Patchouli-Scented Shoes

person using MacBook Pro on table

Image Source: Unsplash

Birkenstock (BIRK) provided a good example of the importance of a pattern following through. The stock formed a nice base and broke out, but it later sank back into the pattern the same day.

Since then, it's been a total dud.


More By This Author:

The Latest B.R.N.
The Netflix Gap
Oil Stocks Overvalued

I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.