Rising Wedge and Rectangle Pattern Kay SCC!

August 18, 2024 /

Let us do some chart patterns kay SCC today.

Bago yun ay kamustahan muna tayo.

How was your week?

Our students made a killing sa market this week.

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Let us talk about SCC.

Nagpakita ng Rising Wedge pattern si SCC.

Rising Wedge is bearish reversal pattern.

After magpakita ng Rising Wedge pattern ay bumagsak nga ang price ni SCC.

Ngayon naman ay nagform ng RECTANGLE pattern ang prices ni SCC.

Ang rectangle pattern ay continuation pattern. Sa case ni SCC ay bullish rectangle pattern ang nabuo since galing sa baba ang price at umaakyat.

Will the price of SCC go up more?

Si market ang makakasagot niyan. Let’s see what happens with this stock.

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