WEDGE PATTERN FORMING. LOSING MOMENTUM BUT TYPICAL OF AN OSCILLATING WEDGE AND IF BREAKS THROUGH MOMENTUM WILL SWING BACK. LIKELY BREAK THROUGH FIRST RESISTANCE BECAUSE OF COINCIDING UPWARD TREND LINE (BOTTOM OF WEDGE) AND MIDDLE BOLLINGER AND SMA. WILL FIND RESISTANCE AT LATH. WEDGE PATTERN WILL CONTINUE AND WILL LIKELY OSCILLATE BETWEEN WEDGE, LOWER SUPPORT AND UPPER RESISTANCE. IF BREAKS LATH EXPECTING RUN
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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.