Its been a while since I published an idea so I thought I'd come back with one that is signaling buys. So, here it is:
Noticing this Bullish set-up here for $MEET. This ascending Triangle is a continuation pattern of Bullish price movement. It can appear at bottoms to signal reversals but, more than likely bullish continuation. Also looking at the Aroon, which is a time/price indicator (as apposed to momentum). You'll notice the parallel downtrend which indicates consolidation and sideways price movement, and also hits 100% twice which indicates a bullish change in price pattern (noticeably when price hits the top/resistance of the triangle). I believe $MEET will B/O of this consolidation and continue upwards within 1 week. Hopefully its earnings doesn't crush this price movement. Happy Trading, Make Your Own Luck
Noticing this Bullish set-up here for $MEET. This ascending Triangle is a continuation pattern of Bullish price movement. It can appear at bottoms to signal reversals but, more than likely bullish continuation. Also looking at the Aroon, which is a time/price indicator (as apposed to momentum). You'll notice the parallel downtrend which indicates consolidation and sideways price movement, and also hits 100% twice which indicates a bullish change in price pattern (noticeably when price hits the top/resistance of the triangle). I believe $MEET will B/O of this consolidation and continue upwards within 1 week. Hopefully its earnings doesn't crush this price movement. Happy Trading, Make Your Own Luck