Wolfspeed has created an Inverse Head and Shoulder pattern as of today, and reached the target of my prior chart analysis.
If all bodes as planned and the head plays out, the next target will be $79 +- after some 5% profit taking.
Lets see.
Regards Graham.
If all bodes as planned and the head plays out, the next target will be $79 +- after some 5% profit taking.
Lets see.
Regards Graham.
Note
Looks to be breaking $69Now Targeting $79?
Note
Re-Testing $60 Area.A double test is a positive signal.
Note
Chip Stocks get a negative bias. I'll add around $50.Note
Buying some @ $41Note
Slow topping Up i.e Dollar Averaging in. Remains Risky, however long term could be a 200% gainer. Only risk <2?% on your portfolio. Advice.
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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.