The problem with wedges is that they can test the high and even surpass them but I think the recent sagging same store sales and disappointing guidance will ultimately take this ETF below the 200d (where much of the market seems headed). Time in the market 2 months. Add on a test higher. Cover stop to your tolerance given the setup.
Read More, Comment and Share......
You need to be a member of StockBuz to add comments!
You can't use this site and its products or services without agreeing to the terms and conditions and privacy policy.
Pardon our dust as this page is undergoing a facelift. Please report any difficulties you may experience during this phase. Contact us
You're welcome to add new charts and photos using the "Add" button found at the top/right.
Comments