FUTUBULL Help Center-Bullish continuation wedge
English
Back
Open Account

Bullish continuation wedge

1. Introduction

Bullish Continuation Wedge is a bullish signal, formed by three stages: rapid fluctuations, short-term corrections, and an upward breakthrough. The formation of this pattern means that the stock price has gone through a turning point and is likely to continue rising.


2. Feature

2.1 The pattern generally appears in a relatively short-term adjustment, with previous strong fluctuations;

2.2  Connecting the tops of the wedge forms the resistance line, and connecting the bottoms forms a support line. If the price has recently broken upward through the resistance line, it is likely to continue rising.


3. Example

300338 has a Bullish Continuation Wedge Pattern on June 18, 2021.


Market Insights
HK Tech and Internet Stocks
View More
Nancy Pelosi Portfolio
Hot Topics
Will the 'tariff stick' strike again? Will the market remain 'reactive'?
On September 25 Eastern Time, Trump once again wielded the tariff weapon, announcing a new round of tariff increases. Starting in October, h Show More