Top trendline is sloping down and bottom trendline is flattish so this may be a Descending triangle.
Triangles of any kind are neutral until a trendline is broken.
Earnings this morning and looks like they beat the numbers.
The alligator is tangled indicating a move up or down is on the horizon.
Long candle tail/shadow that broke the trendline today and found support. Price is back inside the triangle now.
No recommendation
Triangles of any kind are neutral until a trendline is broken.
Earnings this morning and looks like they beat the numbers.
The alligator is tangled indicating a move up or down is on the horizon.
Long candle tail/shadow that broke the trendline today and found support. Price is back inside the triangle now.
No recommendation
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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.