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Bixley

ARLP Descending Megaphone Breakout

Alliance Resource Partners, L.P. (NASDAQ:ARLP)  
Bixley  
NASDAQ:ARLP   Alliance Resource Partners, L.P.
Chart Patterns ARLP
2
0
chartpattern arlp
Descending Broadening Wedge or a Megaphone structure
I think the price is breaking out with the breakout being the right shoulder of an inverted H&S structure
This breakout finishes the megaphone/wedge structure
Bullish on this Weekly
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