NOT FINANCIAL ADVICE
Obviously, they are seeing tons of attention from different online communities, Chart explains the technical basis for targets and graphically shows a nice crayon chart. I am NOT trading this as I don't personally see the fundamental benefit with the USPS contract not currently being there. If I was trading this I would look for a good 4hr close above the neckline, then try to buy a retest as close to the neckline as possible, then run a tight trailing stop to take the guessing out of when to exit and let the stop me out in profit. I don't recommend taking a trade solely based on any pattern. People who are in WKHS may want to take some profit if WSB is able to get it over $25 in the short term as it will likely correct soon after.
NOT FINANCIAL ADVICE
Obviously, they are seeing tons of attention from different online communities, Chart explains the technical basis for targets and graphically shows a nice crayon chart. I am NOT trading this as I don't personally see the fundamental benefit with the USPS contract not currently being there. If I was trading this I would look for a good 4hr close above the neckline, then try to buy a retest as close to the neckline as possible, then run a tight trailing stop to take the guessing out of when to exit and let the stop me out in profit. I don't recommend taking a trade solely based on any pattern. People who are in WKHS may want to take some profit if WSB is able to get it over $25 in the short term as it will likely correct soon after.
NOT FINANCIAL ADVICE
Note
Make or break level for this idea.Ordre annulé
As stated, the entry would be a strong close above neckline but that didn't happen and starting to go the other way, beyond return for this idea.Publications connexes
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.
Publications connexes
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.