New to trading and still learning to properly chart, but spotted this inverted cup & handle that looks like it may play out soon for COMP.
Thinking of shorting the break down at $146, then measured move down to $110-120.
Am I think about this correctly?
Thanks. :)
Thinking of shorting the break down at $146, then measured move down to $110-120.
Am I think about this correctly?
Thanks. :)
Bình luận:
Is this also an inverse head and shoulders pointing down as well?
Bình luận:
We broke the 146 support and will have to see if we recover that ground. I'm seeing two inverted head and shoulders, now. The most recent with a measured move to the S3 support at 135, and a larger macro inverted head and shoulders with a measured move down to $75