WIRE symmetrical triangle

2023년 9월 14일

This is not a trade. I'm just flagging the fact that there's a symmetric triangle in play for WIRE.

I've been long the stock for well over a year because I like its fundamentals. Given these fundamentals I'd be surprised to see this triangle to break to the downside, but until it breaks in either direction there's no setup to go long or short. This might just be a good name to keep on your watchlist.

2023년 9월 18일

노트

The upper edge of the triangle is now getting challenged. A long entry would be at 182.19 for me.

2023년 9월 28일

액티브 트레이드

The $NASDAQ:WIRE symmetric trangle pattern is now active. My first target is at 201.70.

2023년 11월 15일

거래청산: 타겟 닿음

Just for housekeeping's sake: Yesterday's jolt pushed WIRE past the target price and there's more follow-through today. The swing trade is complete. I will remain long as an investment.