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Weekly Pattern:Falling Wedge
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- 11/8/2019 -
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Symbol Weekly GFI Oscillators Trend Analysis Ranking Technical Candle Watch 
PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
ADSK 152.961.80%81.3751.55 6 47 Add to Watch List
AMZN 1785.88-0.31%67.6742.68 6 56 3 Add to Watch List
AWK 116.30-5.28%25.7432.59 1 22 2 Add to Watch List
DIS 137.963.92%79.1648.48 7 27 2 Add to Watch List
FSLR 51.97-1.16%36.8322.87 6 40 Add to Watch List
HAL 21.285.92%76.4350.56 2 23 1 11/04/19	Bullish  Long White Real Body
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Chart Analysis and Chart Pattern Recognition – Falling Wedge Pattern.
A falling wedge pattern is a triangle formation with noticeable slant to the downside. It represents the loss of the downside momentum on each successive low and has a bullish bias. The falling wedges pattern usually marks a reversal in a downtrend. In an uptrend, the falling wedge pattern is considered as a continuation pattern. As with other triangle formations, volume usually diminishes as price rise and then increases during the breakout.
Falling Wedge Screening page presents a list of stocks forming Falling Wedge Pattern.
Tips:
# 1
To confirm the loss of the downside momentum at the reversal point, see bullish divergence on technical indicators.
# 2 For the best results, chart patterns should be considered together with other technical analysis signals and technical trading techniques.
Falling Wedge Pattern,Falling Wedge,Falling Wedge Chart Pattern,Charting technique, chart pattern, chart, pattern, technical analysis, signals, chart analysis, pattern recognition, screening, technical trading
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