Penjualan
$PS 5 Month #Rectanle #ChartPattern

Another short I'm tracking for this week is $NASDAQ:PS.
It formed a 5 month rectangle with $16.40 acting as support. The stock broke the 200 MA and been consolidating right below it forming a month long rectangle failing to stage a meaningful bounce from rectangle lower boundary with $18 acting as strong resistance.
A clear close below $16.40 will complete the 5 month rectangle chart pattern and trigger a short entry.
Chart pattern price target added to chart.
It formed a 5 month rectangle with $16.40 acting as support. The stock broke the 200 MA and been consolidating right below it forming a month long rectangle failing to stage a meaningful bounce from rectangle lower boundary with $18 acting as strong resistance.
A clear close below $16.40 will complete the 5 month rectangle chart pattern and trigger a short entry.
Chart pattern price target added to chart.
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.