Technical Analysis: Why A Handle Shakeout Signals Less Resistance At Buy Point
Автор: Investor's Business Daily
Загружено: 2019-03-15
Просмотров: 1756
Описание:
When a stock forms a handle on its base, it represents a final shakeout of weak shareholders. That acts as a verification that selling is done and the stock is ready to advance – with less resistance than there may have been if the handle wasn’t there. Fortinet has shaped a cup-with-handle base and is closing in on a buy point.
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