HP reversed off its resistance at 52.38 where it could potentially drop further to 49.01. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Pay it forward trade.. A great example of an HPS trade for next week. The lane divergence combined with the flag looks great. The only issue I see is that it might not give us the entry a bit lower
Another picture perfect chart that was sent last week. Monday I will be focused on DPS short but better yet VZ flag long.
Best Bet for next week: Looking for the Lane Divergence to hold this stock above recent lows and mapped out a HPS with a tight stop. Remember the targets are the first projected areas of interest
The stop is adjustable, pattern great and another 200 ema break channel bounce
Quality Name first test of the 200 ema