SPHS: Inverted Dead-cat Bounce
I'm posting this one a bit late and wish I would have found it on the first day it jumped because this stock jumped that day on mediocre news. A few days later and similar earnings as last quarter mean this will definitely return to the previous trend line back down sub-$1.
thepatternsite.com/idcb.html
thepatternsite.com/idcb.html
Related publications
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.