Double Bottom/Over-extended?
ATH 369.5.
The double bottom formed a little while back.
Fairly steep climb and has surpassed the 1.272 on it's 4th leg up.
This really looks like it will reverse soon but no telling!
DIA is at a resistance trendline and it remains to be seen if it will be broken.
Possibly bit overextended at this level but time will tell.
No recommendation.
The double bottom formed a little while back.
Fairly steep climb and has surpassed the 1.272 on it's 4th leg up.
This really looks like it will reverse soon but no telling!
DIA is at a resistance trendline and it remains to be seen if it will be broken.
Possibly bit overextended at this level but time will tell.
No recommendation.
Komentarz:
Rising wedge on daily and hourly. This pattern is not valid until the bottom trendline is broken and can stay bullish for quite a while.
Komentarz: