UnknownUnicorn3007875
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since May 23, 2018
acb
cannabis
chartpattern
flagpattern
headandshoulders
pennant
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$JAGX looking very tasty. Classic pole with flag. Looking for breakout at any time after consolidation period. Note negative momentum decrease on MACD, look for seller exhaustion to queue breakout to upside. RSI also in uptrend. Where will it stop? Look @ price history and determine profit-taking areas.
4
ACB
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60Short
Looking @ the hourly charts we see a textbook H&S formation. We've already broken through support at the neckline. We could be looking to previous support around $11. The bullish perspective would note the MACD reversal, signal over EMA, with the uptrend on RSI. Significant volume would be needed for trend reversal. Also look for shrinking negative momentum on...
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