No rising wedges Monthly candle indicates a pull back possibly. SFIX is not to long entry level at this time
I would be long when stock finds some peace as it looks to be struggling with holding on to highs right now. A lot of tall upper wicks hitting R and bouncing back down.
SFIX looks as if it is having issues with holding on to price after hitting break out level/or long entry level. Does not look as if it wants to go below handle low either
NV is increasing
All time high is 52.44
A lot of volume 4 days ago
Short interest seems to stay on the high side for SFIX in the past and is on the high side now
R overhead
Not a recommendation
I would be long when stock finds some peace as it looks to be struggling with holding on to highs right now. A lot of tall upper wicks hitting R and bouncing back down.
SFIX looks as if it is having issues with holding on to price after hitting break out level/or long entry level. Does not look as if it wants to go below handle low either
NV is increasing
All time high is 52.44
A lot of volume 4 days ago
Short interest seems to stay on the high side for SFIX in the past and is on the high side now
R overhead
Not a recommendation
Comment:
Possible stop under 25 or mid cup