Long

Descending Triangle

Updated

there is a descending triangle on daily timeframe, also shows increasing from average volume...
fundamental of company's shows pullback to 50$ is more probable scenario just in few days...
I'm gonna update this chart in few days...

Note

price action as we predicted broken the triangle and now in 51$ range, i guess it's gonna retest one more time around 49.804-50.10$ levels and after confirmation it's going through 56$ for resting in the first safe zone.
still following chart and company and i will update this report

hamed5665

Also on:

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.