As Morningstar has been moving down in a Wedge pattern, will we see a double bottom before support comes in? This is a difficult market. You should be in cash waiting for the next swing up. Protect Capital at all costs.
Tag: technical analysis stock screener
This chart pattern analysis of Comcast is illustrating a stock that is in the buyout area, but needs additional volume to push through the congestion area. Even though it appears to be holding up, the overall stock market is still under selling pressure. I would save your capital for a better low risk entry when …