Parker-Hannifin (PH) showed signs of weakness with multiple red bars, lower daily highs, and lack of buyers, suggesting a shorting opportunity for a move back into the gap.
Source Post
Parker-Hannifin (PH) - Why ThE Bull Flag Was Weaker Than It Looked
Aug 21, 2026
The creator analyzes Parker-Hannifin (PH), noting that a bull flag pattern appeared weaker than initially suggested due to several bearish technical indicators. These included numerous red bars (closing lower than open), consistently lower daily highs, and a lack of significant buying pressure, all pointing to potential downside. The creator suggests this setup presented a shorting opportunity, anticipating a move back into the previous gap, which subsequently occurred.
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