Users: MississippiMan: slopechart_XBI.jpg

slopechart_XBI.jpg

Gonna call this a triple top and sell a call spread tomorrow.

Image added via SlopeCharts
slopechart_XBI.jpg

Comments

KestrelKestrel
No such thing as a triple top...looks like classic "ready to break out" to me 6/7/18
KavayKavay
The triple top pattern is a type of chart pattern used in technical analysis to predict the reversal of a long-term uptrend. The pattern occurs when the price of a security creates three peaks at nearly the same price level. 
Triple Top - Investopedia 
https://www.investopedia.com/terms/t/tripletop.asp 6/7/18
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