AMEX:SPY   SPDR S&P 500 ETF
196 9 3
Looks a bit like a Diamond here
zhou.zhaofan
2 years ago
what does it suppose to mean?
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Ghostrider7 zhou.zhaofan
2 years ago
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...
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YipYip PRO Ghostrider7
2 years ago
stop being so negative .. I dont know what a diamond is TAK does..,

WHats a diamond ? :D

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laurelweiner
2 years ago
yep
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PaviAgrawal
2 years ago
Looks like start of a downtrend now
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KLang PRO
2 years ago
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.
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zhou.zhaofan KLang
2 years ago
thanks
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Jraider
2 years ago
What does a diamond formation project?
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Jraider Jraider
2 years ago
Sorry...I posted before reading the comments. I am good.
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