceed with caution. 5g is hot so things can change in a heartbeat! She may break out at anytime I suppose
Triangle sits at 147.5 and 155 on the up sloping bottom trend line. Upper trendline is at 176.86 (Resistance that must be broken)
Price must break the resistance line of the A Triangle with confidence Strong support noted at 161 to 164ish
Ascending Triangle often means a move up. But on occasion, a move down. There is such a thing as a Busted Ascending Triangle. A break up is more likely when price is above the 200 ma. CCI is abover the 200 daily ma
Bulkowski has a lot of free education available online. During his studies, he states 63% of the time, an ascending triangle will break up
It is a period of accumulation and is a continuation pattern so an uptrend needs to proceed it. I should be all over this but am gonna watch it.
Stock dipped out of most recent rising wedge on Friday/Pierced bottom trend line of rising wedge
Trade safely
CCI has pierced upper trendline once and hit 180ish
Monthly and weekly candles are both red shooting stars. I plan to proceed with caution. 5g is hot so things can change in a heartbeat! She may break out at anytime I suppose
Triangle sits at 147.5 and 155 on the up sloping bottom trend line. Upper trendline is at 176.86 (Resistance that must be broken)
Price must break the resistance line of the A Triangle with confidence Strong support noted at 161 to 164ish
Ascending Triangle often means a move up. But on occasion, a move down. There is such a thing as a Busted Ascending Triangle. A break up is more likely when price is above the 200 ma. CCI is abover the 200 daily ma
Bulkowski has a lot of free education available online. During his studies, he states 63% of the time, an ascending triangle will break up
It is a period of accumulation and is a continuation pattern so an uptrend needs to proceed it. I should be all over this but am gonna watch it.
Stock dipped out of most recent rising wedge on Friday/Pierced bottom trend line of rising wedge
Trade safely
Comment:
Price is still under rising wedge bottom trendline. I am watching for signs of recovery/Monthly and weekly candle now a red hammer