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FDN - falling wedge pattern
First Trust DJ Internet Index Fund
Long
FDN - falling wedge pattern
By vf_investment
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Updated
Mar 31, 2023
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Dec 7, 2022
What we can see on the chart is a falling wedge pattern.
The price is still moving inside the pattern, once it breaks above the trendline it can be a good momentum to enter long.
Do not forget to put the stop loss under the wedge .
Possible target area is shown on the chart.
Mar 31, 2023
Trade active
So far so good. Good progress
Chart Patterns
Falling Wedge
Harmonic Patterns
pattern
patternanalysis
patterntrading
stockmarketanalysis
Stocks
stocktrading
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Trend Analysis
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