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Ascending Parallel Channel
Nasdaq, Inc.
Long
Ascending Parallel Channel
By jcollet
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Nov 2, 2019
2
Nov 2, 2019
In the following chart we can observe that the trend still continuous from a really long time giving us a sign of a parallel channel.
Being the trend an upper trend we can place a ascending parallel channel.
Placing the resistance and support lines withing the paralel channel we can expect a long position on this pattern.
Chart Patterns
Parallel Channel
jcollet
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