Up from a Rectangle/Deep Dive Down In to the Rectangle
Diving shadows on a candle may indicate trouble ahead. Diving Dojis and diving candle shadows can represent desperation.
So far in my study on the divers, it is not good but have noted it is not an immediate negative response.
This one went deep water diving looking for support and found it for the time being. Buyers came in and saved the day.
For how long? That remains to be seen.
I just have noted that when shadows and Dojis go diving, things can go bleak a bit later on, not usually immediately but I am still studying the divers.
Perhaps if a stock is still at it's strongest, it does not have to dive to find support? Dunno and still working on this phenomena but so far it has been an ominous signal later on.
There are rising wedges below price.
Price broke up from 2 rectangles. Ascending triangle noted.
VRTX does appear to be finding it's top but who knows.
No recommendation.
When a security starts deep water diving looking for buyers/support, it can spell trouble.
So far in my study on the divers, it is not good but have noted it is not an immediate negative response.
This one went deep water diving looking for support and found it for the time being. Buyers came in and saved the day.
For how long? That remains to be seen.
I just have noted that when shadows and Dojis go diving, things can go bleak a bit later on, not usually immediately but I am still studying the divers.
Perhaps if a stock is still at it's strongest, it does not have to dive to find support? Dunno and still working on this phenomena but so far it has been an ominous signal later on.
There are rising wedges below price.
Price broke up from 2 rectangles. Ascending triangle noted.
VRTX does appear to be finding it's top but who knows.
No recommendation.
When a security starts deep water diving looking for buyers/support, it can spell trouble.
Comment:
I rode this one for a long time. I posted it on "Bottom Fishing" a long time ago and this has been a lucrative trade. I am out though and wish those who remain the best of luck!
Comment:
I guess that is just the way the story goes
Kinda makes you scratch your head and think...hmmmm