Aggiornato

The mean. Wedge center line resistance.

When drawing your wedge (pennant flag), notice it points literally to a resistance price.
This is where I would put a limit sell order. Watched tightly.
Nota
Or of course when the stock has a catalyst and is blowing past this line. You then wait for the price to come back to this line and buy at support.
Nota
missed the wick. It did catch the next leg down centerline resistance though.
Trade chiuso: obiettivo raggiunto
Nov 7 a wick reached it.

Declinazione di responsabilità