ZIL has pulled back and is in a sharp descending triangle. I would wait to see the breakout of the the top of the triangle resistance and confirm the retest the top line as support before putting in a long position.
This is not Financial Advice. This is simply an idea of chart patten recognition I will be using to compare in the future. Do your own research and practice proper risk management. Good luck to all.
More information of descending triangles:
investopedia.com/terms/d/descendingtriangle.asp
This is not Financial Advice. This is simply an idea of chart patten recognition I will be using to compare in the future. Do your own research and practice proper risk management. Good luck to all.
More information of descending triangles:
investopedia.com/terms/d/descendingtriangle.asp
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.