Hi this is my first post. I'm relatively new to Trading even newer to doing this T/A.
I welcome your comments / feedback as to how I can make this a better chart. I do not hold a position with this stock, when trading at $63 / share a friend had recommend I buy this a few weeks ago. Unfortunately I didn't have capital available to buy.
I am also posting this, in hopes that those who are new to TV and trading can get a more 'basics' idea as to what / how to do a chart for T/A!
Thx
I welcome your comments / feedback as to how I can make this a better chart. I do not hold a position with this stock, when trading at $63 / share a friend had recommend I buy this a few weeks ago. Unfortunately I didn't have capital available to buy.
I am also posting this, in hopes that those who are new to TV and trading can get a more 'basics' idea as to what / how to do a chart for T/A!
Thx
As Channel patterns tend to break down to a 50% retracement or more, so you don't want to be caught up in this.
Suggesting the next level of resistance is at $69.77, which may make a good profit target"