This is a long setup . See the resistance point now being re-tested. Clear target price above.
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This is a short setup.
+ Please review the past earnings announcements which have been negative surprises, less than expected
+ Triangle pattern, rising wedge/triangle which will serve as the power reserve for this impulsive down move
+ A strong downward sloping trend line, which if broken and confirmed prices above, then we have a clear decision to exit the...
Does a picture of impulsive movement make sense to have begin soon? I believe in most cases it is possible for a breakout below of the rising wedge pattern. From there is is an "if then" situation of what happens at all of the horizontal lines if prices continues lower . Happy 2019-2020 Trading Season: Sept 2019 - May 2020