Questions tagged [slingshot pattern]

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Sara Sara Wed Sep 11 2024 | 7 answers 1609

What is the slingshot pattern in stocks?

Could you please elaborate on the slingshot pattern in stocks? I'm curious to know how it's identified, what are its characteristics, and what kind of trading opportunities it presents? Is it a reliable indicator for predicting market movements, or does it require careful consideration alongside other factors? Furthermore, how does one go about identifying this pattern in real-time trading scenarios?

What is the slingshot pattern in stocks?

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