Parallel Channel in WockPharma

Sep 23, 2020

The hourly candlestick chart of WockPharma forms a parallel channel, which creates a suitable long position opportunity with a 30% expected return and a Return-to-Risk ratio of 3. The RSI also shows a value of 29.

Sep 29, 2020

Note

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Apr 14, 2021

Trade closed manually

The channel pattern is no longer being followed by the stock.