Ascending Triangle
Possibly heading for support.
Spinning top/indecision/at resistance.
Engulfing candle/bearish/today.
Top line is virtually flat (Resistance) and bottom line slopes up (support)
Things can change in a heart beat.
This stock does well at earnings as a rule.
You can calculate targets by projecting the width of the wide end of this triangle and projecting that measure up or down from the beak point.
Loose triangle as price is spread out somewhat. Triangles perform better when they are tight.
No recommendation
Spinning top/indecision/at resistance.
Engulfing candle/bearish/today.
Top line is virtually flat (Resistance) and bottom line slopes up (support)
Things can change in a heart beat.
This stock does well at earnings as a rule.
You can calculate targets by projecting the width of the wide end of this triangle and projecting that measure up or down from the beak point.
Loose triangle as price is spread out somewhat. Triangles perform better when they are tight.
No recommendation
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