AMEX:SPY   SPDR S&P 500
196 9 4
Looks a bit like a Diamond here
What does a diamond formation project?
Reply
Jraider Jraider
Sorry...I posted before reading the comments. I am good.
Reply
A Diamond can break up or down. It can be a Diamond Top (price breaks down) or a continuation pattern - meaning price leaves the Diamond in the same direction it entered the Diamond - in this case - breaking up.

Ghostrider is right, though. There is nothing mysterious about this pattern, it's very common can easily be "googled" for details.
Reply
thanks
Reply
Looks like start of a downtrend now
Reply
what does it suppose to mean?
Reply
Ghostrider7 zhou.zhaofan
With all do respect zhou K has been kind enough to do the work in posting the pattern. Maybe you can take the initiative and do some research on your own to see what it means...
Reply
YipYip Ghostrider7
stop being so negative .. I dont know what a diamond is TAK does..,

WHats a diamond ? :D

Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out