CHD Daily.
5' Wolfe wave potential pattern.
Sits on key support rising Wedge 5/9/13 uptrend_line and rising 200 sma.
Oversold Bounce is possible, from current price within Wedge.
Diagonal Line(potential profit target) not crossing 4 point, but front-run a bit higher on multiple rejections,
convergence with 3 point diagonal and Channel upper bound.
1-4 Line, crossing Channel lower bound potential projection at 57.70.
Vs S&P500 breaking down.
OBV weak, lower horizontal level.
Short order, at breakout at price 65.89
Stop is put bit higher above trend_line to consider a bounce rally to the underbelly of the pattern.
Setup is in place for a specific period of time. Readjusting IF and when price breaks down from Wedge.
Targets :
65.06
61.90
5' Wolfe wave potential pattern.
Sits on key support rising Wedge 5/9/13 uptrend_line and rising 200 sma.
Oversold Bounce is possible, from current price within Wedge.
Diagonal Line(potential profit target) not crossing 4 point, but front-run a bit higher on multiple rejections,
convergence with 3 point diagonal and Channel upper bound.
1-4 Line, crossing Channel lower bound potential projection at 57.70.
Vs S&P500 breaking down.
OBV weak, lower horizontal level.
Short order, at breakout at price 65.89
Stop is put bit higher above trend_line to consider a bounce rally to the underbelly of the pattern.
Setup is in place for a specific period of time. Readjusting IF and when price breaks down from Wedge.
Targets :
65.06
61.90
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.