Long when fall is complete
Substantial pullback involving a strong stock. Usually not volatile. Hit first target and major pull back/sell off occurred.
Possible support at top trend line of ascending triangle or at handle low. Has fallen through support at recent gap up
Holx was also in a rising wedge before break out from A Triangle.
Those rising wedges seem to always catch up with you eventually )o: Long when fall is complete. Rising wedges are usually bearish at the top and can indicate a pull back or a reversal. I do not like them. When selling starts there is a lack of buyers; Too many buyers inside the rising wedge and a lack of healthy pull backs can cause a rising wedge. Boils down to supply and demand
Just an observation as I have owned this for a long time.
Substantial pullback involving a strong stock. Usually not volatile. Hit first target and major pull back/sell off occurred.
Possible support at top trend line of ascending triangle or at handle low. Has fallen through support at recent gap up
Holx was also in a rising wedge before break out from A Triangle.
Those rising wedges seem to always catch up with you eventually )o: Long when fall is complete. Rising wedges are usually bearish at the top and can indicate a pull back or a reversal. I do not like them. When selling starts there is a lack of buyers; Too many buyers inside the rising wedge and a lack of healthy pull backs can cause a rising wedge. Boils down to supply and demand
Just an observation as I have owned this for a long time.
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.