MNK - Ascending Triangle
My earlier call was a bust and we saw MNK bounce nicely off the .382 FIB and maintain the ascending triangle pattern.
I expect a pullback from today's gains, unlikely to bounce in the trend line, will set my entry and I think we will test 3.90's before earnings.
Ascending triangles can form a reversal pattern at the end of a downtrend, but they are typically continuation patterns.
I expect a pullback from today's gains, unlikely to bounce in the trend line, will set my entry and I think we will test 3.90's before earnings.
Ascending triangles can form a reversal pattern at the end of a downtrend, but they are typically continuation patterns.
Penerbitan berkaitan
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.