Price Target: B - D line (Approx $73)
Stop: Below the A - C - E line (Approx $42)
"Key aspects of the Broadening Bottom Pattern:
Points A, C and E should all be successively lower. That is to say, point C should be lower than point A, and point E should be lower than point C.
Point D should be higher than point B.
After the final decline (marked by point E) look for price to rise significantly.
It may be a good idea to wait for price to rise below resistance created by the BD Line for conformation."
tradingview.com/wiki/Broadening_Tops_and_Bottoms
An Example of Broadening Bottom Pattern on AMD graph:
thepatternsite.com/images/BroadeningGood.JPG
Stop: Below the A - C - E line (Approx $42)
"Key aspects of the Broadening Bottom Pattern:
Points A, C and E should all be successively lower. That is to say, point C should be lower than point A, and point E should be lower than point C.
Point D should be higher than point B.
After the final decline (marked by point E) look for price to rise significantly.
It may be a good idea to wait for price to rise below resistance created by the BD Line for conformation."
tradingview.com/wiki/Broadening_Tops_and_Bottoms
An Example of Broadening Bottom Pattern on AMD graph:
thepatternsite.com/images/BroadeningGood.JPG
Nota
By the way, it will be hard to pass the resistance line at $75. We can see another decline from there. $55 (Target A) can be the next low after the bounce. I pointed it as the Target G, on the updated screenshot.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.