A classic squeese for ITB
ITB is going through a classic Bollinger Band squeeze as it consolidates within an uptrend. A consolidation within an uptrend is a bullish continuation pattern and this favors a breakout to the upside, and new highs. Re-evaluate on close below January low.
Choose a Strategy, Develop a Plan and Follow a Process
-Arthur Hill, CMT
-Arthur Hill, CMT
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.
Choose a Strategy, Develop a Plan and Follow a Process
-Arthur Hill, CMT
-Arthur Hill, CMT
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.