Also very close to a Bullish Butterfly Pattern..
AKAM was tangled up in a rising wedge during it's stay in the symmetrical triangle. It has fallen from the bearish rising wedge and seems to have recovered. Broke up from the S Triangle pattern. A S Triangle can break either way and is usually a continuation pattern and a period of consolidation.
Earnings are soon and it does not look like they miss much/short is a bit over 6%
The butterfly pattern adheres to FIB levels and this one is slightly shy on B reaching the 0.786 and D reaching the 1.27 mark of the XA leg. Hence, I did not post targets for this pattern.
Most harmonic patterns have an ABCD pattern inside of it.
There is also a bad looking top before the pullback and appears to be a H&S top with C being the RS..
Not a recommendation
AKAM was tangled up in a rising wedge during it's stay in the symmetrical triangle. It has fallen from the bearish rising wedge and seems to have recovered. Broke up from the S Triangle pattern. A S Triangle can break either way and is usually a continuation pattern and a period of consolidation.
Earnings are soon and it does not look like they miss much/short is a bit over 6%
The butterfly pattern adheres to FIB levels and this one is slightly shy on B reaching the 0.786 and D reaching the 1.27 mark of the XA leg. Hence, I did not post targets for this pattern.
Most harmonic patterns have an ABCD pattern inside of it.
There is also a bad looking top before the pullback and appears to be a H&S top with C being the RS..
Not a recommendation
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.