This USB chart is almost linear since late 2011 to date. Which is very nice, and preformed just under 200% since late 2011. USB is a strong linear chart for a passive investor.
It is beginning to fill out an ascending triangle. If this ascending triangle plays out - it is either a bullish case, or a continuation pattern (for very long term investors). This possible pattern is so far out I would not recommend incase of a US correction recession before the end of this pattern scenario.
For traders, it looks like the 200 EMA is about to cross back above the 50 EMA. Also, it is respecting the diagonal support. the 1H - 4H timeframe is also showing another smaller ascending triangle - indicating a continuation above the $52 rage.
It is beginning to fill out an ascending triangle. If this ascending triangle plays out - it is either a bullish case, or a continuation pattern (for very long term investors). This possible pattern is so far out I would not recommend incase of a US correction recession before the end of this pattern scenario.
For traders, it looks like the 200 EMA is about to cross back above the 50 EMA. Also, it is respecting the diagonal support. the 1H - 4H timeframe is also showing another smaller ascending triangle - indicating a continuation above the $52 rage.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
