Short
PHB forming rising wedge
PHB has formed a rising wedge, with the market being bearish right now, any attempt to push higher is kind off BULL TRAPs, so, it may bounce a bit and then drop nicely.
NOTE: DYOW, be cautious to place STOP LOSSes and trade your own personality.
NOTE: DYOW, be cautious to place STOP LOSSes and trade your own personality.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.