It's SO PRETTY to be a trader #buylowsellhigh
PII is a possible downward neckline H&S formation. On the other side it seems breaking down from a long term pennant formation. So in short it can decline to down to $73 but in long term we are looking as low as $47.33 Please check back for Trade updates. (Note: Trade update is little delayed here.)
Polaris range-bound and finding support at $80. Setup for a nice bounce back to $85+ in the near term leading up to ER.
Appears the other day was a bearish exhaustion gap. Possible inverted head and shoulders. 100 SMA is target 1. We would trail the stop from there or just hit and move on.
Lost .5 R on LDOS. GREAT risk mitigation. This has an amazing gap on the daily and nice bearish volume. Looks solid on the 5 min chart. The longer it trades sideways, the better. R:R is great on the daily too.
Polaris is a short on bearish shark (blue). Will PA reach and break the TL (blue) for even a larger drop into bullish bat completion?