lauralea

Cup and Handle Rising Wedge Earnings Today AMC

NASDAQ:ARWR   Arrowhead Pharmaceuticals, Inc.
ARWR has been traveling in a possible Bearish Narrowing Rising Wedge

This pattern is not valid unless lower trendline is broken and it has not been

I have noticed the rising wedge often bites a security at earnings though..so be careful

And it is possible, to break UP and over the rising wedge. I have noted stocks do not stay there long as a rule. But rules are made to be broken (o:

CRM broke up and out of a RW when it was added to the DOW.

Possible targets if this stock is able to beat this wedge pattern are 94.2 107.2 116

Possible stop below HL ( 59.18) or MC (46.5)

The last pivot low or support level you feel is adequate can also work

Just be safe
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