TradingView
tackermann6371
Jul 1, 2021 2:24 AM

NEOG cup and handle Long

Neogen CorporationNASDAQ

Description

I like when a cup has a smaller range and looks more like a cup but this is a strong stock. Deep cup too if it actually is the pattern. Long entry around 48.90. I have noticed in the recent cups that they tend to consolidate for a long time after making a new high. I think it's smart to sit until the 38% target line and see if consolidation occurs.

A lot have been falling from rising wedges.

T1: 58.28
More