This is showing ascending triangle formation on 240 with the brief downside to $41.40 and then bounce back up after retesting the trend line at $41.40 to $45+. This still holding on this bias. If however the price action closes above $43.60 today, it might just rallying up. Do you guys agree?
I see symmetrical triangle formation, which has broken to upside. However there's huge resistance at $43.67. Break and closing above the resistance would be give a good confirmation its to the upside. And also bollenger band is contracting which would only mean one thing. Even if the $43.67 holds and breaks down to downside, im expecting to bounce back up at...
Looks like its respected the trend line and forming ascending triangle, breaking out upside. And also its been in the range mode for bit. What do guys think?