Chart Patterns & Algorithmic Trader (May 06, '19) (53)
ABMD Parabolic Arc Pattern
s
Reviewed in CPAT 3/11/19
$ABMD (W) is trading in Parabolic Arc from 05/25/2012 (low: 11.80) to
10/05/2018 (high: 450.93). Parabolic Arc patterns are long-term patterns,
but most of the upside parabolic patterns return to at least 50-62% of its
prior rise in a correction mode.
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