This may be an Inverted Head and Shoulders setting itself up.
Much of the market consolidated or took a downturn today, but with their new line of (Bob) Marly + CBD infused drinks I think we still have a long term winner. If your more of a daily trader you might just move your Stop Loss to the new support level and keep marching along unless we see more bearish signals.
Please help me understand. Bitcoin is a store of value because why?
Pick your breakout, Bull Flag or Descending Wedge Reversal?
I knew I shouda, and I coulda, but it's not too late!
This is just one of those up and coming new companies you don't wanna look back at and say I should have jumped on that when I had the chance. Do some research and I'll bet you'll agree!
Aquantia is in a beautiful Equilibrium Pattern with .07% to .09% swings, and is setting up only to go higher. It's perfect for a daily trade setup and is equally a 100% buy for a short to mid term investment.
When the daily closes above resistance, or the old resistance becomes the new support, buy the breakout.
Descending Triangle setting itself up on top of a falling wedge; don't get caught by surprise!
Place Stop Loss just below breakout price and once the first target is hit move the Stop Loss just below it. Targets are set at support/resistance levels rather than by measuring the distance between the high and low of the pattern and longing the distance from the breakout.