Chart Patterns & Algorithmic Trader (14) ALNY Parabolic Arc Pattern ALNY (W) has completed Parabolic Arc pattern. Most Parabolic Arc patterns return to at least 50-62% of prior retracement. ALNY’s Parabolic Arc entered into a Short setup below $110 with potential targets at $73, $35 to $57. ALNY completed 79% retracement and completed Parabolic Arc pattern. After reaching its targets, most stocks in ParArc patterns do bounce and trade higher. www.surinotes.com
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