Descending triangle that is neutral until a trendline is broken.
The Rectangle is also a neutral pattern.
Upgraded by analysts.
Also a possible H&S pattern.
No recommendation
The Rectangle is also a neutral pattern.
Upgraded by analysts.
Also a possible H&S pattern.
No recommendation
Note
Possibly overvalued. I am short and buying more when this pops up.If this makes it past the descending triangle trendline, I will hang until it reaches the rectangle top trendline.
Price is well above the .236 of the trend up.
Note
Sometimes the obvious is not so obvious?I guess u may need an idea where the puck has been.
Having an educated guess where this puck may go can gives a hint of where it may go/or not?
Nothing lasts forever
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.