Broadway: Trading within a Rising Wedge

Broadway is currently trading within a Rising Wedge and seems that Broadway stock price rebounds after hitting the wedge support.  Next immediate support is between $1.03 to $1.05 which are the 200D MA support and 78.6% Fibonacci Retracement Support. Broadway current PE is about 7.3.

This Post Has 2 Comments

  1. guest1990

    the pattern looks more line an ascending triangle to me rather than a rising wedge…

  2. Marubozu

    Broadway broke down!!!
    Rising Wedge support and 200D MA support broken! Price target for this breakdown is $0.80.

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