Those who have early access to my trading ideas have the chance to perform better. Don't you believe it? Check my recently private post:
Road Map for next week earning call! If you have the stock better have a tight stop loss or exit plan! watch the stock closely for the short opportunity, since the market did not respond well to earning reports in the last 2 weeks! Evaluate the possible scenarios:
1- What Is a Triple Top? A triple top is formed by three peaks moving into the same area, with pullbacks in between. A triple top is considered complete, indicating a further price slide, once the price moves below pattern support. A trader exits longs or enters shorts when the triple top completes. If trading the pattern, a stop loss can be placed above resistance (peaks). The estimated downside target for the pattern is the height of the pattern subtracted from the breakout point. investopedia.com/terms/t/tripletop.asp
2-What Are Three Inside Up/Down? Three inside up and three inside down are three-candle reversal patterns that appear on candlestick charts. The pattern requires three candles to form in a specific sequence, showing that the current trend has lost momentum and a move in the other direction might be starting. investopedia.com/terms/t/three-inside-updown.asp
3-Trading value! When prices reach new highs (or no lows) on decreasing volume , watch out; a reversal might be taking shape. The constant decrease in trading value from 9.5 billion to 1.5 billion in the last 4 months. investopedia.com/articles/technical/02/010702.asp