I really like this company. I go in their stores all the time.
But, at least in short to mid term - seems like a H&S pattern forming (?)
see also on chart:
OBVOSC Note
RSI, supportive of above
In the whole macro, mature 7th to 9th inning equity market....I'm bearish for sure.
Long term, I'm bullish on TSCO. They sell stuff people need.
But, at least in short to mid term - seems like a H&S pattern forming (?)
see also on chart:
OBVOSC Note
RSI, supportive of above
In the whole macro, mature 7th to 9th inning equity market....I'm bearish for sure.
Long term, I'm bullish on TSCO. They sell stuff people need.
Perfect Head and Shoulders pattern, with a huge green spike to complete it (later than I expected, but correct price action to form the pattern), on this crazy market week...crazy, in the spastic dying way.