RectangleExpected earnings 8-6
I was looking over my stocks and charts, and I saw this )o: Does not mean it is gonna crash, It can go either way. I just do not like the "Stuck in the Middle With You" song
Rectangle Boundaries are 126.8 and 146.6
If it breaks up..under mid channel is stop which is 136.75ish
FTNT has fallen out of it's rising wedge a few weeks ago. I am not sure if descent is complete. I do not like that GAP either. But I do own this one. When I entered the rectangle had not formed. Patterns change!
Could be a good swing trade if you catch her at the bottom and being sure breakdown levels are not hit.
Ftnt is about at mid channel now
Doji on monthly Hammer on weekly
Finally getting over punishing myself for losing money sometimes. Sometimes patterns morph. I think that is a good reason not to own too many. It becomes harder to keep up with the ones you own. I am ashamed when I buy more on a pull back then realize the technicals are just not there to support my decision. This stock changed patterns on me and I did not catch it.
But she could break out..placing a stop on this one though
