Price is still well above the .382 and also above the .236 of the long trend up.
Looking a bit toppy.
W pattern that has possibly terminated at the 1.113. Valley 2 is lower than valley 1. Looks and smells like a Bearish Shark.
(I have never smelled a shark but you know what I mean)
Be safe/No recommendation.
I have not seen much of anything in this market that looks safe right now. For some reason it does feel like some of the stocks at key levels of support post pull back or close to bottoms may have some upside, even if just temporarily.
This is too close to the top although I do like the stock.
***There are Rising Wedges well below current price.
Pennant like structure on the end of a long pole. This pattern is neutral until a trendline is broken. Watching for now.
ATH 361.25/Yearly low is 249.78/3 year low 102.85/Earnings 10-25 AMC/Short interest is less than 2%
Looking a bit toppy.
W pattern that has possibly terminated at the 1.113. Valley 2 is lower than valley 1. Looks and smells like a Bearish Shark.
(I have never smelled a shark but you know what I mean)
Be safe/No recommendation.
I have not seen much of anything in this market that looks safe right now. For some reason it does feel like some of the stocks at key levels of support post pull back or close to bottoms may have some upside, even if just temporarily.
This is too close to the top although I do like the stock.
***There are Rising Wedges well below current price.
Pennant like structure on the end of a long pole. This pattern is neutral until a trendline is broken. Watching for now.
ATH 361.25/Yearly low is 249.78/3 year low 102.85/Earnings 10-25 AMC/Short interest is less than 2%
Comment:
No pocket pivots at support line yet
Comment:
Folks do not care if it is Healthcare or not when their wallet is hurting. They will sell. Stocks above the .236 or even the .382 of the trend up are suspect in my opinion. But we all have one (o:
Comment:
"We don’t even ask happiness, just a little less pain.”