JO and DBA

    Posted by matt on 3rd of Nov 2020 at 09:40 am

    JO - Chart Link- I added the bullish labeling, bullish view is wave e is in, stop would go there

    DBA - Chart Link- bounced off the lower channel support, mentioned that was a low risk area to attempt a long yesterday with a tight stop

    Update: JO and DBA

    Posted by matt on 3rd of Nov 2020 at 10:42 am

    JO - Chart Link- notice the rally stalled right at the downtrend line of the wedge, confirming that trendline

    Is JO showing an inverse

    Posted by stsystem on 3rd of Nov 2020 at 11:34 am

    Is JO showing an inverse head and shoulder?

    Weekly chart maybe, which I

    Posted by matt on 3rd of Nov 2020 at 12:37 pm

    Weekly chart maybe, which I discussed a couple weeks ago. Daily no unless the wedge plays out, and the higher low forms a RS. Wedge patterns often morph into Inv HS& pattern

    No, it's showing a falling

    Posted by steve on 3rd of Nov 2020 at 11:41 am

    No, it's showing a falling wedge currently on its daily chart 

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