mario15

$DISH Networks H/S Bottom

Long
NASDAQ:DISH   None
Dish Is forming a rectangle within the right shoulder of a H/S bottom.

Breakout point is set at half the Average True Range above the rectangle.

Some profit will be taken at the completion of the rectangle (red line above the breakout point.)

A generous tailing stop will be applied to reach the H/S target.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.