Might be a SHARK here - XA ext not ideal - but this is BATS so could be wrong
Comments
whitebluff
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Cool, if this might be a reverse, can you take a look at TRLA. I also see a SHARK at there. Just don't know how to calculate if SHARK hit the target price. Hope there's a reserve too for TRLA.
whitebluff
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What's the meaning for this SHARK? So, this SHARK has been finished at yesterday? will reverse or will continue drop? thx
KLang
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It's a reversal pattern. If the pattern is correct - price will reverse after hitting the target. There could also be an ending diagonal in play. I don't know Elliot Wave much, but it's called an ending diagonal because it occurs at the END of a trend - in this case a bullish trend. So, it's a bit iffy,