LAWS: Triangle, symmetrical
Wait until it breaks out of the pattern to determine upward or downward movement. 54% breakout upward. After breakout, watch for a busted reversal and jump on the swing for larger movement. The news also seems to be pointing to an upward breakout.
For upward breakouts, target price is $30.51.
For downward breakouts, target price is $23.66
thepatternsite.com/Blog.html
thepatternsite.com/st.html
For upward breakouts, target price is $30.51.
For downward breakouts, target price is $23.66
thepatternsite.com/Blog.html
thepatternsite.com/st.html
Related publications
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.