The ceiling and bottom of the descending channel are the support and resistance in front of the stock.
Trade closed: target reached
You can see the price reaction to the ceiling of the descending channelTrade closed: target reached
You can see the price reaction to the bottom of the descending channel
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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.
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.