Cup and Handle Rising wedge

Aktualisiert
CAT is falling from a bearish rising wedge which possibly interfered with C&H targets
Now under long entry level of 150.65
Handle Low is 135.3 and can be a source of support
Monthly candle indicates this one will pull back a bit more.
Not a recommendation
Anmerkung
a strong stock falls an average of 35 to 38% from a rising wedge. A stock can fall much further though
Chart Patterns

Haftungsausschluss