CTXS: Island Reversal
CTXS has had a series of Long Islands with the last one being a Island Reversal. Unfortunately, yesterday's bust downward already meets the measure rule, preventing you from any profits from the downward breakout on that Island Reversal. However, there is a 65% chance for a pullback to occur, which also could fit it into the Dead-cat Bounce category. Wait at least another day to see what direction it heads. Don't buy until you see it making a pull back upwards.
thepatternsite.com/islandrev.html
thepatternsite.com/longisland.html
thepatternsite.com/dcb.html
thepatternsite.com/islandrev.html
thepatternsite.com/longisland.html
thepatternsite.com/dcb.html
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