MaryJane
Short

GWPH with bearish FLAG

NASDAQ:GWPH   GW PHARMACEUTICALS PLC
36 1 5
The break of the neckline let the price drop to its trendchannel bottom edge. At this niveau, a consolidation between 110,75 - 116 started. This is the neutral Zone.
GWPH             is forming a bearish flag .
This results in two tradingmarks (yellow arrows) :
Short trigger: 110,5 - TP 121,5 (trendchannels upper edge)
Long trigger: 116,5 - TP 101,5 (target of the flag and the max. target of the bearish head-shoulder-Formation.

Related Ideas

MaryJane
2 years ago
For further Information about the counting have a look @
Introduction into 1-2-3 Trading Pattern
snapshot

Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out