Quick Update on FSLY! It has been exhausted for a while.
As of now, it's looking like a nice set up right now.
A clear Cup and Handle has formed.
If you take a look at the volume, every time the price drops, people tend to buy the dips.
Should be reaching to 75 soon.
If it can make it to 77, then it has a lot of potential to fill in the gaps from previous highs.
This is not financial advise, only for educational purposes.
As of now, it's looking like a nice set up right now.
A clear Cup and Handle has formed.
If you take a look at the volume, every time the price drops, people tend to buy the dips.
Should be reaching to 75 soon.
If it can make it to 77, then it has a lot of potential to fill in the gaps from previous highs.
This is not financial advise, only for educational purposes.
Comment:
I am a beginner in chart analysis and pattern trading. Would love to hear you guy's thoughts and advices! :) PEACE
Trade closed: target reached:
Bullish Pennant formed!
Buy signals are appearing as well.
Buy signals are appearing as well.
Comment:
It's looking like it will be following my previous chart.
In my previous chart, I've mentioned the following:
Best case scenario: makes a double bottom (blue line).
Worst case scenario: makes a inverted cup & handle (green arch).
Short term wise, this is a great for shorting.
Again, not financial advise, for educational purposes only.
In my previous chart, I've mentioned the following:
Best case scenario: makes a double bottom (blue line).
Worst case scenario: makes a inverted cup & handle (green arch).
Short term wise, this is a great for shorting.
Again, not financial advise, for educational purposes only.