PX is the most complicated chart to analyzed. It can be cup and handle, it can be inverse H&S, but with two heads. :-) or simply a bullish pennant. It was once an emotional stock a year ago, so trade with cautioned.
But according to Investopedia, I quote "Trend: To qualify as a continuation pattern, a prior trend should exist. Ideally, the trend should be a few months old and not too mature."
No comments:
Post a Comment