The Diving Board Trade by Thomas Bulkowski
What is a diving board pattern and can you profit from trading one?
In the winter of 2017, I was flush with cash, so I started looking for stocks to buy. While flipping through the weekly charts of the 515 stocks I follow, I noticed a recurring chart pattern, one I had not found before.
After researching the pattern, I remembered that this was not a new pattern after all. It was a diving board, a chart pattern I discovered back in 2010. I reviewed that research, traded on it, and Ill elaborate on the pattern in this article with new findings ...