CosmicDust

XIV 120 minutes - breakout or breakdown - 10/17/2015

NASDAQ:XIV   None
xiv
The rising wedge is about to exhaust so it has to break out or break down. Right now it looks like a inverse head and shoulders, so a breakout can confirm the pattern. But it can also fail.
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.