I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 71%
TARGET (EXIT) PRICE = 48.35 USD
BREAKOUT (ENTRY) PRICE = 45.52 USD
DISTANCE TO TARGET PRICE = 6.63%
EMERGED ON = Nov 23, closing price
CONFIRMED ON = Nov 24, closing price
WITH CONFIDENCE LEVEL= 74%
The Symmetrical Triangle Top pattern forms when the...
Hello my friends, EAST WEST BANCORP has been in a bearish fake dynamic with strong buying volume for a long time and pent-up buyers' attempts. In the TIMEFRAME M1 we can see an abortive sellers attempt and it is going to go and break the VWAP. EAST WEST BANCORP goes on its last next low and comes back in a higher price. Great potential to reach the last high point...
An intraday high potential, Back Tested Long Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
In the world of investing happen this. A investor do not know nothing about this company because is a regional bank based in Pasadena, California.
Even me, this is the first time that I listen about (East West Bancorp, Inc.) and I live in other country but in my case, I am not and Investor and I not a Trader.
And for this reason I dot not have a personal bias or...