Triangle within a triangle (Bearish Pattern)Price ahead of the earning skyrocketed today, and it scared recent short sellers but will it last is the question? There were two bearish signals lately both bearish triangle but today's price action seems nullifying both of them. Trading is a tough business, and u need to do more than viewing chart. Recent long swing upside achieved its target, the bearish harami failed but for scalp trading proved to be Strong signal (1-5 days) the large bearish triangle may finally prove right. The stdev stands as of today 1.97 and the stock is up 69% from July last year. Now, no position but may start one at $12 and above. If you like this follow us
