These patterns tend to swing back and forth until they break out or break down
At one time FSLY was in almost a parabolic arc pattern (I do not like that term as it seems to screw me everrytime..lol)
Swing trading this pattern can work if you are careful
Gap over price and chances are it will fill...eventually????
Keep an eye on this area as it has gapped wond to the same/almost exact place twice
If you go long, short interest is very low, but keep an eye on it maybe
They seem to know what they are doing (o: They could be playing this pattern as well
Just an observation
At one time FSLY was in almost a parabolic arc pattern (I do not like that term as it seems to screw me everrytime..lol)
Swing trading this pattern can work if you are careful
Gap over price and chances are it will fill...eventually????
Keep an eye on this area as it has gapped wond to the same/almost exact place twice
If you go long, short interest is very low, but keep an eye on it maybe
They seem to know what they are doing (o: They could be playing this pattern as well
Just an observation
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.