AB=CD Rising wedge

2020年12月2日 Bearish Until Bottom is Found

This pattern consists of 3 legs with the impulse leg/AB going up..D is the result of an ABC bullish correction target but when it reaches D it can turn on you..This is a measured move UP..


Dunno//just an observation

This pattern is bullish when the first leg is a down leg...ie AB is an impulse leg down..this is a measured move down...

Strong stock so time will tell..

I am having issues with drawing trends using the app here..but the AB leg should be a tad shorter