UIL: Broadening Top
After the last bounce off the bottom trend line in this Broadening Top pattern, a partial rise appeared. Friday confirmed the partial rise and it's heading down from here.
The target price of 47.65 isn't too far away for much of a profit from shorting it but the partial rise is a great indication of the downward trend to get there.
thepatternsite.com/Blog.html
thepatternsite.com/bt.html
The target price of 47.65 isn't too far away for much of a profit from shorting it but the partial rise is a great indication of the downward trend to get there.
thepatternsite.com/Blog.html
thepatternsite.com/bt.html
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