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Apr 24, 2019 2:30 PM

Divi's Lab has formed Rising Wedge pattern  

DIVI'S LABORATORIENSE

Description

Divi Lab has progressively formed a Rising Wedge pattern on daily candlestick. Apex of rising wedge is at 1771. Rising wedge is a reversal pattern from bullish to bearish. Height at the base of rising wedge is 170pts. According to Bulkowski, rising wedge has culminated into bearish movement in 69% of cases and on average the fall has been 58% to 64%. Thus, minimum 100 points fall can be estimated
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