There is a Bullish Pennant (not pendant) forming for INTV.
According to Hind, the Bullish Pennant Pattern is the worst reliable pattern, with a success percentage of 54.87%. We should wait for confirmation next week before getting in.
This is not trading advice. I am new to this. Please do not listen to me.
According to Hind, the Bullish Pennant Pattern is the worst reliable pattern, with a success percentage of 54.87%. We should wait for confirmation next week before getting in.
This is not trading advice. I am new to this. Please do not listen to me.
Kommentar:
INTV falling below resistance on the 4-hour. If selling pressure does not increase soon, it will fail to break out and fall badly.