Target is D. Possible stop under C.
Earnings 10-28. I am not sure if it is BMO or AMC.
The 20 (blue) has crossed down through the 50 (orange) and this pattern is a pull back pattern. The 20 is sloping up as is the 200 (red). The 50 looks a bit droopy right now. Moving averages are lagging indicators. Price is under the 50 SMA and some would rather see price above the 50 before entering. We are all different.
If price goes below C by too much it is not an ABC bullish pattern. C needs to be above A for this pattern.
No recommendation
Earnings 10-28. I am not sure if it is BMO or AMC.
The 20 (blue) has crossed down through the 50 (orange) and this pattern is a pull back pattern. The 20 is sloping up as is the 200 (red). The 50 looks a bit droopy right now. Moving averages are lagging indicators. Price is under the 50 SMA and some would rather see price above the 50 before entering. We are all different.
If price goes below C by too much it is not an ABC bullish pattern. C needs to be above A for this pattern.
No recommendation