Saturday, March 9, 2024 8:45 PM EST
![person using MacBook Pro on table](https://images.unsplash.com/photo-1569025690938-a00729c9e1f9?ixlib=rb-1.2.1&ixid=eyJhcHBfaWQiOjEyMDd9&auto=format&fit=crop&w=1000&q=80)
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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.
![](https://slopeofhope.com/wp-content/uploads/2024/03/slopechart_BIRK-640x345.jpg)
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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 ...
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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 for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
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