CENTRAL GARDEN & PET COMPANY IS FORMING A CUP & HANDLE- LONG
CENT IS DEVELOPING A CUP & HANDLE W/ LONG IMPLICATIONS. IN ADDITION, PRICE IS ABOVE OF SMA 50 AND THERE IS A POSITIVE DIVERGENCE WITH THE INDICATORS.
ENTER WHEN PRICE BREAKS UP AT 39.31 WITH AN INITIAL TARGET OF 42.29, WHICH HAPPEN TO BE 1.618% EXTENSION OF FIBONACCI.
I BELIEVE THIS COULD BE AN INITIAL POINT OF MUCH LARGER TREND.
THIS PATTERN IS FOR EDUCATIONAL PURPOSES.
GOOD LUCK!!!!
https://www.tradingview.com/chart/U22Zlu0v/
ENTER WHEN PRICE BREAKS UP AT 39.31 WITH AN INITIAL TARGET OF 42.29, WHICH HAPPEN TO BE 1.618% EXTENSION OF FIBONACCI.
I BELIEVE THIS COULD BE AN INITIAL POINT OF MUCH LARGER TREND.
THIS PATTERN IS FOR EDUCATIONAL PURPOSES.
GOOD LUCK!!!!
https://www.tradingview.com/chart/U22Zlu0v/
Note
TARGET ACHIEVED
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.