This is everything I want in a chart. Consolidation pattern after an uptrend. Price comes down to touch the lower edge of the symmetrical triangle, leaves a long lower shadow signalling buyers defending below.
Watch for a break out back up to test $50.
MU
Watch for a break out back up to test $50.
Portfolio Manager, Chief Market Technician JSPMLLC.COM
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.
Portfolio Manager, Chief Market Technician JSPMLLC.COM
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.