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