$HOLX
Testing Correction Pattern theory: Bull Pennant with support. In theory this is ready to bounce – fib trend would suggest 1.27 is at $75.
“I’m not an expert but I have watched a lot of youtube videos.”
HOLX
Testing Correction Pattern theory: Bull Pennant with support. In theory this is ready to bounce – fib trend would suggest 1.27 is at $75.
“I’m not an expert but I have watched a lot of youtube videos.”
HOLX
Comment:
Breaking the 200SMA will be key. If it resists, I think the chart will fail.
Comment:
Held the bottom trend line - higher lows, extended-tighter consolidation... I think that tends to mean a larger gap up. I switched to the EMA chart today instead of the SMA and it broke the 50 day EMA and road the top side of the 20 day... I think the Chart is still in play. Let's see how it goes!
Trade closed: target reached:
This may continue to go up more but taking some profit now.