If you like patterns, my advice is to look for them in higher time frames.
I found this beautiful wedge 5 months ago. It was a good trade and i want to share it with you.
Original Post:
This one shows a good ROIC (return on invested capital) which means that fundamentals support the long side, however this sector is one of the hated, but still, i see some accumulation building.
I will wait for the wegde breakout to get long, and i'll wait until the 38.2% retracement, that's a 60% upside.
I like this one a lot!
Capella Education Company by steveoliveira on TradingView.com
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