#HA(HawaiianHoldings): Breakout Of Structure Into Lows!
Traders,
Price has been trading in an ascending wedge structure. Price recently hit top of the wedge/sideways resistance, and has shown a clear bearish sentiment and a gap down suggesting bearish enthusiasm into the rest of the week. Nice tap at the Fibonacci extension expiry level shows we have hit a level of hidden resistance. I hope you have your own tested trading strategy so that you can trade this move when it starts.
Price has been trading in an ascending wedge structure. Price recently hit top of the wedge/sideways resistance, and has shown a clear bearish sentiment and a gap down suggesting bearish enthusiasm into the rest of the week. Nice tap at the Fibonacci extension expiry level shows we have hit a level of hidden resistance. I hope you have your own tested trading strategy so that you can trade this move when it starts.
