Symmetrical triangle at a monthly support. Breakout is coming soon, could be either way but I think is most likely to go to the upside following the previous two continuation patterns. Price is just over the lower vertex of the triangle, so we have a tight SL, it triggers if a weekly candles breaks down the triangle. I have calls that expire 3 months from now strike 200. Buying the stock is much safer. Good luck.
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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.