SFIX has been showing bullish trends since the stock attempted to challenge the Support / Resistance line on September 18th. From the accompanying Chart, we can see that the stock is showing Inverse Head and Shoulder movements as it gravitates to the Support / Resistance line (Yellow Line). This creates an opportunity to enter a long trade at $30 the stock pushes to break past the Support / Resistance line.
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.