Giant descending wedge
Hi guys,
I am not sure where this stock is headed. Due to sentiment being a strong sell, I think we will fail at a breakout of this wedge line. I think we are going to retrace further before we have another retest for a breakout and trend reversal. If we can hold the blue trend line, things may get interesting. Happy trading,
- Matt
I am not sure where this stock is headed. Due to sentiment being a strong sell, I think we will fail at a breakout of this wedge line. I think we are going to retrace further before we have another retest for a breakout and trend reversal. If we can hold the blue trend line, things may get interesting. Happy trading,
- Matt
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.