No rising wedges Monthly candle indicates a pull back possibly. SFIX is not to long entry level at this time
I would be long when stock finds some peace as it looks to be struggling with holding on to highs right now. A lot of tall upper wicks hitting R and bouncing back down.
SFIX looks as if it is having issues with holding on to price after hitting break out level/or long entry level. Does not look as if it wants to go below handle low either
NV is increasing
All time high is 52.44
A lot of volume 4 days ago
Short interest seems to stay on the high side for SFIX in the past and is on the high side now
R overhead
Not a recommendation
I would be long when stock finds some peace as it looks to be struggling with holding on to highs right now. A lot of tall upper wicks hitting R and bouncing back down.
SFIX looks as if it is having issues with holding on to price after hitting break out level/or long entry level. Does not look as if it wants to go below handle low either
NV is increasing
All time high is 52.44
A lot of volume 4 days ago
Short interest seems to stay on the high side for SFIX in the past and is on the high side now
R overhead
Not a recommendation
Note
Possible stop under 25 or mid cup
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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.