descending wedge Long

NASDAQ:GSKY1D

Description

⋅ Jul 16, 2020 3:21 AM

with limited downside at $4 and quite close to a completion of the descending wedge pattern

Comment

⋅ Sep 13, 2020 10:54 PM

I think this will base between $3-4 .... we shall see .... that would set up a nice double bottom and bullish crab.

Trend Analysis Chart Patterns

Comments

WizardOzSing

⋅ Sep 12, 2020 4:42 AM

Ok.... let's continue the conversation now that it is below $4.... and we might have completed the bearish wedge... Are we there yet?

ptihiy

⋅ Aug 18, 2020 9:00 AM

Lol. Descending wedge is actually bearish wedge and has more possibility to break down. Classic example is NG with its descending wedge twards 2.1 last year.. After it was finished, red flag was drawn and NG plummeted down.