Dycom Industries, Inc.
Long

DY up and out of a 3 weeks tight pattern

86
DY appeared on this weekends Ready List after forming a 3 weeks tight pattern that occurred shortly after breaking out from a short stroke pattern highlighted at the end of May.

Here is an excerpt of the notes on DY from this weekend’s Ready List:

PATTERN: 3 weeks tight
PIVOTs(s): 60.82
SUPPORT: 58.45, 10ema, 21ema
NOTES: DY recently formed and broke out of a short stroke pattern. Since then it has continued to trade sideways finding support along its 10ema.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.