Earnings after market close 11-3.
Short percent a bit over 8%.
Price was outside of top band but now falling back inside. Price may pull closer to the 50 SMA before earnings but no way to know for sue I suppose.
Support at Mid cup (MC) and HL (Handle low). Pocket pivot beneath HL.
Cup depth is 98.06. Targets are calculated using cup depth and fib levels, then added to long entry level. Throwback noted.
A healthy cup has the handle low above mid cup.
No recommendation.
Pattern valid at long entry level or above. Any pattern can fail.
Short percent a bit over 8%.
Price was outside of top band but now falling back inside. Price may pull closer to the 50 SMA before earnings but no way to know for sue I suppose.
Support at Mid cup (MC) and HL (Handle low). Pocket pivot beneath HL.
Cup depth is 98.06. Targets are calculated using cup depth and fib levels, then added to long entry level. Throwback noted.
A healthy cup has the handle low above mid cup.
No recommendation.
Pattern valid at long entry level or above. Any pattern can fail.
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