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Re: Prudent Capitalist post# 103517

Tuesday, 10/24/2023 3:16:48 PM

Tuesday, October 24, 2023 3:16:48 PM

Not that anyone here is trading, but…

When trading the three white soldiers pattern, it's important to note that the strong moves higher could create temporary overbought conditions. The relative strength index (RSI), for example, may have moved above 70.0 levels. In some cases, there is a short period of consolidation following the three white soldiers pattern, but the short- and intermediate-term bias remains bullish. The significant move higher could also reach key resistance levels where the stock could experience a period of consolidation before continuing to move higher.

https://stockcharts.com/h-sc/ui?s=NB.TO

https://www.investopedia.com/terms/t/three_white_soldiers.asp

Follow the Technicals, or be Fundamentally too late to the Party.

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