Sprouts Farmers Market, Inc.
Short
Updated

Sell the breakout - Rising Wedge Sprouts Farmers Market

147
On Sprouts Farmers Marker we see a rising wedge in a downtrend,
breakout can occur upwards or downwards, but in a bearish trend I am looking for more confluence indicators
On a large timeframe I will wait until the candle closes below structure.
The initial target is market below around $17.00

Cheers!
Note
Getting close to that time...
Note
Opened as price broke lower barrier....Holding with a Stop around $25.00
Trade active
Trade closed: target reached
Trade Closed at $17.37

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.