An intraday high potential, Back Tested Sort 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.
Oshcosh Truck Company took a nosedive under the 45.06 mark it reached in August 2013. The recent upward trend may be seen as correction against the level the gauge had broken through. Investors may open short positions from this level with the 40 target, the price of previous dips below the 42.06 mark. A Harami candlestick pattern and the double top have shaped up...