Pennant Pattern with a large potential upside ~$110

3 ก.พ. 2021

I love the pennant pattern and if this is true to the rule of thumb then there's ~$40 of upside to this. Rule of thumb says to tack on the increase that created the pole for the pennant to the price when exiting the pennant. That put's it at 110/share.

See the definition at investopedia.com just search for "Pennant"

17 ก.พ. 2021

ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน

I hit my stop at $58 - this looks like it could drop to $52 level and I'll re-evaluate an entry point then