MCO possible scenarios

Symmetrical triangle formation, maybe it'll breakdown or breakout. Breakout/breakdown length is typically the length of the height of the triangle when it starts. That would put us almost perfectly at previous support/resistance levels. Possible double top in our future. Not completely loving the RSI on the hourly, but the thin Kumo is good sign of weak resistance.
breakdownbreakoutChart PatternsIchimoku CloudTechnical IndicatorskumoMCOMCOBTCpatternsSymmetrical TriangleTrend Analysis

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