American Eagle Outfitters formed an adam and eve bottom chart pattern and has now broken through resistance at $12.33 and retested it as support.
The next level it needs to break to the upside is $13.46.
If it can break above that level, then the next resistance is at the $15.49 level which is also the 50% retracement from the highs. That would make for a great short term target.
However, I've marked off resistance above that just incase the move continues to run.
Let's see how it plays out.
The next level it needs to break to the upside is $13.46.
If it can break above that level, then the next resistance is at the $15.49 level which is also the 50% retracement from the highs. That would make for a great short term target.
However, I've marked off resistance above that just incase the move continues to run.
Let's see how it plays out.
İşlem elle kapatılmış
Decided to get out. I just don't like the overall look of the marketNot
Welp there's the move, looks like a good profit taking level at $16.86 resistance area.Not
There's the top
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.