Examples of Parabolic runs - McDonald's and Pepsi
Mcdonalds is on a Logarithmic chart while Pepsi is on a normal chart
As you can see on the Log chart McDonalds shows consistent growth, it is in a very bullish state and will likely stay this way for a long time
The parabolic move is more evident on Pepsi (non log) showing the parabolic curve
I see these patterns across many large cap stocks, it is hard to get creative on them as they only have one clear uptrend to plot.
Regardless it is a very bullish state and a great buy.
The glitter indicator shows the green periods of growth massively outweigh the downside periods.
Mcdonalds is on a Logarithmic chart while Pepsi is on a normal chart
As you can see on the Log chart McDonalds shows consistent growth, it is in a very bullish state and will likely stay this way for a long time
The parabolic move is more evident on Pepsi (non log) showing the parabolic curve
I see these patterns across many large cap stocks, it is hard to get creative on them as they only have one clear uptrend to plot.
Regardless it is a very bullish state and a great buy.
The glitter indicator shows the green periods of growth massively outweigh the downside periods.
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.
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.