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Juliac
May 2, 2022 3:43 PM

TOL - Bear Flag in the making Short

Toll Brothers, Inc.NYSE

Description

Bear Flag is a continuation pattern. The current trend is down and is now consolidating in a bear flag. Short if and as it breaks at least $0.50 below the bear flag.

trail stops down diligently as bear markets are prone to sharp bear rallies.

Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Cheers.
Comments
Juliac
it was tougher to short this than I expected but yes, looks like it may still come to fruition.
billydior
looks like this could be about to come into fruition if they guide down
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