This is a huge pattern with very little risk to go LONG for a huge trend change.
Basicly we had an ABCD corrective move from 2.50.
ABCD is corrective.
We have a trendline backtest.
We also see a huge inverted head and sholder.
Add to that recent dollar weakness.
And this has the making of an extremely high ...
This stock has been hammered quit some bit as it has reached a level
for exhaustion = 161.8 extended move on a weekly basis.
Weekly candles past twp weeks giving power to a reversal
confirmation, being a green candle for the week ending Friday the 5th
of february. Mind we could see the opposite happening to ...