Ascending Triangle + Bolinger Bounce
The ascending triangle is forming. A good swing position is to go long in the area of the fib retracement. Bullish candlesticks are forming as well. This movement also shows a bounce off the outer Bollinger band signaling a reversal. This is also a delayed movement in reaction to the earnings report.
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.