Luckily risk101, people of that view have been selling, and the remainders are becoming less willing to sell for the last month or so. This is one of the reasons these patterns do sometimes break down, they are too long and patience gets tested. This one is reasonably short so I think it's worth hanging in for a week or two if your thinking that way. I doubt it will collapse overnight even if it does break, and if it does I wouldn't expect it to fall like a stone straight away. Each to their own though, and as the saying goes, you'll never go broke taking profits. As most buying is coming from off screen, scattering a few here and there on the offer shouldn't spook the market much,unless you dump a few hundred thousand in one go of course!
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)