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LZB, big SHORT possible from rising wedge

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La-Z-Boy Incorporated (NYSE:LZB)  
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NYSE:LZB   La-Z-Boy Incorporated
Trend Analysis Technical Indicators Wave Analysis elliotwavecount elliotwavesanalysis camarillpivots short Rising Wedge Bearish Patterns
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trendanalysis indicator waveanalysis elliotwavecount elliotwavesanalysis camarillpivots short risingwedge bearish
Stock Practice #3

Multiple confluences of bear trend -
1. Creating a picture perfect Elliot wave pattern called Impulse Wave Ending Diagonal.
2. Could also be called a rising wedge that will produce a bear trend.
3. Bear divergences occurring in multiple time frames.
4. ATR at mutl-year highs, could help with the breakdown of the rising wedge pattern.

Wait for confirmations for trend-line break.
Komentar:
Target hit
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