Nen-Star
Aktualisiert
The Nen-Star pattern is Bearish.
Crooked W.
Valley 2 is lower than valley 1.
Last leg appears to have landed at the 1.272.
It looks like MSI was in the midst of forming a Bull Flag and the CPI report may have interrupted it's completion.
Watching for now.
Price is still above the .236 fib level of the long trend up.
Strong stock.
No recommendation.
ATH 273.65
Crooked W.
Valley 2 is lower than valley 1.
Last leg appears to have landed at the 1.272.
It looks like MSI was in the midst of forming a Bull Flag and the CPI report may have interrupted it's completion.
Watching for now.
Price is still above the .236 fib level of the long trend up.
Strong stock.
No recommendation.
ATH 273.65
Anmerkung
This pattern is measured from point X to point C like the Cypher pattern. Both have valley 2 lower than valley 1 in the bearish versions, peak 2 will be higher than peak 1 in the bullish versions (flipped over). These 2 patterns are labeled XABCD.The Shark is measured using the OX leg which is leg 1 and is labeled OXABC.
This pattern also has valley 2 lower than valley 1 in the bullish version and peak 2 higher than peak 1 in the bullish version. The impulse wave, OX, is down in the bearish version and appears like a crooked W as does the Nen-Star and Cypher patterns in their bearish versions.
All 3 patterns are similar in appearance but each have certain fib levels that differentiate them from each other.
Anmerkung
12-29-22FLAG/The pole is down/neutral until broken
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.