Sentences with phrase «of falling wedge pattern»
# 1 Falling Wedge Support: ABT's daily chart shows that the stock has currently taken support at the bottom of a falling wedge pattern.
http://tradesoftheday.com/
The stock has historically taken support near the bottom of falling wedge pattern before moving higher again.
Not exact matches
If the «falling wedge» pattern is projected forward then the intersection point of the wedge is near 112.
This reversal follows the mechanics of the rising or falling wedge patterns seen on many price charts.
In other words, the price is likely to reverse in the opposite direction of the falling or rising trend if the price breaks through the wedge pattern.
Technically, much like Ethereum, NEO too is in the proces of making a falling wedge pattern which would give fresh momentum to the bulls after the breakout.
NEO / USD is edging back towards a falling wedge pattern on the daily time frame, which the price broke out of on Monday when the market was in retracement mode.
Technically, BCH / USD is moving within a falling wedge on the 4 - hour time frame, the price failed to firmly break back above $ 1000 level, respecting the above trend line as part of the mentioned chart pattern.
The bullish daily RSI pattern and XEM's 8 percent rise indicate a temporary bottom has been made at $ 0.271848, and the cryptocurrency will likely witness an upside break of the falling wedge.