- Rank: 67
- Followers: 9
- Votes: 9
- Years Member: 16
- Last Update: 17 September 2020, 20:53
All chart patterns are not created equally and when found rounding bottoms, bases etc are at all different stages of development. Some stocks may take weeks, months and others could be ready when first found. Patience is key. Never follow a trade blind. Have your own plan in place. It is your hard earned money at risk.
6/5 Doji close on the uptrendline possible reversal we shall see. Indicators are a mixed bag to mostly down.
6/12 Weekly gain +3.81 High 66.69
6/19 Weekly Gain + 4.35 held the up trendline, indicators turning around, still above the green cloud, and the 50DMA, 200. If correct now the number one top holding of the XBI and also added into the new ETF GERM, second top holding.
6/26 Weekly decline -5.07 low 58.51 closes below the uptrend line what a difference a week makes.
7/3 Weekly decline -2.71 Low 55.81 touched the broke uptrend line and backed off.
7/13 A break of resistance with massive volume +9.17
7/17 Weekly Gain +32.24 High 95.21 RSI at overbought levels
7/24 Weekly Decline -21.64 Low 66.54
7/31 Weekly Gain + 9.89 High 95.21 Earnings 8/5 before market
8/14 Weekly Decline -4.95 Low 67.86 Lets see if support at 67.50 holds
8/28 Weekly Gain +1.04 High 71.64 a confused mover and a mess of a chart.
9/8 Taken to the woodshed today -8.26 close 54. 34
9/4/20 Symmetrical Triangle
9/8/20 Nice quick trade opportunity the 8.05 level mini base that rallied up to 8.22 before falling apart again. -.24 close.
9/11/20 Weekly Decline -.76 low 7.48 on the verge of breaking down.
9/15/20 Nearly fell apart to a break out today but did so with below Avg Volume, Accum/Dist Line still down trending.
9/11/20 base pattern
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