


TaishisDD
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since Jul 5, 2021
chartpattern
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This looks intriguing as premium for CSPs are very high considering most expectations are upbeat.
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NASDAQ:BIIB is forming a Bearish Gartley pattern after attempting a breakout. Gartly patterns are one of the most common harmonic patterns. Typically the stop-loss on these patterns can be set at the first leg of the pattern around the $270 mark.
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I've never traded the Indian markets but I stumbled across this which looks to be an inverse head and shoulders with a lightning bolt pattern developing. Although I don't have a whole lot of hope for the company in the medium term, strong bullish signs in the short term.
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