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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