lauralea

Falling from Rising Wedge

NASDAQ:NBIX   NEUROCRINE BIOSCIENCES INC
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5
May be a good long when descent from rising wedge it complete
There are so many bearish rising wedges on the market but they are mostly in the stocks who have "flown" to the top
Rising wedges are usually bearish . Fun on the ride but not when the consequences have to be paid.
Too much buying without healthy pull backs and those who rode in the wedge for the trip up will eventually fall to some degree

Be safe

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