Aktualisiert
Class II Bearish Shark Butterfly Pattern
A really bad Bearish Shark Butterfly Pattern. I would estimate neutral or bearish in position off of point "D". Probably until mid-afternoon tomorrow, Friday 04/15/16. At best, $6.90 before uptrend reversal. At worst, continues uptrend from "C" into $7.70, which would be awesome if I had the balls to go deep and buy to enter into this position. Could be another day for a 25% mover. Very dangerous.
Point "C" is an expanding wedge, hence the uncertainty. Nevertheless it doesn't matter since my cash account cannot short this outlook and I will only be watching it at a distance.
I also forgot to mention that if you look closely at 04/14/16 @ $7.40 there appears to be a subtle Double Top, and the indicators before that shows the Stochastic RSI way above 15, 80.00 signaling perhaps a late bearish pullback.
Point "C" is an expanding wedge, hence the uncertainty. Nevertheless it doesn't matter since my cash account cannot short this outlook and I will only be watching it at a distance.
I also forgot to mention that if you look closely at 04/14/16 @ $7.40 there appears to be a subtle Double Top, and the indicators before that shows the Stochastic RSI way above 15, 80.00 signaling perhaps a late bearish pullback.
Anmerkung
So far so good. Tracking dashed blue arrow. $7.03
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.