NV is very high and short interest is very low
Cup and handle patterns are only valid over long entry level
MCD broke from an ascending triangle at 201.80ish
Chart is bullish other than a possible bearish rising wedge.
RWs are often very long term patterns and only valid if price breaks bottom trendline
Some stocks merely dip a candle wick down through trendline and off they go again
Some can fall quite a ways
All patterns have the potential for failure
Not a recommendation
Cup and handle patterns are only valid over long entry level
MCD broke from an ascending triangle at 201.80ish
Chart is bullish other than a possible bearish rising wedge.
RWs are often very long term patterns and only valid if price breaks bottom trendline
Some stocks merely dip a candle wick down through trendline and off they go again
Some can fall quite a ways
All patterns have the potential for failure
Not a recommendation
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.
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.